The Baldwin Insurance Group, Inc. has filed an 8-K report to provide audited financial statements and updated pro forma information regarding the acquisition of Cobbs Allen Capital Holdings, LLC. The acquisition was completed on January 1, 2026, pursuant to a previously announced Transaction Agreement.
The filing includes the audited consolidated financial statements of Cobbs Allen Capital Holdings, LLC for the years ended December 31, 2025 and 2024. These statements, issued by PricewaterhouseCoopers LLP on April 14, 2026, present the financial position and results of operations for the acquired business.
According to the audited statements, Cobbs Allen Capital Holdings reported total assets of $373.6 million as of December 31, 2025, compared to $422.5 million at the end of 2024. The company recorded total revenues of $299.2 million for 2025 and $282.0 million for 2024. However, the company reported a net loss of $475.0 million for 2025 and $112.2 million for 2024.
The filing also includes unaudited pro forma condensed combined financial information for The Baldwin Insurance Group, Inc. as of and for the year ended December 31, 2025. This information combines the Company’s financial statements with those of Cobbs Allen Capital Holdings, LLC.
Exhibits attached to the report include the audited financial statements and the pro forma financial information, along with a consent from PricewaterhouseCoopers LLP.
