$BWIN (BALDWIN INSURANCE GROUP) — 8-K: Baldwin Group to go private in $7.7 billion deal at $32.50 per share, an 88% premium

Baldwin shareholders will receive $32.50 per share in cash, an 88% premium to the unaffected closing price on June 17, 2026. The transaction implies a total enterprise value of approximately $7.7 billion, comprising an equity purchase price of approximately $4.6 billion and approximately $3.1 billion of net debt assumed or refinanced, or roughly 20x trailing-twelve-month Adjusted EBITDA of approximately $396 million. The deal is expected to close in Q1 2027, subject to shareholder and regulatory approvals, after which Baldwin shares will no longer be listed on Nasdaq.

Baldwin shareholders will receive $32.50 per share in cash, an 88% premium to the unaffected closing price on June 17, 2026. The transaction implies a total enterprise value of approximately $7.7 bill