Willis Towers Watson – acquisition of Risk Capital Advisors

Miles Advisory Partners advised the shareholders of Risk Capital Advisors on the sale of the business to Willis Towers Watson

Transaction Details

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Sector
Business Services
Miles Role

Sell-side advisor to the shareholders of Risk Capital Advisors

Deal Type

Business Divestment

Year Completed

2019

Contacts for this Transaction
Rohan Manikath
Managing Director
Contact Rohan Manikath
Alan Dassie
Director
Contact Alan Dassie

Overview

  • Risk Capital Advisors (“RCA”) is a specialist mergers and acquisitions insurance broker, providing Warranty & Indemnity and other transactional risk products across Australia, New Zealand and South Africa
  • Miles advised the RCA shareholders on the sale of the business to global advisory, broking and solutions company Willis Towers Watson
  • RCA became part of Willis Towers Watson’s FINEX financial, executive and professional risks line of business, broadening its transactional risk capability

Industry Context

Transactional risk insurance, including Warranty & Indemnity cover, has grown strongly as it became a standard feature of M&A deal structures. Global broking groups have acquired specialist boutiques to add this capability and the teams behind it. For a founder-led specialist, joining a global platform provides access to broader client relationships and international reach while retaining its specialist focus.

Further information on this transaction is available at: Risk Capital Advisors / Willis Towers Watson Consultancy Article and Risk Capital Advisors / Willis Towers Watson AFR Article