This content was published prior to the combination of Dentons and Durham Jones & Pinegar. Learn more about Dentons Durham Jones Pinegar. 

Durham Jones & Pinegar Shareholder Joshua E. Little and his team represented Align Financial Holdings, LLC, an insurance holding company, in the acquisition of Hilltop Holdings Inc.’s wholly-owned subsidiary, National Lloyds Corporation, a specialty property insurer for homeowners, low-value dwelling, mobile and manufactured homes for $154.1 million.

“This strategic transaction will serve to further diversify and scale Align’s business; putting us on track to write close to $500 million of specialty premiums this year”, said Kieran Sweeney, CEO of Align.

As part of this transaction, ReAlign Insurance Holdings, LLC, a new insurance holding company, completed its acquisition of National Lloyds Insurance Company (NLIC) and American Summit Insurance Company (ASIC) from Align NL Holdings, LLC, a subsidiary of Align Financial Holdings, LLC.

Grant Lippincott, President of ReAlign, said: “NLIC and ASIC have a successful track record in the specialty property insurance marketplace that we look forward to building upon. The Carriers represent an excellent and strategically important first step towards executing our long-term plan to create a leading domestic program underwriting platform.”

About Durham Jones & Pinegar

Founded in 1991, Durham Jones & Pinegar is a law firm headquartered in Salt Lake City, Utah. The firm provides services in the areas of bankruptcy, mergers and acquisitions, creditors' rights, securities law, employee benefits, commercial litigation, real estate, tax, estate planning, and intellectual property. Durham Jones & Pinegar caters to sectors like energy, healthcare, media, information technology, agriculture, public, and private companies as well as to individuals. Learn more at dentons.com/djp