Announced
Completed
Financials
Tags
annuity products
Friendly
Diversified Financials
United States
Majority
Domestic
Public
financial services
Acquisition
Private Equity
Single Bidder
Completed
Synopsis
Antarctica Capital, an international investment firm, completed the acquisition of Midwest, a technology-driven life and annuity platform, for $100m. "Today marks the beginning of a new chapter for Midwest, and we are excited to work with the Antarctica team to fully capitalize on our market opportunity and drive future growth. This transaction was made possible by the outstanding contributions of our employees and partners, and we look forward to collaborating with Antarctica to grow and create further value for policyholders," Georgette Nicholas, Midwest CEO.
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