---
schema_version: "secwatch.filing_event.v1"
accession: "0001781755-22-000012"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2022-04-29T23:59:59+00:00"
generated_at: "2026-06-26T02:45:07.027610+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BRP Group closes acquisition of Westwood Insurance Agency; borrows $380M to fund deal

## Summary
- Acquired all outstanding equity of Westwood Insurance Agency on April 29, 2022; financial terms not disclosed.
- Borrowed $380M under revolving credit facility to fund acquisition and for general working capital.
- Total debt outstanding under credit facility now $530M; remaining availability $70M; facility matures 2027.
- Acquisition is part of BRP's ongoing Partnership (M&A) strategy in insurance distribution.

## SEC filing metadata
- accession: 0001781755-22-000012
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2022-04-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000178175522000012/0001781755-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000178175522000012/brp-20220428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001781755-22-000012
- JSON: https://secwatch.observer/filing/0001781755-22-000012.json
- Plain text: https://secwatch.observer/filing/0001781755-22-000012.txt

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