WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million

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Insurance Journal - Oct 01, 2024

Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR and Recognize, a technology services investment platform, for $632.4 million. “With the sale of Tranzact, we are exiting this direct-to-consumer &#82...

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