TAMPA, Fla.–(BUSINESS WIRE)–The Baldwin group (“Baldwin” or the “Company”) (NASDAQ: BWIN), a leading autonomous insurance brokerage and advisory firm, today announced it has entered into a definitive agreement to merge with CAC Group (“CAC”), a nationally recognized specialty and middle-market insurance brokerage firm (#35 in Business Insurance’s 2025 rankings). This transformational combination is expected to create one of the largest independent insurance advisory and distribution platforms in the United States, with remarkable depth in industry specialization and product expertise. The transaction is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approvals.

The combination is expected to substantially expand the specialty capabilities of The Baldwin Group’s Insurance Advisory Solutions (IAS) segment by integrating CAC’s deep expertise in industries such as natural resources, private equity, real estate, senior living, education, and construction. Additionally,the combined company is expected to benefit from CAC’s strength in specialty product lines,including Financial Lines,Transactional Liability,Cyber,and Surety. These specialty capabilities are further strengthened by CAC’s industry-leading data and analytics platform.

The merger pairs CAC’s specialty expertise with Baldwin’s extensive middle market distribution platform,creating new pathways to bring advanced solutions to a broader client base. The combined platform expects to leverage Baldwin’s reinsurance and MGA operations and proprietary technology platforms. The merger also unites two colleague-centric cultures grounded in equity ownership and a shared commitment to attracting and developing the industry’s top talent.

With a footprint in all major markets across the United States, the combined association will comprise nearly 5,000 colleagues serving clients across retail, specialty, reinsurance, and MGA platforms.

“This is a transformational moment for The baldwin Group. this combination brings together two highly complementary firms, aligned in culture and values, yet distinct in expertise, business mix, and geographic footprint. By uniting CAC’s deep specialty capabilities with Baldwin’s scale and diversified platform, we create a stronger, more balanced organization that can deliver exceptional solutions for clients and unmatched opportunities for colleagues,” said Trevor Baldwin, CEO of The Baldwin Group.”CAC has built an enviable specialty firm, and we are looking forward to welcoming their exceptional team to The Baldwin Group.”

“Coming together with Baldwin gives us the scale and infrastructure to accelerate everything that makes CAC distinctive: our specialty expertise, entrepreneurial mindset, and relentless focus on client success. This merger positions us to deliver more for clients and create expanded opportunities for colleagues, while staying true to the values that have fueled our growth,” said Erin Lynch, CEO of CAC Group.

WEBCAST AND CONFERENCE CALL INFORMATION

CAC Group to Acquire The Baldwin Group: Expanding Capabilities in Federal IT

on December 2, 2024, CAC Group announced a definitive agreement to acquire The Baldwin group, a leading provider of digital change and IT modernization services to the U.S. Federal Government. This strategic acquisition aims to strengthen CAC Group’s position in the highly competitive federal IT market and expand its service offerings. The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions and regulatory approvals.

Understanding the Companies Involved

CAC Group

CAC Group is a technology solutions provider specializing in digital modernization, data analytics, and cybersecurity for the public sector.They focus on delivering innovative solutions to address complex challenges faced by government agencies. CAC Group has a strong track record of triumphant implementations and a commitment to client satisfaction. More information can be found on their website: www.cacgroup.com.

The Baldwin Group

The Baldwin group provides digital transformation, IT modernization, and management consulting services exclusively to the U.S. Federal Government. They are known for their expertise in agile software advancement, cloud computing, and data science. Their focus on innovation and customer-centric solutions has established them as a trusted partner for federal agencies.

The Acquisition: Key Details and Rationale

The acquisition will combine the strengths of both organizations, creating a more comprehensive and competitive service provider. Here’s a breakdown of the key aspects:

• Expanded Capabilities: The combined entity will offer a broader range of services, including enhanced digital transformation, cloud migration, cybersecurity, and data analytics capabilities.
• Increased Market reach: The acquisition will expand CAC Group’s reach within the federal IT market,allowing them to serve a wider range of agencies and programs.
• synergies and Efficiencies: Combining operations is expected to generate synergies and efficiencies, leading to improved profitability and value for clients.
• Financial Details: While specific financial terms were not disclosed, the acquisition is structured to provide important value to shareholders of both companies.

impact on the Federal IT Landscape

This acquisition is part of a broader trend of consolidation within the federal IT contracting space. Government agencies are increasingly seeking partners who can provide end-to-end solutions and navigate the complexities of modernizing legacy systems. The combined CAC Group and The Baldwin Group are well-positioned to meet these evolving needs.

What is Digital Transformation in the Federal Government?

digital transformation in the federal government refers to the integration of digital technology into all areas of a government agency, fundamentally changing how it operates and delivers services to citizens. this includes adopting cloud computing, leveraging data analytics, automating processes, and improving cybersecurity. The goal is to enhance efficiency, clarity, and citizen engagement.

Forward-Looking Statements and Non-GAAP Measures

Both CAC Group and The Baldwin Group have noted that forward-looking statements and non-GAAP financial measures are subject to inherent uncertainties. projections regarding future performance are arduous to predict accurately due to factors beyond their control. Investors are advised to review the full disclosures regarding these measures, as outlined in the press release.

Key Takeaways

• CAC Group is acquiring the Baldwin Group to strengthen its position in the federal IT market.
• The acquisition will expand service offerings and increase market reach.
• The combined entity is expected to generate synergies and efficiencies.
• This deal reflects a broader trend of consolidation in the federal IT contracting industry.

Publication Date: 2025/12/03 01:16:12