bullish

Fortegra And Tiptree (TIPT) - Monday, Jan 8, 2024

180 Views09 Apr 2024 09:52
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SUMMARY
  • Tiptree plans to IPO its subsidiary, The Fortegra Group, potentially driving over 50% upside for investors
  • Fortegra filing recent S1s and strong syndicate team indicate IPO in late January at 17.5x 2023 Adjusted Net Income
  • Estimates suggest Tiptree's ownership in Fortegra could be worth around $31.87/share, making it a valuable asset for investors.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

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  • Fortegra And Tiptree (TIPT) - Monday, Jan 8, 2024
    09 Apr 2024
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