Aon to Acquire USI for $17 Billion and Host Conference Call
- Aon plc announced a definitive agreement on August 31, 2026, to acquire USI from KKR and other shareholders for a total purchase price of $17.0 billion, according to...
- According to corporate disclosures, the $17.0 billion purchase price is expected to deliver $395 million in annual run-rate net adjusted EBITDA impact.
- Following the close of the transaction, USI Chairman and CEO Mike Sicard will assume the role of President of Aon plc and global CEO of Middle Market for...
Aon plc announced a definitive agreement on August 31, 2026, to acquire USI from KKR and other shareholders for a total purchase price of $17.0 billion, according to press releases from PRNewswire.
The transaction establishes the premier platform in the U.S. middle-market segment, building on Aon’s 2024 acquisition of NFP. USI currently operates as the tenth largest U.S. insurance broker, generating approximately $3 billion in annual revenue. The firm employs more than 10,500 team members across nearly 200 U.S. offices, providing property and casualty, employee benefit, personal risk, and retirement solutions.
Transaction Details and Financial Impact
According to corporate disclosures, the $17.0 billion purchase price is expected to deliver $395 million in annual run-rate net adjusted EBITDA impact. These gains are projected to come from revenue and cost synergies across the combined middle-market platform. Furthermore, the transaction is expected to be accretive to adjusted earnings per share in 2028.
To discuss the transaction details, Aon scheduled a conference call for investors and analysts on August 31, 2026, starting at 8:00 AM Eastern Time. USI brings its proprietary USI ONE® platform for analytics and strategic planning to the combination, which corporate leadership notes will integrate with Aon’s global Aon Business Services operating and technology engine.
Executive Leadership and Strategic Alignment
Following the close of the transaction, USI Chairman and CEO Mike Sicard will assume the role of President of Aon plc and global CEO of Middle Market for the firm. Sicard will report directly to Aon President and CEO Greg Case and join the Aon Executive Committee.
Becoming part of Aon marks an inspiring new phase for our organization and a chance to speed up our progress through the Aon United framework.
The integration with USI will create the leading middle-market structure in the United States, enhance our context advantage, and set up Aon for faster organic expansion.