For over 40 years, Fortegra's collaborative approach, experienced team, and innovative products have fueled consistent growth and increasing demand from both domestic and international partners. WHITE PLAINS, N.Y., July 01, 2021--ITT announces sale of subsidiary holding legacy liabilities to Delticus, an affiliate of Warburg Pincus Fusion MicroFinance, which is backed by global private equity major Warburg Pincus, proposes to utilise net proceeds of the fresh issue to augment the capital base of the microfinance firm. TiptreeScott McKinneysmckinney@tiptreeinc.com, Warburg PincusKerrie CohenKerrie.Cohen@warburgpincus.com. This Week’s Healthcare Highlights: Bright Health announces $750 million financing Access Industries and Oak HC/FT-backed Cerebral announces $300 million Series C Abry Partners-backed Centauri announces acquisition of Secure Exchange Solutions Oak HC/FT, GV and F-Prime-backed Quartet Health announces acquisition of InnovaTel Telepsychiatry Upfront … The firm has more than $67 billion in private equity assets under management. NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced a $200 million strategic investment in its insurance subsidiary, The Fortegra Group, LLC (“Fortegra”) from Warburg Pincus, a leading global growth investor. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Ronnie Screwvala-led edtech, upGrad is merging its three subsidiaries – upGrad Campus (formerly Impartus), upGrad Jeet (formerly The GATE Academy), and upGrad KnowledgeHut (formerly KnowledgeHut) -- into one single parent unit in a bid to execute an integrated strategy. EW GROUP operates 165 subsidiaries in 45 countries worldwide, employing over 15,000 team members. Founded in 1966, Warburg Pincus has raised 20 private equity funds, which have invested more than $97 billion in over 960 companies in more than 40 countries. Found inside – Page 138... Smart Shirts (a subsidiary of Kellwood Industries), CPC International/Bestfoods, Caltex, Sportif, Citibank, 3M, Cargill, Tandon Associates, Paxar Corp, Warburg Pincus, TSG Network, Worldquest and Fitch IBCR. Two major US companies, ... The organizational chart of Warburg Pincus displays its 262 main executives including Charles Kaye, Steven Glenn, Timothy Geithner and Roland Xu × We use cookies to provide a better service. Founded in 1966, Warburg Pincus has raised 20 private equity funds, which have invested more than $97 billion in over 960 companies in more than 40 countries. Firm Profile > Latham & Watkins LLP > Hong Kong, Hong Kong. Warburg Pincus will deduct from its cash contribution the product of $35 and the number of shares of common stock acquired from Arch by wholly owned Warburg subsidiary WP Windstar. Warburg Pincus acquired Austria-based Infoniqa, one of the fastest growing HR software companies in the DACH region, in September 2020. You can change your cookie settings at any time from within your web browser. Jane M. Cronin (2) Senior Vice President – Corporate Controller of The Sherwin-Williams Company. The business underwrites and administers a variety of specialty insurance products and warranty solutions across the United States and Europe. Fusion Micro Finance, which is backed by global private equity major Warburg Pincus, proposes to utilise net proceeds of the fresh issue to augment the capital base of the microfinance firm. White Plains, N.Y., July 1, 2021 – ITT Inc. (NYSE: ITT) today announced that it has divested InTelCo Management LLC ("InTelCo"), a wholly owned subsidiary that holds long-term liabilities including asbestos liabilities and related insurance assets, to Delticus HoldCo, L.P. ("Delticus"), a corporate liability consolidation vehicle and portfolio company of Warburg Pincus LLC, a leading global private equity firm. Found inside – Page 8... 9.80p Share capital 4,600 5,518 Shareholders (deficit) (65,986) (111,773) *basic Principal Shareholders: Eurocom SA (14.98%); Warburg Pincus (7.18%); Carat Vendors (14.12%) No of Employees: 1,736 AGFA-GEVAERT LTD 27 Great West Rd, ... I-MED Network Radiology. This press release contains "forward-looking statements" which involve risks, uncertainties and contingencies, many of which are beyond Tiptree's control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. The Warburg-led group … GVM Care & Research. Warburg Pincus is in early-stage negotiations to sell a controlling stake in Encora, a US-headquartered Indian-origin IT services firm it owns, taking advantage of a deal spree in the sector in recent months, people in the know said. For more information please visit www.warburgpincus.com. He was also a Director of Emcure Pharmaceuticals, Igarashi Motors India, and Trans Maldivian Airways. As part of our “one firm” approach to investing, our global network of professionals work collectively across geographies and sectors to ensure that the right people with the right experience are available to every entrepreneur and every business. Found inside2007 Note: Financial information for 2007 was not available for all companies at press time. ... Global Surgical Gerald M. Ostrov, Chmn. Alan H. Farnsworth, VP/Pres., EMEA