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Baldwin Krystyn Sherman buys Houston insurer

Tampa, Fla.-based insurance brokerage Baldwin Krystyn Sherman Partners LLC has completed the purchase of Houston-based Cadence Insurance.

Terms of the acquisition were not disclosed.

Cadence offers commercial insurance, employee benefits and private risk management services.

Following the merger's closing, Cadence took on the BKS-Partners name. Reed Moraw will lead the Southeast region for the company.