London-based Willis Towers Watson acquires Risk Capital Advisors

Sydney, Australia. Photo by Liam Pozz on Unsplash

Advisory, broking and solutions company Willis Towers Watson has acquired specialist mergers & acquisitions (M&A) broker Risk Capital Advisors that has operations in Australia, New Zealand and South Africa.

Terms of the transaction were not disclosed.

The acquisition by the London-headquartered Willis Towers Watson is expected to broaden its offering to clients in a growing M&A market in the Australasia region, the firm said in an announcement on Thursday.  The acquisition is effective immediately.

Sydney-Risk Capital Advisors will become a fully integrated part of the company’s FINEX global line of business, it added.

“RCA is the foremost team in Australasia for warranty and indemnity insurance. This offering builds on our current FINEX specialties and supports the growing client needs and market dynamics we are experiencing locally,” said Head of Australasia Simon Weaver.

RCA, set up in 2011, provides insurance advisory and brokerage services, and other specialist M&A products. The deal covers more than ten executives across Australasia and South Africa, plus one in the US.

Earlier this week, Willis Tower Watson completed its acquisition of TRANZACT, a direct-to-consumer health care organization that links individuals to US insurance carriers.

In fact, in the recent months, the firm has made moves for inorganic growth. In June, it announced the formation WTW Strategic Ventures that will make early stage investments in companies pursuing next-generation innovation, bolstering access to cutting-edge ideas and trends.

In addition to the launch of WTW Strategic Ventures, Willis Towers Watson also announced the formation of a new Growth Board that will increase the company’s organic innovation efforts by supporting early-stage ideas that have the potential to create new markets, new customer channels and new business models.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.