Warburg Pincus invests $200mn in Tiptree’s Fortegra after pulled IPO
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Warburg Pincus invests $200mn in Tiptree’s Fortegra after pulled IPO

Samuel Casey
October 12, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
US Currency: Wads of US bills fastened with rubber bands, close-up

Private equity firm Warburg Pincus has invested $200mn in warranty and program insurer Fortegra Group, parent company Tiptree has announced.

The investment gives the PE house a 24% stake in the business on a fully diluted basis and is expected to close in the first quarter of 2022.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

NewsCommercial linesMGAs/MGUs
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article