---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-22-000106"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2022-08-10T23:59:59+00:00"
generated_at: "2026-06-24T01:34:19.139262+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hagerty to acquire remaining 60% of Broad Arrow Group for $64.8M in all-stock deal

## Summary
- Hagerty to acquire remaining 60.26% stake in Broad Arrow Group for ~$64.8 million in all-stock transaction expected to close by Aug 16, 2022.
- Earlier in Jan 2022, Hagerty acquired 39.74% of Broad Arrow for $15.25M; transaction makes Broad Arrow wholly-owned subsidiary.
- Kenneth Ahn will continue as President of Hagerty Marketplace; Broad Arrow founders and team join Hagerty.
- Deal valued using $2.8013 per Broad Arrow share divided by 20-day VWAP of Hagerty stock; registration rights granted.

## SEC filing metadata
- accession: 0001840776-22-000106
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2022-08-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077622000106/0001840776-22-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077622000106/hgty-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-22-000106
- JSON: https://secwatch.observer/filing/0001840776-22-000106.json
- Plain text: https://secwatch.observer/filing/0001840776-22-000106.txt

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