Willis Towers Watson has signed a definitive agreement to acquire Newfront, a San Francisco-based broker known for its specialty expertise and advanced technology. The deal includes an upfront payment of $1.05 billion-consisting of approximately $900 million in cash and $150 million in equity for Newfront employee-shareholders-and up to $250 million in contingent consideration, primarily in equity, tied to performance targets. An additional $150 million, also primarily in equity, could be paid if Newfront exceeds revenue growth targets. The transaction is expected to close during the first quarter of 2026, pending regulatory approvals and customary closing conditions. The acquisition will enhance Willis Towers Watson's presence in the U.S. middle market and high-growth specialties such as technology, fintech, and life sciences, and will advance the firm's technology strategy.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9599949-en) on December 10, 2025, and is solely responsible for the information contained therein.
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