U.S.I. Completes Summit Global Deal
NU Online News, Jan. 4, 2 :04 p.m. EST?Briarcliff Manor, N.Y.-based U.S.I. Holdings Corp. said it has completed the acquisition of Dallas, Texas-based Summit Global Partners.[@@]
Terms of the deal were not released.
Established in 1996, SGP specializes in risk management and employee benefits for middle market companies throughout the U.S. with offices in Texas, Florida, Illinois, California, Tennessee, New Mexico and Michigan.
SGP is expected to contribute approximately $66 million of revenues to the firm on an annual basis, U.S.I. said.
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