Mason Wells Announces Strategic Growth Investment in Keystone Experts + Engineers to Support Long-Term Growth Strategies

Press Release
Milwaukee, WI, March 4 2024

For more information, contact: Chris Markgraf, Managing Director, 414-727-6407

Mason Wells announced that it closed a strategic growth investment in Keystone Experts + Engineers, LLC (“Keystone” or the “Company”) in partnership with Dan and Trisha Price and the existing Keystone management team. Keystone is a leading, national provider of forensic engineering and consulting services for insurance carriers, third-party administrators, law firms, and commercial clients. The Price family will remain significant investors in the Company.

Keystone’s national network of multi-disciplinary engineers, investigators, and consultants provides forensic and investigative consulting services to its expanding roster of national and regional clients. By strategically building and managing its nationwide resource network, the Company delivers expert analysis and evidence-based reports at industry-leading cycle times.

“With additional capital investment and strategic resources from Mason Wells, Keystone will continue to develop innovative service offerings, enhance its claims management technology platform, and expand its multi-disciplinary capabilities while meeting the evolving needs of its clients. With Mason Wells’ support, our team is excited to accelerate Keystone’s organic growth and pursue strategic acquisitions,” said CEO Dan Price.

“Keystone’s reputation is second to none in the property & casualty insurance claims management industry. Since 2015, the Company’s passion for introducing technology-based, innovative services has set a new performance benchmark for the sector,” said Chris Markgraf, Managing Director at Mason Wells. “By consistently exceeding the expectations of its clients, Keystone has demonstrated a commitment to operational excellence and superior client service. We are excited to be a part of this next chapter of growth for the business.”

For more information, please visit the Keystone website at Keystone Experts + Engineers is a four-time recipient of the prestigious Inc. 5000 award, which recognizes the fastest-growing private companies in the United States. If you have an opportunity that may be an acquisition candidate for Keystone, please contact Chris Markgraf at

About Mason Wells

Mason Wells is a Milwaukee-based private equity firm that has raised $2.4 billion in aggregate across five independent buyout funds. The firm is currently investing out of Mason Wells Buyout Fund V, a $767 million fund. Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors: Consumer Packaged Goods, Outsourced Business Services, Engineered Products & Services, and Packaging Materials & Converting. For more information related to Mason Wells, please visit the firm’s website at

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