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    SureTec Financial Corp.

    A Locke Lord team represented SureTec Financial Corp., a surety bond company, in a definitive agreement for Markel Corporation to acquire SureTec for approximately $250 million, inclusive of a three-year earn out. The transaction is subject to customary closing conditions, including insurance regulatory approvals, and is expected to close in the first half of 2017. The Locke Lord team included Christopher Martin, Ed Razim and Burke Wendt (all of Houston), Christopher Flanagan (Boston) and Van Jolas (Dallas).
    Posted February 2, 2017

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