---
schema_version: "secwatch.filing_event.v1"
accession: "0001781755-21-000068"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:40:42.090019+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BRP Group to acquire WGB assets for $114M cash, stock; close Dec 1, 2021

## Summary
- Upfront consideration: ~$114M cash, 201,189 shares of Class A common stock, and 696,897 BRP LLC units exchangeable for Class A shares.
- Additional holdback of $9.8M cash and 21,824 shares for assets not transferable at close.
- Contingent consideration up to ~$49.6M based on post-closing revenue performance targets.
- Transaction expected to close December 1, 2021, subject to conditions; securities issued in private placement exempt under Section 4(a)(2).

## SEC filing metadata
- accession: 0001781755-21-000068
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000178175521000068/0001781755-21-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000178175521000068/brp-20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781755-21-000068
- JSON: https://secwatch.observer/filing/0001781755-21-000068.json
- Plain text: https://secwatch.observer/filing/0001781755-21-000068.txt

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