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Wednesday, November 28, 2012

PRIVATE EQUITY DEALS


Onex Corp. has agreed to acquire USI Insurance Services, a Briarcliff Manor, N.Y.-based insurance broker, from GS Capital Partners. The deal is valued at approximately $2.3 billion, with GSCP retaining a minority ownership position. GSCP took USI private in 2007 for approximately $1.4 billion, and since has made numerous add-on acquisitions. www.usi.biz  

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