Elba’s National Security Group acquired for $41 million

The National Security Group, based in Elba, and VR Insurance Holdings, a new Delaware company, have agreed to a merger, with VR Holdings acquiring the Elba company.

The National Security Group, based in Elba, and VR Insurance Holdings, a new Delaware company, have agreed to a merger, with VR Holdings acquiring the Elba company. The total transaction value is $41.4 million, according to a news release. VR Holdings was founded by Vivek Ranadivé, founder and managing director of Bow Capital Management LLC…

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