secwatch.observer — SEC 8-K summary
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Issuer:     Baldwin Insurance Group, Inc. (BWIN)
CIK:        0001781755
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001781755-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRP Group Q1 revenue up 59% to $242.8M; organic growth 16%; acquires Westwood Insurance
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- GAAP net income $44.8M ($0.39 diluted EPS); Adjusted Net Income $57.5M ($0.50 per share).
- Adjusted EBITDA $72.9M (30% margin); MGA of Future organic revenue +42% to $24.4M.
- Post-quarter closed Westwood Insurance acquisition (trailing revenue ~$81.8M).
- Cash $156.8M, long-term debt $919.5M; revolver availability $70M after Westwood.
- All four segments reported double-digit organic growth; business performance accelerating into Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781755/000178175522000017/0001781755-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781755/000178175522000017/brp-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001781755-22-000017

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