The financial terms of the deal were not disclosed.
Eagle Construction is focused on building single family residential homes in Virginia and providing residential realty, commercial construction and commercial realty services.
Markel has a joint venture with The Eagle Companies and this is the second investment it has made into Eagle’s platform.
Markel Ventures CEO Thomas Gayner said, “Homebuilding is an integral part of our society, promoting economic development and, more importantly, strengthening our communities.
“As a leading homebuilder in Virginia, Eagle has a 29 year history of providing customers with quality products and outstanding customer service, a hallmark of our Markel Ventures companies.”
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