"LONDON, Jan. 27, 2026 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global advisory, broking and solutions company, today announced that it has completed the previously announced acquisition of Newfront, a San Francisco-based, top 40 U.S. broker combining deep specialty expertise and cutting-edge technology."
"LONDON, Dec. 10, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global advisory, broking and solutions company, announced it has signed a definitive agreement to acquire Newfront, a San Francisco-based, top 40 U.S. broker combining deep specialty expertise and cutting-edge technology. The agreement provides for upfront and contingent consideration payments totaling $1.3 billion. The upfront portion of $1.05 billion is comprised of approximately $900 million in cash and $150 million in equity to be paid to Newfront employee-shareholders; the contingent consideration of up to $250 million is payable primarily in equity, subject to Newfront's achievement of specified performance targets."
"Willis Towers Watson Plc's $1.3 billion acquisition of Newfront Insurance Holdings Inc. included illegal terms holding payouts to hundreds of employees hostage unless they agree to restrictive new noncompetes, a lawsuit says. A Newfront employee sued a WTW affiliate and Newfront's ex-board, including founders Eugene "Spike" Lipkin and Gordon Wintrib, who became the insurance giant's AI chiefs after the deal closed."
"The net proceeds from the 2025 senior notes offering ... were used to pay the consideration for our Newfront acquisition, which was completed on January 27, 2026..."
