USI Holdings Corporation today announced the completion of the merger in which USI has been acquired by GS Capital Partners, a private equity affiliate of Goldman, Sachs & Co.

“We are pleased to complete this transaction,” said David Eslick, who will remain Chairman, President and Chief Executive Officer of USI. “I am profoundly grateful to our senior leadership, sales professionals and associates generally for their steadfast support and incredible focus during this long, but successful transaction process. We are extremely excited about the next chapter in USI’s history and our opportunity to partner with GS Capital Partners, one of the world’s largest private equity firms. We share a vision of the future which involves investing in our people and delivering value for our clients and customers.”

Source: BRIARCLIFF MANOR, N.Y.--(BUSINESS WIRE)-- | Published on May 9, 2007

Founded in 1994, USI is a leading distributor of insurance and financial products and services to businesses throughout the United States. USI is headquartered in Briarcliff Manor, NY, and operates out of 66 offices in 18 states. Additional information about USI may be found at http://www.usi.biz.