TITLE

Southport Lane Completes Acquisition of Imperial Fire & Casualty

PUB. DATE
June 2013
SOURCE
Insurance Broadcasting;6/4/2013, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the announcement by private equity firm Southport Lane that it has completed its acquisition of 100% of insurance provider Imperial Management Corp. along with its largest subsidiary, Imperial Fire & Casualty, in an all-cash transaction. Glenn Weber, chief executive officer (CEO) of Southport Re, which manages Southport Lane's insurance and reinsurance holdings, believes that Imperial's strong operations make it an excellent fit for the firm's growth strategy.
ACCESSION #
88033436

 

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