Eversheds Sutherland Advises Arch MI on Acquisition of RMIC
June 10, 2024
Eversheds Sutherland Advises Arch MI on Acquisition of RMICJune 10, 2024 Eversheds Sutherland advised Arch U.S. MI Holdings Inc. (Arch MI), a wholly owned subsidiary of Arch Capital Group Ltd., on its acquisition of RMIC Companies, Inc. (RMIC) and its subsidiaries that together comprise the run-off mortgage insurance business of Old Republic International Corporation. The definitive agreement was first announced on November 13, 2023. The deal closed on June 3, 2024. Jefferies LLC served as Arch’s financial advisor and Eversheds Sutherland served as Arch’s legal advisor. The Eversheds Sutherland team was led by Partners Sean Wissman (Insurance) and Scott Burton (Insurance) and also included Partners Laura Taylor (Tax), Pete Pappas (Intellectual Property), Joshua Shapiro (Antitrust); Senior Counsel Kristan Rizzolo (Tax); Special Counsel Bronwyn McDermott (Insurance); Counsel Deepa Menon (Tax); and Associates Robert Patton (Insurance), Ed Yin (Insurance) and Dylan de Fouw (Corporate). Key contacts
Sean D. Wissman Partner Washington, DC, United States B. Scott Burton Of Counsel Atlanta, United States Joshua L. Shapiro Partner Washington, DC, United States Laura Taylor Partner Washington, DC, United States Peter G. Pappas Partner Atlanta, United States M. Kristan Rizzolo Senior Counsel Washington, DC, United States Deepa S. Menon Partner Washington, DC, United States Latest Insights
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