secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2021-11-08T23:59:59+00:00
Accession:  0001781755-21-000068
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175521000068/0001781755-21-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175521000068/brp-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001781755-21-000068

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