The Baldwin Group merges with CAC Group in a $1.03bn deal, announced in December 2025. CAC Group includes CAC Specialty, CAC Agency, and CAC Capital divisions. The merger is expected to increase Baldwin’s 2025 adjusted EPS by over 20%, with a focus on synergies and deleveraging through 2028. The integration will expand Baldwin’s Insurance Advisory Solutions segment with expertise in various industries and enhance capabilities in financial lines, cyber risk, and more. The combined entity aims to combine specialist knowledge with a middle-market distribution network, maintaining existing services and utilizing technology platforms. With around 5,000 employees, the merged business serves clients across different sectors in major US markets.

Read more at Yahoo Finance: Baldwin and CAC Group finalise $1.03bn merger deal