CDPQ and KKR to Acquire USI Insurance Services

Posted on 03/17/2017


Caisse de dépôt et placement du Québec (CDPQ) and private equity firm KKR & Co., along with USI employees, are jointly buying Valhalla, N.Y.-based USI Insurance Services LLC from Onex Corporation for an enterprise value of around US$ 4.3 billion. Excluding debt, the deal comes to roughly US$ 2 billion. CDPQ and KKR will have […]