Southport Lane signed an agreement to acquire Dallas National Insurance Company on May 23, 2012. The transaction is subject to regulatory approval and expected to close in July 2012. Loretta Mock and Josh Gerth of Cognito acted as PR advisors in the transaction. Larry E. Glasgow, Adam C. Hull and Kimberly A. Yelkin of Gardere Wynne Sewell LLP acted as legal advisor to the Dallas National. Sutherland Asbill & Brennan LLP acted as legal Advisor to Southport Lane.

Southport Lane completed the acquisition of Dallas National Insurance Company on March 13, 2013. The acquisition has been approved by both the Texas Department of Insurance and the Delaware Department of Insurance.