The Baldwin Group Completes Merger with CAC Group

The Baldwin Group Acquires Capstone Group

January 8, 2026

Financial Services

The Baldwin Group (NASDAQ: BWIN) has completed its acquisition of Capstone Group, a Philadelphia‑area multi-line independent insurance brokerage. The deal expands Baldwin's regional footprint in the Philadelphia market and gives Capstone access to Baldwin's broader resources and scalable infrastructure while preserving Capstone's high‑touch service model.

World Insurance Associates Acquires Corporate Benefits Alliance and Wealth Advisory Group

March 23, 2022

Insurance

World Insurance Associates LLC (WIA) acquired Corporate Benefits Alliance, Inc. (CBA) and Wealth Advisory Group, Inc. (WAG) of Berwyn, Pennsylvania, effective March 1, 2022. The acquisitions expand WIA’s employee benefits and wealth management capabilities; terms were not disclosed.

Baldwin Supply Company Acquires Construction & Aggregate Products, Inc.

December 29, 2025

Industrial Services

Baldwin Supply Company, a privately owned Midwest industrial distributor headquartered in Plymouth, Minnesota, has acquired Construction & Aggregate Products, Inc. (CAP), a distributor with locations in Des Moines, Iowa and Lenexa, Kansas. The acquisition expands Baldwin Supply's regional footprint and capabilities to better serve customers in aggregate, mining and construction markets.

Bowman Consulting Group Acquires CFA, Inc.

November 10, 2023

Engineering Services

Bowman Consulting Group Ltd. (NASDAQ: BWMN) has acquired CFA, Inc., a Reno, Nevada-based civil engineering, surveying, planning and remote sensing firm. The acquisition — financed with cash, seller notes and equity — brings roughly 30 CFA professionals into Bowman and strengthens Bowman's presence in Nevada, with an initial annualized net service billing run rate of about $5 million.

AssuredPartners Acquires Baldwin Insurance Agency & Welsh & Parker Insurance Agency

August 17, 2021

Insurance

AssuredPartners, Inc. announced the acquisition of Baldwin Insurance Agency, Inc. and Welsh & Parker Insurance Agency, Inc. (together "Baldwin | Welsh & Parker") of Wayland, Massachusetts. The 27-person agency team will remain led by President David D'Orlando and Vice President Steven Joyce as part of AssuredPartners' continued northeast expansion.

FINN Partners Acquires C. Blohm & Associates (CB&A)

November 1, 2023

Marketing & Advertising

FINN Partners has acquired C. Blohm & Associates, Inc. (CB&A), a 12-person Midwest PR and content marketing agency focused on B2B education and edtech. CB&A will operate as CB&A, A FINN Partners Company with founder Charlene Blohm and leader Emily Embury joining FINN's Midwest management team to deepen the firm's education and B2B tech capabilities and expand FINN's Midwest footprint.