EPIC Set To Acquire Integro USA
December 19, 2018
EPIC Holdings, Inc., announced that it will acquire Integro Holdings, Inc., which houses substantially all of the US operations of Integro Group Holdings, LP. Financial terms of the proposed transaction have not been disclosed.
With revenues in excess of $150 million, Integro USA's specialty insurance brokerage and consulting business brings to EPIC expertise in entertainment and sports, specialty, risk management and complex risk accounts, middle market accounts, and employee benefits consulting.
Launched in 2005, Integro and its family of specialty insurance and reinsurance companies operate from offices in the United States, Bermuda, and the United Kingdom.
Through the acquisition of Integro USA, EPIC will add over 400 team members working across 22 US locations. Integro USA is headed by Marc Kunney, president of North America operations.
With nearly 1,400 team members in 50 offices across the United States, EPIC has annual revenues of over $440 million.
Steve Denton, president of EPIC Holdings, Inc., said, "EPIC and Integro USA fit together perfectly with common themes including a passion for client service and delivering specialty capabilities supported by actionable analytics."
The transaction is expected to close in January 2019.
December 19, 2018