Warburg Pincus Takes ~24% Stake in Fortegra via $200M Investment in Tiptree Subsidiary

TWFG, Inc. Acquires Fortress Insurance Services

May 13, 2026

Insurance

TWFG, Inc. acquired Fortress Insurance Services, adding four new agency locations and experienced insurance professionals to its independent insurance distribution platform. The acquisition strengthens TWFG’s presence in the Upper Midwest and expands Fortress’s personal and commercial insurance capabilities under TWFG’s technology-enabled agent network.

DB Insurance Acquires Fortegra in $1.65 Billion Deal

November 10, 2025

Insurance

DB Insurance Co., Ltd. has completed its acquisition of The Fortegra Group, Inc. for approximately $1.65 billion. The deal follows DB Insurance’s definitive agreement announced in September 2025 and was closed on May 29, 2026.

Warburg Pincus Makes Majority Investment in uvex group

July 1, 2025

Industrial Services

Warburg Pincus will acquire a majority interest in the uvex group, the family-owned provider of personal protective and sports protective equipment. The Winter and Grau owner families will retain a significant minority stake and remain involved in the company’s future growth.

Warburg Pincus Takes Minority Stake in Aztec Group

September 3, 2024

Financial Services

Warburg Pincus has taken a minority equity stake in Aztec Group and will become a key client, using Aztec as its preferred fund administration partner across its global footprint. The investment will support Aztec's continued international expansion—particularly into the U.S.—and the build-out of capacity and capabilities while the existing management team and founder remain in place.

Warburg Pincus and Temasek Acquire Specialist Risk Group

May 21, 2024

Insurance

Warburg Pincus and Temasek agreed to acquire Specialist Risk Group (SRG) from HGGC, with SRG management reinvesting and retaining a significant stake. The investors will support SRG’s next stage of growth as the specialist insurance intermediary expands its people-focused platform and international capabilities; closing is subject to customary regulatory approvals.

Warburg Pincus Acquires K2 Insurance Services from Lee Equity Partners

December 1, 2022

Insurance

Warburg Pincus has agreed to acquire K2 Insurance Services from Lee Equity Partners to support the company's next phase of growth, including M&A and de-novo incubation. K2, a San Diego-based specialty insurance program manager that services over $1 billion in premiums through a portfolio of MGAs, will be backed by Warburg Pincus to expand its underwriting and distribution capabilities.