secwatch / observer
8-K filed December 2, 2025, 6:59 PM ET ticker BWIN CIK 0001781755
M&A confidence high sentiment positive materiality 1.00

Baldwin Group to merge with CAC Group for $1.026B upfront; EPS accretion over 20%

Baldwin Insurance Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Baldwin Insurance Group, Inc. issued up to an aggregate of approximately $40 million of Class A Common Stock of common stock to parties to other Acquisition Agreements for $40 million aggregate value.

Security
common stock
Shares
up to an aggregate of approximately $40 million of Class A Common Stock
Purchaser
parties to other Acquisition Agreements
Consideration
$40 million aggregate value
Exact text from the filing
the Company may issue up to an aggregate of approximately $40 million of Class A Common Stock pursuant to the terms of the Acquisition Agreements
View on SEC.gov
Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Baldwin Insurance Group, Inc. issued 23,200,000 shares of the Company's Class A Common Stock of common stock to Seller (Cobbs Allen Capital Holdings, LLC) and its direct owners who qualify as accredited investors for part of Aggregate Consideration for acquisition.

Security
common stock
Shares
23,200,000 shares of the Company's Class A Common Stock
Purchaser
Seller (Cobbs Allen Capital Holdings, LLC) and its direct owners who qualify as accredited investors
Consideration
part of Aggregate Consideration for acquisition
Exact text from the filing
23,200,000 shares of the Company’s Class A Common Stock (the “Equity Consideration”), which shall be issued only to Seller or its direct owners (“Owners”) who qualify as accredited investors
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Baldwin Insurance Group, Inc. entered into Transaction Agreement with Cobbs Allen Capital Holdings, LLC valued at $438.0 million (effective 2025-12-02).

Action
entry
Agreement
merger
Counterparty
Cobbs Allen Capital Holdings, LLC
Value
$438.0 million
Effective
2025-12-02
Exact text from the filing
On December 2, 2025 (the “Signing Date”), The Baldwin Insurance Group, Inc., a Delaware corporation (the “Company”), Red Rock Merger Sub I, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Merger Sub I”), Red Rock Merger Sub II, LLC, a Delaware limited liability company and wholly owned subsidiary of the Company (“Merger Sub II”), Cobbs Allen Capital Holdings, LLC, a Delaware limited liability company (the “Seller”), CAH Holdings, Inc., a Delaware corporation (“CAH Holdings”) and Grantland Rice IV and Johnathan Daniel, solely in their capacity as the representatives for the members of the Seller (the “Seller Representatives”) entered into a Transaction Agreement (the “Transaction Agreement”) pursuant to which, subject to the terms and conditions of the Transaction Agreement, Seller has agreed to sell, and the Company has agreed to purchase, the business of Seller in exchange for the Aggregate Consideration (as defined below).
View on SEC.gov

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Baldwin Insurance Group, Inc. filing history →

Source: SEC EDGAR
accession 0001781755-25-000114
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