WTW agrees to sell Tranzact to GTCR and Recognize for $632mn
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WTW agrees to sell Tranzact to GTCR and Recognize for $632mn

The broker will take a charge of $1.6bn-$2.1bn relating to the sale.

By Rachel Dalton
October 01, 2024
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WTW has stuck a deal to sell consumer distribution business Tranzact to private equity firm GTCR and technology platform Recognize for $632.4mn.

The

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