The Financial Times reported on September 13 that Michael Dell’s family office is nearing a roughly $4.1 billion deal to take listed insurance broker Baldwin Insurance Group private. If completed, the deal would be the largest single investment the Dell family has made in financial services, and one of the largest take-private transactions in the U.S. insurance brokerage sector in 2026, reflecting sustained interest from large technology and industrial capital in insurance distribution and risk management services.

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