Bausch & Lomb, Inc. (B&L), a subsidiary of Warburg Pincus LLC, ... To participate in the telephone conference call, please dial 1-877-407-4018 (domestic) or 1-201-689-8471 (international). Previously, Dixit was a Principal at Warburg Pincus. Founded in 1966, Warburg Pincus has raised 20 private equity funds, which have invested more than $97 billion in over 960 companies in more than 40 countries. Warburg Pincus LLC operates as a private equity firm. Strategic partnership with Warburg Pincus is the first step toward our goal of demonstrating Fortegra’s intrinsic value Continue to focus on long-term shareholder value creation Seek new acquisition opportunities Invest in existing subsidiaries Opportunistic … Gradiant, a Boston MA-based provider of end-to-end cleantech water treatment solutions and projects developer, raised over $100M in Series C funding. Some have developed innovative new business models, while others have reinvented the old. This book contains exclusive interviews with the leaders of many of the world's most successful and innovative funds. Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. See the details. The firm has more than $67 billion in private equity assets under management. The initial share-sale of Prudent Corporate Advisory Services is entirely an OFS of 85,49,340 equity shares. A successful IPO will mean MedPlus will become the first omni-channel pharmacy chain to list on the stock exchanges. Warburg Pincus LLC is a leading global growth investor. Found inside – Page 1762Warburg serves as the adviser or sub - adviser to various management investment companies registered under the Act ( " Funds ” ) . 1 Abbott serves as sub - adviser to four of the Funds , Warburg , Pincus Global Post - Venture Capital ... Written in clear, non-technical language, the book features informative case studies of venture capital funding in a wide range of industries, including telecommunications, software and services, semiconductors, and the internet"-- Exhibit 10.18 SIDE LETTER AGREEMENT . Special Note Regarding Forward-Looking Statements. To continue to use this site you must consent to the use of cookies as described in our Website Privacy Notice unless you have disabled them. Joining forces with Warburg Pincus is yet another chapter in the Fortegra story and together Fortegra, Tiptree and Warburg Pincus will accelerate the exceptional growth and profitability of Fortegra,” said Rick Kahlbaugh, the Chief Executive Officer of Fortegra. The firm’s active portfolio of more than 215 companies is highly diversified by stage, sector, and geography. Work highlights. © 2021 Warburg Pincus LLC. Exhibit 10.3. Warburg Pincus Privacy Notice    Privacy Notice    Personal Data Request    Legal Disclaimer    Forms 20-2 and 21-3. “Our investment in Fortegra underscores our commitment to partnering with innovative companies in the insurance sector. Other unknown or unpredictable factors also could affect our forward-looking statements. RECITALS . Established in 1966 and headquartered in New York City, Warburg Pincus LLC is a global private equity firm for investing. Here's a list of some of the top trending technologies and APIs used by Warburg Pincus. An archived replay also will be available shortly after the event for those unable to listen to the live broadcast. He was previously Senior Advisor to Warburg Pincus, Operating Advisor to Apollo Global Management, Commissioner of the United Nations Broadband Commission, Co-Chair of the digitalisation task force of B20, a member of several digital and healthcare committees of the World Economic Forum and Industrial Advisor to Evli Growth Partners. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Warburg Pincus is a leading global growth investor. For more information on Fortegra, visit: https://www.fortegra.com. On June 4, as part of the detailed public statement, acquirer Warburg Pincus said Future Capital's board passed a resolution on May 25 not to pursue the business lines undertaken by its subsidiaries, Myra Mall and Future Finance. Fortegra and its subsidiaries underwrite and administer a comprehensive and diverse set of admitted and surplus insurance products and warranty solutions across the United States and around the world. She serves as the connective tissue among leadership and focuses on fostering a collaborative, high-performance culture. Warburg Pincus sold Hygiena to EW Group, a German strategic holding company in the field of animal breeding, health, nutrition and diagnostics. Honest, Ethical and Fair Conduct Each person owes a duty to the Company to act with integrity. this Code, references to the “Company” mean Warburg Pincus Capital Corporation I-A, and, in appropriate context, its subsidiaries. Relationship Details Business Entity Relationship Active. Warburg Pincus LLC is a leading global growth investor. They bring significant expertise across many sectors, including insurance, and will be great partners in support of Fortegra’s continued success.”. MedPlus operates over 1,800 stores. 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