M&A
confidence high
sentiment neutral
materiality 0.70
BRP Group unit to acquire Construction Risk Partners for up to ~$238.5M
Baldwin Insurance Group, Inc.
- Upfront cash of ~$139.0M plus 936,013 BRP LLC units and corresponding Class B shares.
- Contingent earnout of up to ~$99.5M based on post-closing revenue performance.
- Transaction expected to close December 1, 2021, subject to conditions.
- Securities issued in private, unregistered offering under Section 4(a)(2).
- No underwriters; each recipient represented investment intent only.