Private equity firm Onex Corp. (TSX: OCX) will acquire USI Insurance Services from GS Capital Partners VI Fund LP in a deal valued at $2.3 billion.

Onex, based in Toronto, has about $14 billion in assets under management.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.