Michael Dale's family office and Sequence Holdings acquired Baldwin Insurance Group Inc. in a $7.7 billion all-cash deal. DFO Management and Sequence will form an entity to hold majority shares in Baldwin, and some Baldwin employees will retain minority shares. The deal provides Baldwin investors with a premium of $32.50 per share in cash and is expected to close in the first quarter of 2027.

Michael Dale's family office and Sequence Holdings acquired Baldwin Insurance Group Inc. in a $7.7 billion all-cash deal. DFO Management and Sequence will form an entity to hold majority shares in Baldwin, and some Baldwin employees will retain minority shares. The deal provides Baldwin investors with a premium of $32.50 per share in cash and is expected to close in the first quarter of 2027.