VR Insurance Holdings Acquires The National Security Group
June 30, 2022
VR Insurance Holdings, Inc. (founded by Vivek Ranadivé and backed by family offices and strategic investors) completed its previously announced merger to acquire The National Security Group, Inc. (NSG) for $16.35 per share in cash. Following the deal’s completion, VR Insurance Holdings will leverage NSG’s property and casualty and life insurance operations and subsidiaries.
- Buyers
- VR Insurance Holdings, Inc.
- Targets
- The National Security Group, Inc.
- Industry
- Insurance
- Location
- Alabama, United States
- Transaction Type
- Buyout
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