USI Adds on Venbrook Business
January 17, 2011- Share:
GS Capital Partners-backed USI Holdings has acquired Venbrook Group's commercial marine business, which is expected to contribute about $1 million in revenues on an annual basis. Venbrook is a property and casualty insurance company. GS has been the majority owner of USI since a 2007 public-to-private buyout valued at $1.4 billion.
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