Antarctica Capital Affiliate Acquires Midwest Holding Inc.

December 21, 2023

An affiliate of Antarctica Capital has completed the acquisition of Midwest Holding Inc. (NASDAQ: MDWT), a technology-driven life and annuity platform headquartered in Lincoln, Nebraska. Midwest shareholders received $27.00 per share in cash, Midwest was delisted from Nasdaq, and Antarctica says Midwest will become a key component of its retirement services business while retaining current leadership and operations.

Targets
Midwest Holding Inc.
Sellers
Midwest Holding Inc. shareholders
Location
Nebraska, United States
Transaction Type
Buyout

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