InsuranceCompany
itel Ownership
Who owns itel?
itel is owned by GTCR and HarbourVest Partners. It was acquired on August 26, 2021.
Is itel PE-backed?
Yes. itel is owned by private equity investors GTCR and HarbourVest Partners.
Was itel formerly PE-backed?
Yes. itel was formerly owned by 3 private investors.
itel Business Overview
Where is itel headquartered?
itel is headquartered in Jacksonville, Florida.
What sector is itel in?
itel is an insurance company.
When was itel founded?
itel was founded in 1993.
Insurance M&A Summary in 2021
Out of 60 sectors in the Mergr database, insurance ranked 6 in number of deals in 2021. The largest insurance acquisition in 2021 was Everlake Life Insurance - which was acquired by The Blackstone Group for $4.0B.
Join Mergr to view all 555 acquisitions of insurance companies in 2021, including 16 acquisitions by private equity firms, and 539 by strategics.