Aon Finalizes $17 Billion All-Cash Acquisition of USI Insurance Services from KKR

• Aon Plc acquires USI Insurance Services from KKR for $17 billion.
• The transaction is an all-cash deal.
• Aon aims to expand its U.S. middle-market presence and advisory capabilities.

Professional services firm Aon Plc officially announced its agreement to acquire insurance brokerage USI Insurance Services from private-equity firm KKR & Co. Inc. The deal is valued at approximately $17 billion and will be an all-cash transaction. This acquisition, initially reported by the Wall Street Journal as nearing completion, aims to significantly advance Aon’s presence in the $40 billion U.S. middle-market segment. Furthermore, the Irish risk management provider intends to expand its capabilities across health, talent, and human capital advisory offerings with this strategic move.