James River Group 

Growth Capital

Rapidly growing service companies are in need of capital to fuel growth.  Many times, this capital is difficult to find.  Traditional lenders are handicapped by a perceived lack of assets.  Other institutions may provide equity capital, but have unrealistically short time horizons for a return of capital.

Should capital be used to acquire a competitor? Should it be deployed to target a new market? How will the return on this capital be realized for the organization?  VCP provides the structure and support owners need to execute on their growth plan.  Additionally, should the need arise for additional capital for profitable growth, VCP can provide additional equity.  

James River Group

James River Group owns and operates property/casualty insurance companies that underwrite specialty non-standard insurance for business.  The company was founded by a management team that previously built and sold a similar insurance business.  

James River Group Direct Written Premium

Virginia Capital participated in the company’s first institutional capital raise.  This capital helped the company establish operations and build necessary infrastructure.  Shortly thereafter, James River raised additional proceeds, which VCP contributed, to fund regulatory approvals and provide initial underwriting capital.  The company went public in August 2005.  In December 2007, the company merged with a Bermuda based holding company and went private.  The transaction had an equity value of approximately $573 million

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