Willis Towers Watson - M&A Summary and Business Overview

InsuranceCompany

Willis Towers Watson M&A Summary

Willis Towers Watson has acquired 9 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Willis Towers Watson’s largest acquisition to date was in 2019, when it acquired MG for $1.3B. It’s largest disclosed sale occurred in 2021, when it sold Willis Towers Watson - Treaty Reinsurance Brokerage Operations to Arthur J. Gallagher for $4.0B. Willis Towers Watson has acquired in 2 different US states, and 6 countries. The Company’s most targeted sectors include insurance (56%) and business services (23%).

Willis Towers Watson Business Overview

Where is Willis Towers Watson headquartered?

Willis Towers Watson is headquartered in London, United Kingdom.

What is Willis Towers Watson’s revenue?

Willis Towers Watson disclosed revenue of 8,866M USD for 2022 and 8,998M USD for 2021.

How many employees does Willis Towers Watson have?

Willis Towers Watson has 46,000 employees.

What sector is Willis Towers Watson in?

Willis Towers Watson is an insurance company.

When was Willis Towers Watson founded?

Willis Towers Watson was founded in 1828.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity9
    • M&A Sell Activity2
  • Total Sectors Invested 4
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 5
  • M&A Advisors 2

Willis Towers Watson

Willis Towers Watson PLC

51 Lime Street,
London, EC3M 7DQ
United Kingdom,
+44 20 3124 6000
www.willistowerswatson.com

Willis Towers Watson is a global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. Willis designs and delivers solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Willis Towers Watson was founded in 1828 and is based in London, United Kingdom.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 7 - 2 - - - 9
vol $1.3B $1.3B
Sell (0.4/yr) # - - 2 - - - 2
vol $4.0B $4.0B
  11

Most Recent M&A

Company Date Value Type
Aerosure Asia Pacific Pty Ltd. 2021-12-06 - Add-on Acquisition
Pyrmont, Australia · www.aerosureap.com
Innovisk Capital Partners LLP 2021-09-09 - Divestiture
London , United Kingdom · www.innovisk.com
Leaderim 2021-08-25 - Add-on Acquisition
Ramat Gan, Israel · www.leaderim.com
Willis Towers Watson - Treaty Reinsurance Brokerage Operations 2021-08-13 4.0B USD Divestiture
London, United Kingdom
Unity Group Holdings Corp. 2019-12-23 - Add-on Acquisition
Panama City, Panama
Risk Capital Advisors Pty Ltd. 2019-08-01 - Add-on Acquisition
Sydney, Australia · www.riskcapitaladvisors.com
MG LLC 2019-03-31 1.3B USD Add-on Acquisition
Fort Lee, New Jersey · www.tranzact.net
Office d’Assurances Aériennes G. de Cugnac (OAAGC) 2017-03-01 - Add-on Acquisition
Paris, France · www.oaagc.fr
Russell Investments - Actuarial Consulting Business 2017-02-16 - Divestiture
Sydney, Australia
Towers Watson & Co. 2016-01-05 - Merger
Arlington, Virginia · www.towerswatson.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 5 (56%) - 2 (100%) 4.0B (100%)
Business Services 2 (22%) - - -
Financial Services 1 (11%) - - -
Marketing 1 (11%) 1.3B (100%) - -
Total 9 $1.3B 2 $4.0B

By Geo

State/Country Buy Value Sell Value
Australia 3 - - -
United Kingdom 1 - 2 4.0B
United States 2 1.3B - -
  Virginia 1 - - -
  New Jersey 1 1.3B - -
France 1 - - -
Israel 1 - - -
Panama 1 - - -
Domestic 1 (11%) - 2 (100%) 4.0B (100%)
Cross-border 8 (89%) 1.3B (100%) - -
Total 9 $1.3B 2 $4.0B

Top M&A Advisors

Financial Deals
BofA Securities
1
Legal Deals
Weil Gotshal & Manges
1

Deal Values

buy # Total
> $1B 1 $1.3B
TOTAL $1.3B
Largest MG LLC
$1.3B (2019-03-31)
sell # Total
> $1B 1 $4.0B
TOTAL $4.0B
Largest Willis Towers Watson - Treaty Reinsurance Brokerage Operations
$4.0B (2021-08-13)

M&A Connections

Deals
Acquired from
Investor(s)
11%
1 (11%)
Strategic(s)
11%
1 (11%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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