Professional
Added to YB: 2025-09-02
Pitch date: 2025-08-29
TIPT [bullish]
Tiptree Inc.
-28.06%
current return
Author Info
Special Situation Investments focuses on event-driven trades and low risk arbitrage opportunities with short term catalysts. Sign up for the newsletter.
Company Info
Tiptree Inc. does not have significant operations. Previously, it was engaged in the provision of specialty insurance products.
Market Cap
$595.8M
Pitch Price
$23.06
Price Target
29.30 (+77%)
Dividend
1.53%
EV/EBITDA
-19.86
P/E
-15.13
EV/Sales
-865.49
Sector
Insurance
Category
special_situation
Tiptree (TIPT): Fortegra Sale Talks with DB Insurance Could Unlock 20%+ Upside
TIPT: DB Insurance in talks to acquire Fortegra, deal likely before 2026 when Warburg Pincus (30% owner) can force IPO. Fortegra has 30% ROAE, ~90% combined ratio. Sale at 15x P/E = ~25% upside. Risk: $1.5B rumored price (9x P/E) = 30% downside, but unlikely given quality.
Read full article (2 min)