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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