The shares are listed on the Nasdaq Global Select Market

Davis Polk advised the representatives of the several underwriters in connection with the $187 million initial public offering of 11,000,000 shares of Class A common stock of TWFG, Inc. The underwriters have a 30-day option to purchase up to an additional 1,650,000 shares. The common stock is listed on the Nasdaq Global Select Market under the ticker symbol “TWFG.”

Founded by Richard F. (Gordy) Bunch III in 2001, TWFG is a leading independent distribution platform for personal and commercial insurance in the United States. TWFG offers all lines of insurance, multiple distribution contract options, M&A services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate.

The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo and associates Sarah Greene and Ryan Mainous. The tax team included partner Michael Mollerus and associates Yueyu Yang and Bryce Maxey. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.