Tuesday, May 5, 2015

Southport Lane Acquires Dallas National Insurance Co.

Southport Lane, a New York-based private equity firm, completed its previously announced acquisition of Dallas National Insurance Co., a Texas-based property and casualty insurer specializing in general liability and workers’ compensation.
Under the terms of the transaction, Southport Lane will make a $50 million investment in Dallas National, raising its capital and surplus to $107.5 million, and will acquire 100 percent voting control through an investment subsidiary.
The acquisition has been approved by both the Texas Department of Insurance and the Delaware Department of Insurance. The company’s core operations will remain in Texas.
Southport Lane was advised by Sutherland Asbill & Brennan LLP. The seller was represented by Gardere Wynne Sewell LLP.
Terms of the deal were not disclosed.
Source: Southport Lane

1 comments:

  1. In this manner my partner Wesley Virgin's story begins with this shocking and controversial VIDEO.

    You see, Wesley was in the military-and shortly after leaving-he found hidden, "SELF MIND CONTROL" tactics that the government and others used to obtain anything they want.

    THESE are the EXACT same SECRETS lots of celebrities (especially those who "come out of nothing") and top business people used to become wealthy and famous.

    You've heard that you use less than 10% of your brain.

    Really, that's because the majority of your brainpower is UNCONSCIOUS.

    Perhaps this expression has even taken place IN YOUR very own head... as it did in my good friend Wesley Virgin's head 7 years back, while riding a non-registered, garbage bucket of a car with a suspended license and with $3 in his pocket.

    "I'm absolutely fed up with going through life paycheck to paycheck! Why can't I turn myself successful?"

    You've been a part of those those types of conversations, am I right?

    Your success story is waiting to start. All you have to do is in YOURSELF.

    UNLOCK YOUR SECRET BRAINPOWER

    ReplyDelete

 

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