KKR to become USI’s largest shareholder following new $1bn+ equity investment
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

KKR to become USI’s largest shareholder following new $1bn+ equity investment

Jairo Ibarra
September 11, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
handshake money m&a.jpg

Private equity house KKR is set to become USI’s largest single shareholder after investing more than $1bn in additional equity of the retail broker.

With the deal, KKR purchased over half of USI shares held by Canadian investment firm Caisse de dépôt et placement du Québec (CDPQ) in addition to stock from other investors.

The

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsUSI Insurance ServicesPrivate equityInvestments
jairo ibarra 2024 ii us 2.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article