---
schema_version: "secwatch.filing_event.v1"
accession: "0001840776-22-000118"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:12:48.449623+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hagerty closes acquisition of remaining 60.26% of Broad Arrow Group, making it wholly owned

## Summary
- Closed on August 16, 2022; Broad Arrow becomes wholly-owned subsidiary of Hagerty's OpCo.
- Prior 39.74% stake was purchased for $15.25M in January 2022; now 100% owned.
- Parties plan to build Hagerty Marketplace digital platform for collector vehicle transactions.
- Contributors received equity interests in OpCo and Hagerty in exchange for Broad Arrow shares.
- Deal originally disclosed via Contribution Agreement dated August 9, 2022.

## SEC filing metadata
- accession: 0001840776-22-000118
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000184077622000118/0001840776-22-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000184077622000118/hgty-20220816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840776-22-000118
- JSON: https://secwatch.observer/filing/0001840776-22-000118.json
- Plain text: https://secwatch.observer/filing/0001840776-22-000118.txt

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