== Baldwin Insurance Group (BWIN) to be taken private by Sequence Holdings, Dell Family Office for $32.50 per share in cash

•  The deal is co-led by Dell's DFO Management and Sequence Holdings. Sequence is a venture capital-backed technology group that embeds engineering teams inside service businesses to modernize their operations. 
• The price of  $32.50 per share represents a nearly 90 percent premium to Baldwin's June valuation, when reports emerged that the company was exploring a sale. 

Dell (DELL) chief Michael Dell's DFO Management, along with Sequence Holdings, will take Baldwin ​Group (BWIN) private in a $7.7 billion deal, the companies said on Monday, ‌providing the insurance broker greater flexibility to pursue AI investments.

The deal reflects a growing shift to private ownership to finance costly AI upgrades. Operating outside public markets can allow ​managements to focus on long-term investments without the pressure of quarterly ​earnings cycle or share-price swings that often accompany short-term margin compression ⁠during major technological overhauls.

The deal — led by DFO Management, the investment vehicle for Dell Technologies' founder and CEO — will provide Baldwin ​with patient capital, ​bypassing the rigid ⁠investment timelines and forced exits typical of traditional private-equity firms.