The Baldwin Group announced it has completed its acquisition of Capstone Group, a Philadelphia-area, multi-line independent insurance brokerage, as Baldwin continues to build out its national brokerage and advisory platform.
Capstone, founded in 2013, provides risk management, group health and ancillary benefits, and property and casualty insurance solutions. Baldwin said Capstone has delivered double-digit organic growth since inception and serves clients across sectors, including healthcare, finance, construction, manufacturing, private equity, technology, and other parts of the region’s economy.
Baldwin said the combination is designed to preserve Capstone’s high-touch service model while giving the business access to Baldwin’s broader resources and scalable infrastructure. The company said the deal will strengthen Baldwin’s regional footprint and expand its ability to deliver comprehensive risk management and benefits solutions to a wider client base.
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“We are thrilled to welcome Capstone to The Baldwin Group.” “Capstone’s holistic approach to risk management and their commitment to client success mirrors our own.” “Together, we are poised to deliver even greater value to our clients while maintaining the extraordinary culture that Capstone has cultivated over the years.”
Dan Galbraith, President, The Baldwin Group and CEO, Retail Brokerage Operations
“Capstone was founded on the belief that clients deserve more than transactional insurance placement—they deserve strategic consultation and true partnership.” “With The Baldwin Group, our combined regional relationships, infrastructure and global resources will help accomplish our goal of delivering a sustainable, competitive advantage to our team and to our clients for years to come.”
Kevin Fox, Managing Partner, Capstone Group
