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Markel buys majority share of Diamond Healthcare

January 3, 2011
by News release
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Richmond, Va. — Diamond Healthcare Corp., a privately held company that manages behavioral health programs throughout the United States, announced today that Markel Corp., through Markel Ventures, Inc., has made a strategic investment and is now the company's majority shareholder.

All members of the Diamond management team will remain in place, including president and CEO George K. White.

“Markel’s investment in Diamond will ensure that the company will perpetuate its mission, values and course for the long term," said White.

According to Markel Ventures president Tom Gayner, Markel “makes strategic investments in companies with leading market positions and strong management teams and holds those interests for the long term."