Kestrel Group and Maiden Holdings Complete Combination to Form Kestrel Group Ltd
May 27, 2025
Kestrel Group LLC and Maiden Holdings, Ltd. completed their previously announced combination to form a new publicly listed specialty program platform, Kestrel Group Ltd, which began trading on the Nasdaq under ticker "KG." The combined entity will operate a capital-light, fee-based insurance platform that leverages exclusive fronting/management contracts with four A.M. Best A- carriers and retains an option to acquire those insurer subsidiaries from AmTrust Financial Group.
- Buyers
- Kestrel Group LLC
- Targets
- Maiden Holdings, Ltd.
- Industry
- Insurance
- Location
- Bermuda
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
IK Partners Makes Development Capital Investment in Kestrel Capital
May 29, 2025
Financial Services
IK Partners' IK Small Cap III fund has signed an agreement to invest in Dublin-headquartered wealth manager Kestrel Capital alongside the company's existing owners. The minority development-capital investment will support Kestrel's growth — expanding services, investing in operations and pursuing selective add-on acquisitions as the firm builds on its more than €1bn in assets under management.
-
Stratus Team Acquires Kestrel Engineering Group
February 10, 2026
Engineering Services
Stratus Team, LLC acquired Kestrel Engineering Group, an industrial process facilities engineering and design firm with six offices across the U.S. Northwest and Upper Midwest. The deal expands Stratus' geographic footprint into the Northwest and Upper Midwest while adding specialized industrial/process engineering capabilities to its multi-disciplinary platform.
-
GTCR Acquires Majority Stake in Winged Keel Group
January 13, 2025
Wealth Management
GTCR, a leading private equity firm, announced a strategic investment to become the majority stakeholder in Winged Keel Group, an independent life insurance brokerage serving high- and ultra-high-net-worth clients, family offices and institutions. The capital will support Winged Keel's continued geographic expansion, technology and product development, and pursuit of growth initiatives including potential add-on acquisitions.
-
Origami Capital Partners and Kestrel Partners Recapitalize UK Tech Portfolio
June 24, 2025
Software
Origami Capital Partners has formed a strategic partnership with London-based Kestrel Partners to recapitalize and invest in Kestrel's UK small-cap technology portfolio. Origami will provide hybrid, structured capital to support growth, liquidity and ownership transitions across the portfolio companies.
-
Trinity Hunt Partners Recapitalizes Keste
June 17, 2020
IT Services
Trinity Hunt Partners has acquired a majority stake in Keste, a Plano, Texas–based provider of B2B digital transformation and cloud services. The recapitalization will partner Trinity Hunt with Keste founders (who remain significant shareholders) to accelerate growth and scale the business through add-on acquisitions and expanded capabilities.
-
Arlington Capital Partners Acquires Merrill Technologies Group and Forms Keel Platform
January 29, 2024
Aerospace & Defense
Arlington Capital Partners has acquired Merrill Technologies Group and combined it with Pegasus Steel and Metal Trades to form Keel Holdings (Keel), a vertically integrated defense manufacturing platform. The transaction brings Merrill’s design, machining and fabrication capabilities into Keel to support Navy, Army and Air Force programs and accelerate deliveries for critical DoD programs.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.