secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2021-08-09T23:59:59+00:00
Accession:  0001781755-21-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRP Group Q2 revenue $119.7M (+133% YoY), organic growth 32%, adjusted EBITDA up 143%
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- Revenue $119.7M (+133% YoY); organic revenue growth 32%; MGA of the Future revenue $20M (+52%).
- GAAP net loss $20.1M ($0.22 loss per share); adjusted net income $13.3M ($0.14 per diluted share).
- Adjusted EBITDA $20.4M (+143% YoY) with margin 17% vs 16% prior year.
- Closed 3 Partner acquisitions in Q2 (~$4.6M revenue); post-Q2 closed 5 including RogersGray (~$63.9M revenue).
- Upsized term loan to $500M; revolver increased to $475M; cash $224.5M at June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175521000047/0001781755-21-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175521000047/brp-20210809.htm
  HTML page:      https://secwatch.observer/filing/0001781755-21-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer