LLC and Monomoy Insurance Group, LLC (collectively, RogersGray), pursuant to a purchase agreement, for consideration consisting of approximately $138.1 million in cash (which was
reduced by the value of shares of our Class A common stock granted to RogersGrays Colleagues in connection with the Partnership), 7,447 shares of Class A common stock, 1,950,232 units of Baldwin Risk Partners, LLC (and the
corresponding 1,950,232 shares of Class B common stock) and the opportunity to receive additional contingent consideration of up to $72.4 million, payable in cash, shares of Class A common stock, or a combination of both at our sole
option, based upon the achievement of certain post-closing revenue-focused performance measures. At the time of acquisition, the RogersGray Partnership represented $38.8 million of Acquired Revenue.
Acquisition of EBSME
On July 30, 2021, Armfield,
Harrison & Thomas, LLC, our indirect subsidiary, acquired substantially all of the assets of EBSME, LLC (EBSME), pursuant to a purchase agreement, for consideration consisting of approximately $3.0 million in cash (which
was reduced by the value of any shares of our Class A common stock granted to EBSMEs Colleagues in connection with the Partnership), 28,861 shares of Class A common stock and the opportunity to receive additional contingent
consideration of up to $7.4 million, payable in cash, shares of Class A common stock, or a combination of both at our sole option, based upon the achievement of certain post-closing revenue-focused performance measures. At the time of
acquisition, the EBSME Partnership represented $1.2 million of Acquired Revenue.
Acquisition of TCG
On August 2, 2021, Armfield, Harrison & Thomas, LLC and BRP Financial Services Holdings, LLC, each our indirect subsidiary, acquired
substantially all of the assets of The Capital Group, LLC, The Capital Group Association Consultants, LLC, US Underwriters, LLC, and TCG Financial Management Company, LLC, and the membership interests of The Capital Group Investment Advisory
Services, LLC (collectively, TCG), pursuant to a purchase agreement, for consideration consisting of approximately $40.4 million in cash (which was reduced by the value of any shares of our Class A common stock granted to
TCGs Colleagues in connection with the Partnership), 653,324 units of Baldwin Risk Partners, LLC (and the corresponding 653,324 shares of Class B common stock) and the opportunity to receive additional contingent consideration of up to
$30 million, payable in cash, shares of Class A common stock, or a combination of both at our sole option, based upon the achievement of certain post-closing revenue-focused performance measures. At the time of acquisition, the TCG
Partnership represented $12.1 million of Acquired Revenue.
Acquisition of FounderShield
On August 2, 2021, Millennial Specialty Insurance, LLC, our indirect subsidiary, acquired substantially all of the assets of FounderShield LLC, AlphaRoot
LLC, ReShield LLC, and Scale Underwriting Services LLC (collectively, FounderShield), pursuant to a purchase agreement, for consideration consisting of approximately $26.7 million in cash (which was reduced by the value of any
shares of our Class A common stock granted to FounderShields Colleagues in connection with the Partnership), 304,628 shares of Class A common stock, 364,174 units of Baldwin Risk Partners, LLC (and the corresponding 364,174 shares of
Class B common stock) and the opportunity to receive additional contingent consideration of up to $77.6 million, payable in cash, shares of Class A common stock, or a combination of both at our sole option, based upon the achievement
of certain post-closing revenue-focused performance measures. At the time of acquisition, the FounderShield Partnership represented $9.8 million of Acquired Revenue.
Acquisition of River Oak
On August 4, 2021, BRP
Captive Management, LLC, our indirect subsidiary, acquired substantially all of the assets of River Oak Risk, LLC and River Oak Risk Holdings, LLC (collectively, River Oak), pursuant to a