KKR expects $3.3 billion proceeds from $17 billion sale of USI to Aon
KKR's agreement to sell United Shore Inc (USI) to Aon for $17 billion in cash is expected to yield significant returns, with KKR anticipating approximately $3.3 billion in proceeds. The deal marks a substantial gain on KKR’s initial investment from 2017, when USI was valued at around $4.3 billion. The transaction highlights the success of private equity strategies and underscores Aon's expansion into digital insurance services through its acquisition of USI, which operates as an online insurance marketplace for small businesses.
Topics: M&A private equity exit