Baldwin Group Expands Portfolio with Capstone Group Acquisition in Philadelphia

Florida-based global insurance broker The Baldwin Group has successfully completed the acquisition of Capstone Group, a multi-line independent insurance brokerage firm located in Lower Gwynedd Township, Pennsylvania, near Philadelphia.

Founded in 2013, Capstone Group was established by a team of experienced professionals: Kevin M. Fox, managing partner; Daniel McGill, partner and senior vice president; and Joseph T. Fox, partner and senior vice president. The firm specializes in providing a range of services, including risk management, group insurance, and property/casualty insurance.

Kevin Fox, one of the founders of Capstone, emphasized the firm’s foundational belief: “Clients deserve more than transactional insurance placement—they deserve strategic consultation and true partnership.” This philosophy has guided Capstone’s operations and client relationships since its inception.

Dan Galbraith, president of The Baldwin Group, expressed enthusiasm about the acquisition, stating, “We both work to transcend what our clients expect from traditional insurance and benefits brokers, making them a natural fit for our firm.” This alignment in values and vision is expected to enhance the service offerings of both companies, ultimately benefiting their clients.

Topics
Mergers & Acquisitions

Florida-based global insurance broker The Baldwin Group has successfully completed the acquisition of Capstone Group, a multi-line independent insurance brokerage firm located in Lower Gwynedd Township, Pennsylvania, near Philadelphia.

Founded in 2013, Capstone Group was established by a team of experienced professionals: Kevin M. Fox, managing partner; Daniel McGill, partner and senior vice president; and Joseph T. Fox, partner and senior vice president. The firm specializes in providing a range of services, including risk management, group insurance, and property/casualty insurance.

Kevin Fox, one of the founders of Capstone, emphasized the firm’s foundational belief: “Clients deserve more than transactional insurance placement—they deserve strategic consultation and true partnership.” This philosophy has guided Capstone’s operations and client relationships since its inception.

Dan Galbraith, president of The Baldwin Group, expressed enthusiasm about the acquisition, stating, “We both work to transcend what our clients expect from traditional insurance and benefits brokers, making them a natural fit for our firm.” This alignment in values and vision is expected to enhance the service offerings of both companies, ultimately benefiting their clients.

Topics
Mergers & Acquisitions