Tiptree Acquires Fortegra

SRZ advised Tiptree Financial Inc. in its acquisition of Fortegra Financial Corporation. Announced on Aug. 12, the $218-million all-cash acquisition closed on Dec. 4. Tiptree is a diversified holding company engaged through its consolidated subsidiaries in the insurance and insurance services, specialty finance, asset management and real estate industries and is an active acquirer of new businesses. Jacksonville, Fla.-based Fortegra is an insurance services company.

The SRZ team representing Tiptree on the transaction included employment & employee benefits partner Ronald Richman.