Markel Ventures Buys Virginia Construction Company
August 19, 2013
Markel Ventures has acquired Eagle Construction of VA, a Virginia-based construction company. Eagle builds single-family residential homes in the state. Through a handful of subsidiaries, it also provides residential realty, commercial construction and commercial realty services. The deal marks the second investment Markel has made in Eagle's platform. The two combined forces in 2010 to form Markel|Eagle Partners, a real estate asset manager that makes opportunistic and value-add investments.