Home > M&A deals 2020 > USI Insurance Services Corp. acquires Associated Financial Group LLC
Divestiture · Insurance · May 2020

USI Insurance Services Corp. acquires Associated Financial Group LLC

On May 4, 2020, USI Insurance Services Corp. acquired Associated Financial Group LLC, an insurance company in Minnesota, United States, from Associated Banc-Corp.

Deal at a glance

AnnouncedMay 4, 2020 TypeDivestiture TargetAssociated Financial Group LLC Buyer USI Insurance Services Corp. Seller Associated Banc-Corp. SectorInsurance LocationMinnesota, United States ValueNot disclosed

Target company

Associated Financial Group LLC
Minnesota, United States
Insurancesector
2014founded
Activestatus
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Buyer

USI Insurance Services Corp.
Company · 92 deals on record
  • 27th transaction in insurance
  • 34th transaction in United States
92deals, all time
28in this sector
2022latest

Seller

Associated Banc-Corp.
Company · 16 deals on record
16investments
2in this sector
2exits

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Questions about this deal

Who acquired Associated Financial Group LLC?USI Insurance Services Corp. acquired Associated Financial Group LLC on May 4, 2020.

Who sold Associated Financial Group LLC?Associated Banc-Corp. was the seller.

What type of deal was it?It was a divestiture in the insurance sector in 2020.

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