M&A Deal Summary

Markel Acquires VSC Fire & Security

On November 8, 2019, Markel acquired safety/security company VSC Fire & Security

Acquisition Highlights
  • This is Markel’s 1st transaction in the Safety/Security sector.
  • This is Markel’s 6th transaction in the United States.
  • This is Markel’s 1st transaction in Virginia.

M&A Deal Summary
Date 2019-11-08
Target VSC Fire & Security
Sector Safety/Security
Buyer(s) Markel
Deal Type Add-on Acquisition

Target

VSC Fire & Security

Ashland, Virginia, United States
VSC Fire & Security, Inc. is a provider of comprehensive fire protection, life safety, and low voltage solutions to retailers, commercial campuses, healthcare facilities, and government properties throughout the southeast United States. VSC Fire & Security, Inc. was founded in 1958 and is based in Ashland, Virginia.

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Buyer(S) 1

Buyer

Markel

Glen Allen, Virginia, United States
Category Company
Founded 1930
Sector Insurance
Employees21,600
Revenue 15.7B USD (2023)
DESCRIPTION

Markel is a diverse financial holding company serving a variety of niche markets through underwrites specialty insurance products. Markel was founded in 1930 and is based in Glen Allen, Virginia.

DEAL STATS #
Overall 11 of 14
Sector (Safety/Security) 1 of 1
Type (Add-on Acquisition) 11 of 14
State (Virginia) 1 of 2
Country (United States) 6 of 9
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 Brahmin Leather Works

Orlando, Florida, United States

Brahmin Leather Works, Inc. is a provider of fashion leather handbags with significant wholesale distribution and a rapidly growing direct-to-consumer business.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-16 Lansing Building Products

Richmond, Virginia, United States

Lansing Building Products is a provider of exterior building products and materials to professional contractors. Lansing Building Products was established in 1955 and is based in Richmond Virginia.

Buy -
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