Louisiana based, Imperial Management Corporation (IMC) and Southport Lane, LP announced that IMC has obtained all required regulatory approvals and closed its previously announced acquisition of National Automotive Insurance Company (NAIC), an insurance company headquartered in Metairie, Louisiana. NAIC specializes …
Southport Lane, a New York-based private equity firm, announced that Brandon Young was appointed chief operating officer of its reinsurance holding company Southport Re and Senior Vice President of Southport Lane. In this position, Young plays a key role in …
Southport Lane, a New York City-based private equity firm, announced completion of its acquisition of Louisiana-based Imperial Management Corporation along with its largest subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Additional terms of the transaction were not disclosed. …
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, has reached a definitive agreement with Dallas National Insurance Holdings to acquire 100 percent of Dallas National Insurance Company, a Texas-based property and casualty insurer, founded …