August 19, 2021
Weil advised ABD Insurance and Financial Services, Inc., a recognized innovator in employee benefits, insurance and financial services, in its $1.35 billion merger with Newfront Insurance, Inc., the cutting-edge technology-enabled brokerage. The combined company is operating under the name Newfront. The transaction closed August 19, 2021.
The Weil team that advised ABD Insurance and Financial Services, Inc. was led by Kyle Krpata and included Private Equity counsel Nicholas Doloresco and Private Equity associates Joseph Shui and Hilary Wilkerson. The team also included Tax partners Helyn Goldstein and Chayim Neubort; Tax associate Nathan Gusdorf; Executive Compensation & Benefits partner Jennifer Britz; Executive Compensation & Benefits associate Akansha Mishra; Technology & IP Transactions partner Charan Sandhu; Technology & IP Transactions associates Catherine Kim and Alex Theuer (Not Yet Admitted in New York); Antitrust partner Vadim Brusser; Antitrust associate Dan Nobil; and Employment Litigation associate Justin DiGennaro.