Capabilities

Acquisition of USI Insurance Services LLC

Onex

Our attorneys assisted longtime client Onex Corp. in its $2.3 billion acquisition of USI Insurance Services LLC from a private fund managed by Goldman Sachs Group Inc. Onex and Onex Partners III LP, its principal private equity fund, will make an equity investment of $700 million to help finance the deal. USI handles a variety of property and casualty insurance, employee benefits services and retirement consulting. Onex is a Canadian private equity firm with offices in Toronto, New York and London.

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