Florida’s Itel valued at 25x-30x in Thoma Bravo acquisition
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Florida’s Itel valued at 25x-30x in Thoma Bravo acquisition

This publication revealed back in February that Itel was being prepared for a sale.

By Jairo Ibarra
June 04, 2025
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The tech-enabled cost containment company Itel was valued at about 25x-30x Ebitda in its sale to private equity house Thoma Bravo last month, nearly twice the usual multiple for an insurance services deal, Insurance Insider US has learned.

It

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Topics

News M&A Commercial lines Service provider Private equity Florida North America Operations/tech
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