Warburg Pincus completed a $200m investment in Tiptree-backed The Fortegra Group.

Warburg Pincus completed a $200m investment in Tiptree-backed The Fortegra Group, a provider of insurance products and third-party administration services. “This investment accomplishes many of our strategic goals including raising capital to accelerate Fortegra’s growth and recapitalizing both companies balance sheets through the repayment of indebtedness. We are excited to continue working with Rick and the Fortegra team as they execute on their long-term objectives, and we look forward to a strong partnership with Dan Zilberman and the Warburg Pincus team. They bring significant expertise across many sectors, including insurance, and will be great partners in support of Fortegra’s continued success," Michael Barnes, Tiptree Executive Chairman.