M&A
confidence high
sentiment neutral
materiality 0.95
Baldwin Insurance to be acquired for $32.50/share in cash by Sequence AI Holdings (DFO-backed)
Baldwin Insurance Group, Inc.
- Cash consideration of $32.50 per Class A share; Class B shares canceled without payment.
- Buyer: Square Acquisition Parent (owned by Sequence AI Holdings); equity financing from DFO (Michael Dell's family office).
- No financing condition; debt commitment from lenders also secured.
- Termination fees: $170.3M company fee, $276.2M parent fee.
- Expected to close by June 14, 2027 (extendable to Sept 14, 2027); subject to shareholder vote and HSR/regulatory approvals.