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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