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Private equity firm GTCR has reached an agreement to offload ITEL Laboratories (itel) to Nearmap, a portfolio company of ...
GTCR, a leading private equity firm, announced that it has signed a definitive agreement to sell ITEL Laboratories, Inc. ("itel" or "the Company"), a leading provider of data and analytics to the P&C ...
Thoma Bravo-backed Nearmap has agreed to buy insurance technology provider itel from private equity firm GTCR, the companies ...
The tech-focused buyout firm is purchasing Itel through its portfolio company Nearmap, according to a statement Tuesday.
GTCR is already on track to return a record $5 billion-plus to investors for a calendar year, people familiar with the matter ...
Earlier this week, Reuters reported, citing a source, that GTCR sold insurtech itel for over $1.3 billion. This followed its late 2024 sale of insurance brokerage Assured Partners to Arthur J.
GTCR, which manages over $45 billion in capital, bought itel in August 2021 from PNC Riverarch Capital. The firm, in a release on Tuesday, said that the insurance tech firm had doubled its revenue ...