Add-on Acquisition • Insurance

Winged Keel Acquires MBW Group

On July 7, 2025, Winged Keel acquired insurance company MBW Group

Acquisition Context
  • This is Winged Keel’s 5th transaction in the Insurance sector.
  • This is Winged Keel’s 5th transaction in the United States.
  • This is Winged Keel’s 1st transaction in Minnesota.

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M&A Deal Summary

Date July 7, 2025
Target MBW Group
Sector Insurance
Buyer(s) Winged Keel
Deal Type Add-on Acquisition

Target Company

MBW Group

Minneapolis, Minnesota, United States
MBW Group provides life insurance planning strategies and business succession solutions for ultra-affluent families and business owners. MBW Group was formed in 1975 and is based in Minneapolis, Minnesota.
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Buyer Overview 1

Buyer

Winged Keel

New York, New York, United States

Category Company
Founded 1989
Sector Insurance
DESCRIPTION

Winged Keel is an independent life insurance brokerage firm that specializes in the structuring and long-term administration of large life insurance portfolios for ultra-affluent families. It specializes in the structuring and administration of large blocks of Traditional Life Insurance and large portfolios of Private Placement Life Insurance and Annuities. Winged Keel was formed in 1989 and is based in New York City.


Deal Context for Buyer #
Overall 5 of 5
Sector: Insurance 5 of 5
Type: Add-on Acquisition 5 of 5
State: Minnesota 1 of 1
Country: United States 5 of 5
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-09 BryanMark Group

St. Louis, Missouri, United States

BryanMark Group is a provider of life insurance solutions to affluent and ultra-affluent clients. BryanMark Group was foundd in 2004 and is based in St. Louis, Missouri.

Buy -