USI Insurance Services, a world leader in risk management, employee benefit and retirement consulting, today announced the acquisition of Sacramento, California-based employee benefits brokerage and advisory firm, Ames-Grenz Insurance Services, Inc. Terms of the transaction were not disclosed.
Commenting on this announcement Ames-Grenz CEO, Larrie Grenz, stated: “Over the last 54 years, Ames-Grenz has grown to become one of the leading employee benefits agencies in northern California. We look forward to continuing our longstanding reputation of providing unique employee benefits solutions and advisory services for clients with USI. Additionally, our current clients will continue to work with the same local team of Ames-Grenz experts they’ve come to know and trust.”
USI President, Tim Prichard, stated: “We are excited to welcome Larrie, Rob and the entire team of professionals from Ames-Grenz to the USI family. Together, we look forward to delivering an unmatched level of service and expertise for our current and future clients throughout the northern California region and beyond.”
Ames-Grenz President, Rob Ford, added: “We are thrilled to be joining forces with USI, one of the world’s largest insurance brokerage and consulting firms, as we look to further strengthen the value we bring to clients through USI’s expanded suite of industry-leading tools, solutions and expertise available through the USI ONE Advantage®, a proprietary approach that delivers innovative risk management and employee benefit solutions with bottom-line financial impact.”