Mergers & Acquisitions ·
Aon plc announced it has entered into a definitive agreement to acquire USI Advantage Corp. for $17 billion in cash…
AONAon plc
Aon plc announced it has entered into a definitive agreement to acquire USI Advantage Corp. for $17 billion in cash, subject to adjustments for leakage since June 30, 2026. The transaction establishes the premier U.S. middle-market platform and expands Aon’s access to the Excess & Surplus segment. Closing is expected in the fourth quarter of 2026, pending regulatory approvals and customary conditions. Aon expects the acquisition to deliver $395 million in annual run-rate net adjusted EBITDA synergies and be accretive to adjusted EPS by 2028. USI Chairman and CEO Mike Sicard will become President of Aon plc upon closing. Aon operates as a leading global professional services firm providing risk, wealth, and human capital solutions.