Willis Towers Watson - M&A Summary and Business Overview

InsuranceCompany

Willis Towers Watson M&A Summary

Willis Towers Watson has acquired 10 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 3 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 (50%) and business services (20%).

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 9,483M USD for 2023 and 8,866M USD for 2022.

How many employees does Willis Towers Watson have?

Willis Towers Watson has 48,000 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 Activity13
    • M&A Buy Activity10
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 6
  • M&A Buy/Sell Connections 7
  • M&A Advisors 4

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 (0.6/yr) # 7 - 2 - - 1 10
vol $1.3B $1.3B
Sell (0.6/yr) # - - 2 - - 1 3
vol $4.0B $632M $4.6B
  13

Most Recent M&A

Company Date Value Type
atomos 2024-10-03 - Add-on Acquisition
London, United Kingdom · www.atomos.co.uk
MG LLC 2024-10-01 632M USD Divestiture
Fort Lee, New Jersey · www.letstranzact.com
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.letstranzact.com
Office d’Assurances Aériennes G. de Cugnac (OAAGC) 2017-03-01 - Add-on Acquisition
Paris, France · www.oaagc.fr
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 5 (50%) - 1 (33%) 4.0B (86%)
Business Services 2 (20%) - 1 (33%) -
Financial Services 2 (20%) - - -
Marketing 1 (10%) 1.3B (100%) 1 (33%) 632M (14%)
Total 10 $1.3B 3 $4.6B

By Geo

State/Country Buy Value Sell Value
United Kingdom 2 - 2 4.0B
Australia 3 - - -
United States 2 1.3B 1 632M
  New Jersey 1 1.3B 1 632M
  Virginia 1 - - -
France 1 - - -
Israel 1 - - -
Panama 1 - - -
Domestic 2 (20%) - 2 (67%) 4.0B (86%)
Cross-border 8 (80%) 1.3B (100%) 1 (33%) 632M (14%)
Total 10 $1.3B 3 $4.6B

Top M&A Advisors

Financial Deals
Houlihan Lokey
1
BofA Securities
1
Legal Deals
Herbert Smith Freehills
1
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
$100M to $1B 1 $632M
TOTAL $4.6B
Largest Willis Towers Watson - Treaty Reinsurance Brokerage Operations
$4.0B (2021-08-13)

M&A Connections

Deals
Acquired from
Investor(s)
20%
2 (20%)
Strategic(s)
10%
1 (10%)
Divested to
Investor(s)
67%
2 (67%)
Strategic(s)
33%
1 (33%)

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