By Kelly Cloonan
WTW's Willis has acquired Global Commercial Credit, a credit-risk-management company based in Michigan.
WTW said Tuesday the acquisition adds scale and growth potential for its credit and political risk business in North America, and aligns with the company's growth plan to expand into specialized businesses.
WTW said GCC will also help diversify its span across industries and provide opportunities to introduce complementary products to clients.
As part of the acquisition, the London-based advisory will also acquire ProfitGuard, a specialized credit-risk-management service.
The companies did not disclose the financial terms of the deal.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
April 01, 2025 11:32 ET (15:32 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。