WTW Completes Acquisition of Newfront

WTW (NASDAQ: WTW) (the “Company”), a leading global advisory, broking and solutions company, 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.

“We are excited to welcome Newfront to the WTW team,” said Carl Hess, WTW’s Chief Executive Officer. “Combining Newfront’s cutting-edge, technology-enabled broking model and expertise in high-growth industries with WTW’s global footprint, specialty strategy and established analytics and broking platforms will enhance our delivery of innovative and efficient solutions to our clients. This milestone represents an important step in executing our strategy as we enhance our competitive differentiation and create long-term value for all our stakeholders.”

The acquisition of Newfront expands WTW’s U.S. middle market capabilities and enhances its position in high-growth sectors including technology, fintech and life sciences. Newfront has built a differentiated broking platform supported by a growing producer base, proprietary client-facing technologies and the use of advanced automation and agentic AI.

Upon completion of the transaction, the Newfront team joined WTW, including Newfront Co-Founder and CEO, Spike Lipkin, who will focus on integration, client development, talent acquisition and technology. Newfront’s major business segments, Business Insurance and Total Rewards, are now part of WTW’s Risk & Broking (R&B) and Health, Wealth & Career (HWC) segments, respectively, supporting an integrated offering that further enables WTW to serve clients of all sizes with greater speed, efficiency and intelligence.

J.P. Morgan Securities LLC acted as exclusive financial advisor and Weil, Gotshal & Manges LLP as legal advisor to WTW. Perella Weinberg served as exclusive financial advisor and Reed Smith LLP as legal advisor to Newfront.