USI Insurance Services’s acquisition of Accelerated Benefits, the largest insurance agency in central Ohio

USI Insurance Services has announced that Accelerated Benefits, the largest insurance agency in central Ohio, has joined the firm.

Founded in 1986 by Thomas P. Wagoner and headquartered in Dublin, Ohio, Accelerated Benefits and its employees will remain at the current Dublin location. Wagoner has been named president of USI Columbus Employee Benefit Division.

Terms of the transaction were not disclosed.

USI is a leading local and national insurance brokerage and consulting firm, delivering property and casualty, employee benefits, personal risk and retirement solutions throughout the United States. Headquartered in Valhalla, New York, USI has over $1.0 billion in revenue, employs more than 4,400 professionals and operates out of 140 local offices serving every state.

Jones Day has advised USI Insurance Services in its acquisition with a team led by Boston-based M&A partner Bruce Raphael.

Involved fees earner: Bruce Raphael – Jones Day;

Law Firms: Jones Day;

Clients: USI Insurance Services;

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Author: Ambrogio Visconti