---
schema_version: "secwatch.filing_event.v1"
accession: "0001781755-21-000037"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2021-07-01T23:59:59+00:00"
generated_at: "2026-06-30T08:08:08.383195+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BRP Group closes acquisition of RogersGray for ~$138M cash plus equity

## Summary
- Baldwin Krystyn Sherman Partners and Millennial Specialty Insurance acquired RogersGray assets.
- Upfront consideration: $138.1M cash, 7,447 BRP Class A shares, and 1,950,232 BRP LLC units.
- Additional contingent consideration up to ~$72.4M based on post-closing revenue targets.
- Acquisition closed July 1, 2021; securities subject to transfer restrictions.

## SEC filing metadata
- accession: 0001781755-21-000037
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2021-07-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000178175521000037/0001781755-21-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000178175521000037/brp-20210701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781755-21-000037
- JSON: https://secwatch.observer/filing/0001781755-21-000037.json
- Plain text: https://secwatch.observer/filing/0001781755-21-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.