itel - Ownership and Business Overview

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 Willis Towers Watson - Treaty Reinsurance Brokerage Operations - which was acquired by Arthur J. Gallagher for $4.0B.

Join Mergr to view all 552 acquisitions of insurance companies in 2021, including 14 acquisitions by private equity firms, and 538 by strategics.

itel

Global Claims Services, Inc.

6745 Philips Industrial Boulevard,
Jacksonville, Florida 32256
United States,
(904) 363-0196
www.oneitel.com

itel is an insurance service provider that helps property insurance companies effectively settle claims worldwide. itel is committed to custom-fitting its service offering to meet the unique needs of each international insurance market. itel was founded in 1993 and is based in Jacksonville, Florida.


Company Summary

SECTOR

Insurance

Established

1993

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