Chicago-Led Locke Lord Team Represents Richmond National Group in $55 Million Private Stock Offering

A Locke Lord team led by Brett Pritchard and Charles Wu (both of Chicago) represented Richmond National Group, a specialty excess and surplus lines insurance company, in its $55 million private common stock offering that closed on May 13, 2024. Richmond National raised more than $55 million in common equity capital from existing shareholders, including HF Capital, Bonhill Capital, WT Holdings, and certain employees to support continued growth of its business. Richmond National has raised over $155 million in total equity capital since its formation in 2021. For more information, see the press release. Additional assistance was provided by Stephanie O’Neill Macro (Chicago) and Ed Razim (Houston).
Posted on June 13, 2024