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…
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.