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.
Picasso Etching Stolen From Wisconsin Art Gallery Found in Vacant Apartment 
Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes? 
At-Bay to Be Acquired by Munich Re for $575 Million 
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
