Baldwin Insurance Group, Inc.

Baldwin Insurance Group, Inc. (BRP) priced its initial public offering on Oct 25, 2019 at $14.00 per share, within its $14.00–$16.00 range, raising $229.6M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $229.6M. J.P. Morgan was lead-left underwriter, joined by BofA Securities, Jefferies and Wells Fargo and others. Davis Polk advised the company and Skadden, Arps advised the underwriters.

Status

IPO

Ticker

BRP

Exchange

Nasdaq Global Select

Priced

Oct 25, 2019

IPO price

$14.00

Price range

$14.00–$16.00

Raised

$229.6M

Market cap at IPO price

$229.6M

First filed

Sep 23, 2019

Underwriters

J.P. Morgan, BofA Securities, Jefferies, Wells Fargo, Raymond James and Stifel

Company counsel

Davis Polk

Underwriters' counsel

Skadden, Arps

Sector

Financials

Country / state

FL

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.