M&A Deal Summary

Baldwin Group Acquires WGB

On November 4, 2021, Baldwin Group acquired insurance company WGB

Acquisition Highlights
  • This is Baldwin Group’s 14th transaction in the Insurance sector.
  • This is Baldwin Group’s 16th transaction in the United States.
  • This is Baldwin Group’s 1st transaction in California.

M&A Deal Summary
Date 2021-11-04
Target WGB
Sector Insurance
Buyer(s) Baldwin Group
Deal Type Add-on Acquisition
Advisor(s) MarshBerry Capital, Inc. (Financial)

Target

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.

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 16 of 21
Sector (Insurance) 14 of 19
Type (Add-on Acquisition) 16 of 20
State (California) 1 of 2
Country (United States) 16 of 21
Year (2021) 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Construction Risk Partners

Branchburg, New Jersey, United States

Construction Risk Partners is a specialty construction brokerage firm focused on providing risk mitigation expertise and services to business owners, developers, general contractors, designers, and subcontractors across the country. Construction Risk Partners offer insurance, surety, bonding, default insurance as well as Wrap-Up services. Construction Risk Partners is headquartered in Branchburg, New Jersey.

Buy -
Mergr

Product

Company

Legal