Mergers & AcquisitionsMedium•4 November 2026•
1 min read
Morgan Stanley Leads $2.3B Financing for Baldwin Insurance Buyout
Key Facts
1Morgan Stanley is leading a $2.3 billion loan raise to finance the acquisition of Baldwin Insurance Group.
2The financing package includes a $2 billion term loan, a $300 million delayed-draw term loan, and $750 million in privately placed second-lien debt.
3The buyout is led by Michael Dell’s family office and Sequence Holdings, valuing Baldwin at approximately $7.7 billion.
Morgan Stanley is leading a $2.3 billion loan raise to finance the acquisition of Baldwin Insurance Group. Billionaires.Africa reported that the financing package includes a $2 billion term loan and a $300 million delayed-draw term loan, alongside $750 million in privately placed second-lien debt.
The buyout is led by Michael Dell’s family office and Sequence Holdings, valuing Baldwin Insurance at approximately $7.7 billion. Morgan Stanley shares closed at $186.09 on November 3, 2026, while peer institutions Goldman Sachs and JPMorgan Chase closed at $896.09 and $337.98 respectively on the same date.