Tiptree - M&A Summary and Business Overview

InsuranceCompany

Tiptree M&A Summary

Tiptree has acquired 3 companies, including 1 in the last 5 years. It has also divested 1 asset.

Tiptree’s largest acquisition to date was in 2014, when it acquired The Fortegra Group for $218M. It’s largest disclosed sale occurred in 2014, when it sold Philadelphia Financial Group to The Blackstone Group for $155M. Tiptree has acquired in 3 different US states. The Company’s most targeted sectors include insurance (67%) and financial services (34%).

Tiptree Business Overview

Where is Tiptree headquartered?

Tiptree is headquartered in Greenwich, Connecticut.

What is Tiptree’s revenue?

Tiptree disclosed revenue of 1,649M USD for 2023 and 1,398M USD for 2022.

How many employees does Tiptree have?

Tiptree has 1,504 employees.

What sector is Tiptree in?

Tiptree is an insurance company.

When was Tiptree founded?

Tiptree was founded in 2007.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity3
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 5

Tiptree

Tiptree, Inc.

660 Steamboat Road, 2nd Floor,
Greenwich, Connecticut 06830
United States,
(212) 446-1400
www.tiptreeinc.com

Tiptree is a holding company that combines insurance operations with investment management expertise. Tiptree principal operating subsidiary is a leading provider of specialty insurance products and related services. We also invest through Tiptree Capital across a broad spectrum of opportunities. Tiptree was founded in 2007 and is based in Greenwich, Connecticut.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $218M $218M
Sell (0.0/yr) # 1 - - - - - 1
vol $155M $155M
  4

Most Recent M&A

Company Date Value Type
Smart AutoCare 2019-12-17 - Add-on Acquisition
Richardson, Texas · www.smartautocare.com
Reliance First Capital LLC 2015-07-01 - Add-on Acquisition
Melville, New York · www.reliancefirstcapital.com
Philadelphia Financial Group, Inc. 2014-10-29 155M USD Divestiture
Philadelphia, Pennsylvania · www.philadelphiafinancial.com
The Fortegra Group LLC 2014-08-12 218M USD Add-on Acquisition
Jacksonville, Florida · www.fortegra.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 2 (67%) 218M (100%) - -
Financial Services 1 (33%) - 1 (100%) 155M (100%)
Total 3 $218M 1 $155M

By Geo

State/Country Buy Value Sell Value
United States 3 218M 1 155M
  Texas 1 - - -
  New York 1 - - -
  Florida 1 218M - -
  Pennsylvania - - 1 155M
Total 3 $218M 1 $155M

Top M&A Advisors

Financial Deals
RBC Capital Markets
1
Keefe, Bruyette, & Woods, Inc.
1
Houlihan Lokey
1
Legal Deals
Debevoise & Plimpton
1
Schulte Roth & Zabel
1

Deal Values

buy # Total
$100M to $1B 1 $218M
TOTAL $218M
Largest The Fortegra Group LLC
$218M (2014-08-12)
sell # Total
$100M to $1B 1 $155M
TOTAL $155M
Largest Philadelphia Financial Group, Inc.
$155M (2014-10-29)

M&A Connections

Deals
Divested to
Investor(s)
100%
1 (100%)

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