Mergers & Acquisitions ·
On September 14, 2026, Baldwin Insurance Group entered into a definitive Agreement and Plan of Merger to be acquired…
BWINBaldwin Insurance Group, Inc.
On September 14, 2026, Baldwin Insurance Group entered into a definitive Agreement and Plan of Merger to be acquired by Square Acquisition Parent, Inc., an entity formed by Sequence Holdings and DFO Management (the Dell family office). The all-cash transaction values the company at approximately $7.7 billion in enterprise value, implying an equity purchase price of roughly $4.6 billion. Each outstanding share of Class A common stock will be converted into the right to receive $32.50 in cash, representing an 88% premium to the unaffected closing price on June 17, 2026. Class B shares will be canceled for no consideration. The deal requires shareholder approval and regulatory clearances, including Hart-Scott-Rodino, with a target close date in Q1 2027. Upon completion, Baldwin will delist from Nasdaq and become a privately held subsidiary. The company operates as an independent insurance distribution firm providing risk management, insurance, and employee benefits solutions.