M&A Deal Summary

Baldwin Group Acquires JGS Insurance

On September 13, 2021, Baldwin Group acquired insurance company JGS Insurance

Acquisition Highlights
  • This is Baldwin Group’s 13th transaction in the Insurance sector.
  • This is Baldwin Group’s 15th transaction in the United States.
  • This is Baldwin Group’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-09-13
Target JGS Insurance
Sector Insurance
Buyer(s) Baldwin Group
Deal Type Add-on Acquisition
Advisor(s) MarshBerry Capital, Inc. (Financial)

Target

JGS Insurance

Holmdel, New Jersey, United States
Jacobson, Goldfarb & Scott, Inc. is an independent insurance agency that offers business, personal and employee benefits services. Jacobson, Goldfarb & Scott, Inc. was founded in 1919 and is based in Holmdel, New Jersey.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Baldwin Group

Tampa, Florida, United States
Category Company
Founded 2011
Sector Insurance
Employees3,802
Revenue 1.2B USD (2023)
DESCRIPTION

Baldwin Group is an independent insurance distribution firm delivering tailored insurance and risk management insights and solutions that give our clients the peace of mind to pursue their purpose, passion, and dreams. Baldwin Group was incorporated in 2011 and is based in Tampa, Florida.

DEAL STATS #
Overall 15 of 21
Sector (Insurance) 13 of 19
Type (Add-on Acquisition) 15 of 20
State (New Jersey) 1 of 2
Country (United States) 15 of 21
Year (2021) 6 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-08 K&S Insurance

Rockwall, Texas, United States

K&S Insurance is an insurance agency providing full-service benefit and risk management solutions for a wide range of industries and clients. K&S Insurance is based in Rockwall, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-04 WGB

Tustin, California, United States

WGB is a full-service regional insurance brokerage, that provides a complete range of commercial insurance, employee benefits, and personal insurance products and services. WGB was founded in 1985 and is based in Tustin, California.

Buy -
Mergr

Product

Company

Legal