Brief: Tiptree Announces Strategic Investment In Fortegra From Warburg Pincus

Tiptree

12/10/2021 12:29

Oct 12 (Reuters) - Tiptree Inc  TIPT.O :
    * TIPTREE ANNOUNCES STRATEGIC INVESTMENT IN FORTEGRA FROM
WARBURG
PINCUS LLC
    * TIPTREE INC - INVESTMENT WILL GIVE WARBURG PINCUS AN
APPROXIMATE
24% OWNERSHIP IN FORTEGRA ON A FULLY DILUTED BASIS
    * TIPTREE INC - ANNOUNCED $200 MILLION STRATEGIC INVESTMENT
IN ITS
INSURANCE SUBSIDIARY, FORTEGRA GROUP, FROM WARBURG PINCUS

Source text for Eikon:  ID:nBw4htMcja 
Further company coverage:  TIPT.O 

 ((Reuters.Briefs@thomsonreuters.com;))