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Agreement signedPublished 14 Sep 2026

Sequence Holdings and DFO Management (Michael Dell's family office) /
The Baldwin Group

Sequence Holdings and DFO Management (Michael Dell's family office) agreed a deal for The Baldwin Group.

Valuation
approximately $7.7 billion
Stage
Agreement signed 14 Sep 2026
Source · 14 Sep 2026
See the source
Follow Sequence Holdings Follow DFO Management
01 / BuyerSequence Holdings and DFO Management (Michael Dell's family office)
02 / TargetThe Baldwin Group
01

What happened

The Baldwin Group agreed to a majority investment by an entity to be formed by Sequence Holdings and DFO Management (Dell Family Office) in an all-cash transaction valued at approximately $7.7 billion, or $32.50 per share, Baldwin said September 14, 2026.

Closing expected in Q1 2027, subject to shareholder and regulatory approvals. CEO Trevor Baldwin is quoted on the announcement.

02

Who is involved, and the source

Advisers

Buy side

Advisers are not parties to the deal.

Estimate

$7.7bn Valuation

01
Source

Sequence Holdings and DFO Management (Michael Dell's family office) agreed a deal for The Baldwin Group.

Original filingUnlock with Pro
03

Timeline

Dates marked ahead haven’t happened yet.

  1. Announced

  2. Announced

  3. Published by the source

  4. Expected close

04

Deal Web

Every firm and person on this deal, and how they connect. Open any name to see their other deals.

Deal Web · 3 firms · 1 personHover a name to see how it connects
This dealSequence Holdings and DFO Management (Michael Dell's family office) / The Baldwin GroupAgreement signed · Published 14 Sep 2026
BuyerSequence HoldingsBuyerDFO ManagementTargetThe Baldwin GroupCEO, The Baldwin GroupTrevor Baldwin
This dealSequence Holdings and DFO Management (Michael Dell's family office) / The Baldwin Group

Agreement signed · Sequence Holdings and DFO Management (Michael Dell's family office) / The Baldwin Group: majority stake (Agreement signed 14 Sep 2026).

Announced 14 Sep 2026
Timeline
  1. Announced
  2. Announced
  3. Published by the source
  4. Expected close
Hover or tap a name to see how it connects, and when
Deal Web as a list
  • Sequence Holdings (Buyer) majority stake this deal. Sequence Holdings: 1 deal on Carrywatch.
  • DFO Management (Buyer) majority stake this deal. DFO Management: 1 deal on Carrywatch.
  • The Baldwin Group (Target) target this deal. The Baldwin Group: 1 deal on Carrywatch.
  • Trevor Baldwin (CEO, The Baldwin Group) named in post this deal. Trevor Baldwin: named in 1 post on Carrywatch.
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Trevor Baldwin

CEO, The Baldwin Group