Canada’s private equity investment firm Onex has acquired USI Insurance Services (USI) for approximately US$2.3bn. With the completion of transaction, Onex, Onex Partners III and employees of USI own 100% of the company. USI ...
Tags: Onex, USI Insurance Services, acquisition, specialty markets
Cooper Standard Automotive, a global supplier of systems and components for the automotive industry, has acquired USi from Ikuyo of Japan, effective immediately. USi provides hard coating process for use in automotive and industrial ...
Tags: Cooper Standard Automotive, USi, bright trim assemblies, vehicles
Toronto Dominion Bank has disposed its US insurance subsidiary to USI Insurance Services, a middle-market brokerage firm owned by Goldman Sachs Capital Partners, for an undisclosed amount. The bank cum underwriter said that it sold the US ...
Tags: Toronto Dominion Bank, USI Insurance Services, dispose, insurance
Property and casualty insurance company, USI Insurance Services (. Terms of the transaction were undisclosed. Emerson Reid and Company's CEO Arthur Hall said, "Through our acquisition of Kelly Insurance Brokerage, we have attained an ...
Tags: Usi Insurance Services, Kelly Insurance Brokerage, acquisition
Fireman’s Fund Insurance has appointed Arun Chanana as new senior vice president of distribution and agency management. Heading the company's Liberty Corner office in New Jersey, Chanana will provide strategic and operational ...
Tags: Fireman, Arun Chanana, vice president, insurance
USI Insurance Services, a distributor of property and casualty insurance has inked a share purchase agreement to acquire TD Insurance for an undisclosed sum. The acquisition is expected to close by the end of September 2012, and will ...
Tags: USI, casualty insurance, property insurance, share purchase agreement
USI Insurance Services (USI) has acquired Lynch, Beretta and Bucci Insurance, a Pawtucket, Rhode Island-based property and casualty insurance agency in an undisclosed transaction. USI's regional CEO for New England Thomas Stiles said that ...
Tags: USI, Lynch, acquire, property and casualty insurance, insurance
Canada's private equity investment firm Onex has inked a definitive agreement to purchase USI Insurance Services from GS Capital Partners VI Fund,and certain of its affiliates(GS Capital Partners),for nearly$2.3bn. The agreement,which ...
Acme Electronics is expected to report flat or slight sequential growth in consolidated revenues for the third quarter of 2012, buoyed by rising sales generated by sapphire ingot-making subsidiary USI Optronics, according to market sources. ...
Tags: Sapphire wafer
USI Insurance Services (USI) has acquired Suncoast Insurance Associates, an insurance brokerage operation, which offers the design, delivery and servicing of professional liability programs for more than 1,500 firms in Florida. The ...
Tags: USI, Suncoast Insurance Associates, brokerage operation
Prices for sapphire ingots have stopped falling recently in light of the rising sapphire substrate prices, according to sapphire ingot supplier USI Optronics. Prices of 2-inch sapphire substrates have increased to US$8.5-9 on average ...
Tags: Market View, Sapphire
USI Insurance Services (USI) has acquired certain assets of National Insurance Specialists (NIS), which is expected to contribute about $1.6m in revenues to USI per year. The enterprise will be merged with USI Affinity, a division of USI ...
USI Optronics is seeing order visibility for sapphire ingots extend to two months on a pick-up in LED lighting demand, according to its parent company Acme Electronics. Acme indicated that USI Optronics has seen its order visibility improve ...
Tags: Market View, led light
Despite a pick-up in orders, Acme Electronics remains wary on the outlook for sapphire ingots citing low pricing that has not recovered. Subsidiary USI Optronics, a maker of sapphire ingots, has seen the visibility of orders shorten to ...
Tags: Market View, raw material, backlight