Item 2.01. Completion of Acquisition or Disposition of Assets.

On November 30, 2020, Baldwin Krystyn Sherman Partners, LLC ("BKS"), an indirect subsidiary of BRP Group, acquired all of the outstanding equity interests of Insgroup, LLC (which converted prior to closing to a limited liability company from a corporation with the name Insgroup, Inc., "Insgroup"), pursuant to a purchase agreement (the "Insgroup Purchase Agreement"). At the closing of the Partnership, BRP Group's nomenclature for a strategic acquisition, BKS paid $100.4 million in cash, as well as 87,093 shares of BRP Group's Class A common stock and 3,857,622 LLC units of BRP Group's subsidiary, Baldwin Risk Partners, LLC ("BRP LLC") (and the corresponding 3,857,622 shares of BRP Group's Class B common stock issued pursuant to the terms of BRP LLC's Third Amended and Restated Limited Liability Company Agreement, as amended). Under the terms of the Insgroup Purchase Agreement, the sellers of Insgroup will also have the opportunity to receive additional contingent consideration of up to $66.1 million based upon the achievement of certain post-closing revenue-focused performance measures, which contingent consideration is payable in cash, shares of BRP Group's Class A common stock or a combination of both at BKS' sole option. The securities issued as part of the consideration payable under the Insgroup Purchase Agreement are subject to contractual transfer restrictions for a period of time. Item 8.01. Other Events.

On December 1, 2020, BRP Group, Inc. ("BRP Group") acquired all of the outstanding equity interests of Armfield, Harrison & Thomas, Inc. (which was converted after closing to a limited liability company with the name Armfield, Harrison & Thomas, LLC, "AHT") pursuant to a purchase agreement (the "AHT Purchase Agreement"). At the closing of the Partnership, BRP Group paid $190.3 million in cash, as well as 784,222 shares of BRP Group's Class A common stock. Under the terms of the AHT Purchase Agreement, certain sellers and employees of AHT will also have the opportunity to receive additional contingent consideration of up to $107.0 million based upon the achievement of certain post-closing revenue-focused performance measures, which contingent consideration is payable in cash, shares of BRP Group's Class A common stock or a combination of both at BRP Group's sole option. The securities issued as part of the consideration payable under the AHT Purchase Agreement are subject to contractual transfer restrictions for a period of time. Item 9.01. Financial Statements and Exhibits.

The financial statements that are required to be filed under Item 9.01(a) and the pro forma financial information that is required to be filed under Item 9.01(b) will be filed by an amendment to this Current Report on Form 8-K within 71 calendar days of the date on which this Current Report on Form 8-K is required to be filed.



(d) Exhibits
Exhibit No.              Description
       104               Cover Page Interactive Data File (embedded within the inline XBRL document)

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