USI Holdings Corporation said it has closed on the acquisition of Cranston, R.I.-based Benefits Unlimited.

Terms of the deal were not released.

The Briarcliff Manor, N.Y.-based insurance brokerage firm said the acquisition is expected to contribute approximately $2.5 million of revenue to USI annually.

For over 20 years, Benefits Unlimited has provided employee benefits consulting services as well as compliance and human resource consulting to middle market companies.

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