Description
Markel Corporation (NYSE: MKL) announced today that it has entered into a definitive agreement to acquire a majority interest in Lansing Building Products. Simultaneously, Lansing entered into a definitive agreement to acquire the distribution business of Harvey Building Products. Both transactions are subject to customary closing conditions and are expected to close in the second quarter of 2020. Additional terms were not disclosed.
Quick answer
Markel raised an undisclosed amount in a funding round, dated March 16, 2020.
- How much did Markel raise?
- Markel raised an undisclosed amount in a funding round on March 16, 2020.
- What does Markel do?
- Markel is the insurance operations arm of Markel Group Inc. (NYSE: MKL), delivering intelligent, tailored solutions for complex specialty insurance needs worldwide.
- Where is Markel based and how big is it?
- Fundz records about 4,369 employees.
- Who are the decision-makers at Markel?
- Fundz holds 3 contacts at Markel. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurtech and Insurance around the same time
Companies in the same sectors as Markel that raised within 45 days of this round, from Fundz verified event records.
- Loadsure raised $1.3M (Seed) on March 31, 2020.
- REIN Technologies (US) Inc. raised $1.5M (Seed) on April 23, 2020.
- Coterie raised $7.7M on March 10, 2020.
Who to call at Markel, and when
A new round usually means Markel is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Markel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Markel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Markel. With Fundz connected, it knows.
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Fundz sees it the moment Markel raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Markel raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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