Attached files
| file | filename |
|---|---|
| EX-99.3 - EXHIBIT 99.3 - BRP Group, Inc. | ex993proformafinancialstat.htm |
| EX-99.2 - EXHIBIT 99.2 - BRP Group, Inc. | ex992highlandfy2019afs.htm |
| EX-99.1 - EXHIBIT 99.1 - BRP Group, Inc. | ex991lanierfy2019afs.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________
FORM 8-K/A
(Amendment No. 1)
______________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 2, 2020
______________________________
BRP Group, Inc.
(Exact name of registrant as specified in its charter)
______________________________
Delaware | 001-39095 | 61-1937225 | ||||
(State or other jurisdiction of | (Commission | (I.R.S. Employer | ||||
incorporation or organization) | File No.) | Identification No.) | ||||
4010 W. Boy Scout Blvd Suite 200 | ||||||
Tampa, Florida | 33607 | |||||
(Address of principal executive offices) | (Zip Code) | |||||
(Registrant's telephone number, including area code): (866) 279-0698 | ||||||
Not Applicable | ||||||
(Former Name, former address and former fiscal year, if changed since last report) | ||||||
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | ||
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
¨ | Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Class A Common Stock, par value $0.01 per share | BRP | The Nasdaq Global Select Market | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company | x | |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. c
Introductory Note
On December 17, 2019, BRP Group, Inc. (“BRP Group”) filed a Current Report on Form 8-K reporting that its subsidiary, Baldwin Krystyn Sherman Partners, LLC (“BKS”), entered into an Asset Purchase Agreement (the “Lanier Purchase Agreement”) to acquire substantially all of the assets of Lanier Upshaw, Inc. (“Lanier”).
On December 17, 2019, BRP Group also filed a Current Report on Form 8-K reporting that its subsidiary, BRP Insurance Intermediary Holdings, LLC (“BRP Intermediary”), entered into an Asset Purchase Agreement (the “Highland Purchase Agreement” and together with the Lanier Purchase Agreement, the “Purchase Agreements”) to acquire substantially all of the assets of Highland Risk Services LLC (“Highland”).
On January 2, 2020, BRP Group filed a Current Report on Form 8-K (the “Original Form 8-K”) reporting that BKS and BRP Intermediary (through its subsidiary BRP Specialty Wholesale, LLC) (collectively, the “BRP Purchasers”) completed the acquisition of substantially all of the assets of Lanier and Highland (collectively, the “Partnerships”), respectively, with each acquisition being effective as of January 1, 2020.
As permitted under Item 9.01 of Form 8-K, BRP Group indicated in the Original Form 8-K that it would file the financial statements required to be filed under Item 9.01(a) and pro forma financial information required to be filed under Item 9.01(b) by an amendment on Form 8-K within 71 calendar days after the date on which the Original Form 8-K was required to be filed. This Amendment No. 1 on Form 8-K/A amends the Original Form 8-K to include the required financial statements and pro forma financial information.
Item 9.01 Financial Statements and Exhibits.
(a) Financial statements of businesses acquired.
The following financial statements of Lanier and Highland are being filed as exhibits hereto and are incorporated by reference herein:
Exhibit 99.1 — Lanier Upshaw, Inc.audited financial statements, including the independent auditor’s report as of and for the years ended December 31, 2019 and 2018.
Exhibit 99.2 — Highland Risk Services LLC audited financial statements, including the independent auditor’s report as of and for the years ended December 31, 2019 and 2018.
(b) Pro forma financial information.
The following pro forma financial information is being filed as an exhibit hereto and is incorporated by reference herein:
Exhibit 99.3 — Unaudited pro forma condensed combined financial statements and explanatory notes for BRP Group, Inc. as of September 30, 2019, for the nine months ended September 30, 2019 and for the year ended December 31, 2018.
(d) Exhibits
Exhibit No. | Description | ||
99.1 | |||
99.2 | |||
99.3 | |||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BRP GROUP, INC. | |||
Date: March 17, 2020 | By: | /s/ Kristopher A. Wiebeck | |
Name: | Kristopher A. Wiebeck | ||
Title: | Chief Financial Officer | ||