U.S.I. Holdings Corporation (“USI”) announced that it has closed on the acquisition of Dallas, TX headquartered Summit Global Partners (“SGP”). Established in 1996, SGP is, according to published sources, the 14th largest privately held insurance brokerage firm in the United States. SGP specializes in risk management and employee benefits for middle market companies throughout the U.S. with offices in Texas, Florida, Illinois, California, Tennessee, New Mexico and Michigan. SGP is expected to contribute approximately $66 million of revenues to USI on an annual basis. The sale of SGP marks a successful completion to CRP’s investment.