Briarcliff Manor, N.Y.-based USI Holdings Corp. has acquired all the issued and outstanding capital stock of Chicago-based Diversified Insurance Services Inc.
Established in 1985, Diversified provides group and individual employee benefits to middle market clients. Patrick Moore, president and CEO of Diversified, will assume the role of senior vice president and client manager for USI Insurance Services of Illinois.
This acquisition will be integrated with USI’s existing Chicago operation and is expected to contribute $800,000 in revenues in the next 12 months.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Lawyers, Traders Among 30 Charged in Global Insider Trading Case 
Progressive Insurance Helps First-Time Homebuyers With Down Payments 
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M 
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law 
