USI Insurance Services has acquired Suncoast Insurance Associates Inc., a Tampa, Florida-based insurance brokerage specializing in professional liability programs in Florida.
USI said this acquisition is expected to contribute approximately $3 million in revenues on an annual basis.
Terms of the transaction were not disclosed.
USI is headquartered in Briarcliff Manor, N.Y., and operates out of 81 offices in 24 states. USI is a portfolio company of private equity firm Goldman Sachs Capital Partners
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
Dunkin’ Cashier in Georgia, Stabbed by Rapper, Can’t Claim More Than Workers’ Comp 
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Launch 
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe 
