The Baldwin Group Merger with CAC Group to Create Publicly Traded Insurance Brokerage
January 2, 2026
The Baldwin Group entered into a definitive agreement to merge with CAC Group in a transaction valued at $1.026 billion upfront, with additional performance-based earnout and deferred payments. The combined company is expected to be among the largest majority-colleague-owned publicly traded insurance brokerage firms in the United States and is positioned to expand specialty advisory capabilities and distribution.
- Buyers
- The Baldwin Group
- Targets
- CAC Group, CAC Specialty, CAC Agency, CAC Capital
- Industry
- Professional Services
- Location
- Florida, United States
- Transaction Type
- Buyout
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