Dell's Family Office Near $7.7 Billion Take-Private Deal for Baldwin Insurance
Michael Dell’s family office, DFO Management, is close to finalizing a $7.7 billion take-private deal for The Baldwin Insurance Group at $32.50 per share, according to Reuters citing the Financial Times. This price represents a roughly 10% premium over Baldwin's closing stock price of $29.65 on Friday. DFO is working with Sequence Holdings in advanced talks with Baldwin ahead of an expected announcement as soon as Monday. Baldwin Insurance Group, based in Tampa and valued at around $4.14 billion market cap, provides risk management, insurance advisory services, and tech-driven underwriting solutions for businesses and individuals. The company reported a 30% year-over-year revenue increase to $492.9 million in Q2 2026. Sequence Holdings focuses on acquiring mature service-sector companies and modernizing them with proprietary software. None of the involved firms have commented publicly yet.
Tickers: $BWIN
Topics: Insurance Industry Mergers & Acquisitions Private Equity Deals