Baldon Insurance Group Acquired by World Insurance Associates | Financial Services M&A Deal

World Insurance Associates has completed the acquisition of Baldon Insurance Group, a insurance brokerage business in New York, for $35.8 million. Baldon Insurance Group, founded in 2000 and based in Patchogue on Long Island, serves commercial insurance clients including hospitality operators, real estate investors, and construction businesses. World Insurance Associates acquisitions expand its independent property and casualty distribution footprint across New York through an add on acquisition strategy. The financial services M&A deal is an announced add on acquisition by a strategic buyer, with terms for the January 1, 2026 transaction not disclosed beyond the reported consideration.