It’s a Deal: USI Consulting Group Buys Hooker & Holcombe

mergers and acquisitions

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Full-service retirement plan consulting and benefits administration firm USI Consulting Group today announced it has acquired Hooker & Holcombe, a regional provider of comprehensive and integrated actuarial, investment advisory and retirement plan consulting services. Terms of the transaction were not disclosed.

Bloomfield, Conn.-based Hooker & Holcombe employs 68 professionals led by President Richard S. Sych and a dynamic executive team. The firm has continued to service municipal, corporate and non-profit organizations since its founding in 1956, as well as providing strategic solutions for the planning, execution and management of retirement plans.

“For more than 67 years, through the expertise of our dedicated and knowledgeable professionals, H&H has built a strong reputation for delivering effective retirement plan solutions that exceed client expectations,” Sych said. “We look forward to advancing this longstanding tradition of service excellence through our partnership with USI Consulting Group.”

The Partners of Hooker & Holcombe were represented by Wise Rhino Group in the transaction. “Hooker & Holcombe has been one of the most well-respected names in actuarial and retirement services for many years. They have a talented partner group, strong team and continue to provide expert guidance to their very loyal base of institutional clients,” said Peter Campagna, Partner at Wise Rhino Group. “Partnering with a dynamic, growing and diversified firm like USI gives the H&H team an expanded base of resources and tools to take their already outstanding service to another level. These two firms are a terrific match and have a very bright future together.”

USICG’s integrated team provides specialized expertise in delivering independent, comprehensive guidance and innovative, flexible retirement plan solutions to meet the changing needs of employers and their employees.

“We are thrilled to welcome the talented professionals from H&H to the USI family and look forward to strengthening USI’s retirement consulting expertise throughout the country,” added USI Consulting Group President and CEO Bill Tremko.

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