Locke Lord Team Represents Richmond National Group in $30 Million Private Stock Offering

A Locke Lord team led by Brett Pritchard and Charles Wu (both of Chicago) represented Richmond National Group, Inc. in its $30 million private common stock offering that closed on March 31, 2023. Richmond National, a specialty excess and surplus lines insurance company, raised more than $30 million in common equity capital from existing shareholders, including HF Capital, Bonhill Capital, WT Holdings and employees, to support continued growth of its business. Richmond National has raised over $100 million in total equity capital since its formation in 2021. Additional assistance was provided by Stephanie O’Neill Macro (Chicago) and Ed Razim (Houston). For more information, see the press release.
Posted on April 6, 2023