USI Insurance Services (USI) announced this week it has acquired Georgia-based Gardner & Associates Enterprises. Terms of the transaction were not disclosed.
With more than 140 offices and more than 4400 employees across the US, and annual revenues of about $1 billion, USI is the 8th largest broker in the US and the 12th largest brokerage in the world.
Amy A. Gardner, president of Gardner & Associates, said: "With this acquisition, our clients will enjoy an expanded set of measurable and actionable insurance products that are supported by an outstanding network of national and local resources."
Gardner and Associates was founded in 1969 in Newton, Mississippi.
James W. Dunn, USI's Southeast regional chief executive officer, said: "Their approach to insurance is a perfect match with… USI. This acquisition is yet another testament to the commitment and investment we are making in the Southeast region, and I look forward to growing our middle market business in this strategic growth marketplace."
