Nearmap to Acquire itel (GTCR Sale)

May 20, 2025

Nearmap announced it is acquiring ITEL Laboratories (itel), an insurance data and analytics provider focused on P&C property claims. The deal is expected to close in Q2 2025 and combines itel’s pricing and repair-versus-replace analytics with Nearmap’s property intelligence to deliver end-to-end underwriting and claims insights.

Buyers
Nearmap, Thoma Bravo
Targets
ITEL Laboratories, Inc. (itel)
Sellers
GTCR
Industry
Data & Analytics
Location
Florida, United States
Transaction Type
Buyout

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