The Fortegra Group, Inc.

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The Fortegra Group, Inc. - overview

Established

1978

Location

Jacksonville, FL, US

Primary Industry

Insurance

About

The Fortegra Group, Inc. is a US-based company specializing in insurance and related products, offering unique solutions tailored to meet diverse client needs across various industries. The Fortegra Group, Inc. , founded in 1978 and headquartered in Jacksonville, US, focuses on providing insurance solutions.


In September 2025, DB Insurance agreed to acquire The Fortegra Group, Inc. from Warburg Pincus and Tiptree Financial Inc. for approximately USD 1. 65 billion in an all-cash transaction.


CEO Rick Kahlbaugh leads the firm, steering it through strategic developments without any noted changes in its operational focus. Fortegra specializes in underwriting a comprehensive range of insurance and insurance-related products, including both admitted and non-admitted offerings. Their core product suite includes specialty insurance, credit protection services, automotive solutions, and premium finance options, all designed to address the unique risk management needs of businesses and individuals. The company tailors these programs to foster long-term success for its partners, serving a diverse clientele that spans various sectors, including consumer goods and automotive.


Fortegra’s products are available across multiple geographic markets, including the United States and Europe, ensuring that they meet the needs of an international customer base. With over 45 years of experience in the industry, Fortegra has positioned itself as a reliable partner for millions seeking innovative protection solutions in an ever-evolving marketplace. Fortegra generated revenue of USD 347,867,000 in the most recent fiscal year of 2013, with an EBITDA amount of USD 31,473,000 for the same period. The company engages in B2B transactions with partners and direct-to-consumer sales, structured around partnerships that utilize Fortegra's underwriting capabilities for customized insurance solutions.


These offerings are integral to risk management strategies for a wide range of clients. The Fortegra Group, Inc. plans to utilize the recent investment from DB Insurance to support its growth strategy focused on specialty admitted and Excess & Surplus (E&S) lines. This includes developing and launching new products aimed at enhancing their insurance offerings.


The company is also targeting expansion into new markets, particularly in regions that align with its existing operations, although specific locations are not disclosed. These initiatives are expected to further solidify Fortegra's position in the insurance market.


Current Investors

Warburg Pincus

Primary Industry

Insurance

Sub Industries

Insurance Intermediaries

Website

www.fortegra.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

The Fortegra Group, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP Direct, Trade SaleAnnouncedThe Fortegra Group, Inc.-
Add-onCompletedPremia Solutions Limited-
Add-onCompletedITC Compliance Limited-
BuyoutCompletedThe Fortegra Group, Inc.-
Trade SaleCompletedThe Fortegra Group, Inc.-

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