The Baldwin Group’s (BALD) indirect subsidiary, Westwood Insurance Agency LLC, has agreed to acquire Hippo Holdings, Inc.’s (HIPO) homebuilder distribution network.
This acquisition enables Westwood to offer an embedded insurance solution to 20 of the top 25 homebuilders nationwide, according to Jim Roche, President of The Baldwin Group and CEO.
The partnership is expected to have a neutral impact on Net Leverage and to be accretive to the 2026 pro forma adjusted Diluted EPS.
The transaction is planned to close on or around July 1, 2025.
