Gtcr and recognize to acquire tranzact

Innovative leader in insurance distribution and marketing services to be run by existing management team, including current president andy nelson chicago , oct. 1, 2024 /prnewswire/ -- gtcr, a leading private equity firm, announced today that it has signed a definitive agreement to acquire tranzact, a leading direct-to-consumer insurance services company, in a corporate carve-out from wtw plc ("wtw", nasdaq: wtw), a leading global advisory, broking and solutions company. gtcr is investing in tranzact alongside recognize, a technology services investment platform.
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