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M&A TRANSACTION · 2022

Westwood Insurance Agency acquired by BRP Group (The Baldwin Group)

$385.0M· 4.71x revenue

Target

Westwood Insurance Agency

West Hills, CA

Full-service personal lines agency specializing in builder-sourced homeowners insurance, acquired from QBE Holdings

Acquirer

BRP Group (The Baldwin Group)

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$81.8M

EBITDA

Deal Value

$385.0M

EV/EBITDA

Context

This $385.0M acquisition of Westwood Insurance Agency by BRP Group (The Baldwin Group) sits in the insurance agency sub-vertical. BRP Group (The Baldwin Group) is acquiring as a strategic buyer; see how strategic acquirers typically price insurance agency businesses on our Insurance Agency strategic buyer-pool page.

Source

Data sourced from Press Releaseprimary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2022). Westwood Insurance Agency acquired by BRP Group (The Baldwin Group). https://exitvalue.ai/deals/westwood-insurance-agency-acquired-by-brp-group-the-baldwin-group-insurance-ve