KKR agrees to sell USI Insurance Services to Aon for $17 billion
KKR•Aon to buy USI Insurance Services from KKR
Aon agreed to buy USI Insurance Services from KKR and co-investors for $17 billion in an all-cash deal.
- Closing is targeted for Q4 2026, subject to customary conditions and regulatory approvals.
- The transaction implies about a 6x return on KKR’s 2017 equity investment in USI.
- KKR expects about $2 billion of ANI, or $2 per share, from the sale.
