---
schema_version: "secwatch.filing_event.v1"
accession: "0001393726-22-000052"
form_type: "8-K"
ticker: "TIPT"
cik: "0001393726"
company_name: "TIPTREE INC."
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:19:11.648921+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tiptree closes $200M Warburg Pincus investment in Fortegra, repays $113M debt, sells vessels for $46M

## Summary
- Warburg Pincus invests $200M in Fortegra, acquiring ~24% ownership on an as-converted basis.
- Up to $60M proceeds support Fortegra growth; remainder used to repay Tiptree's indebtedness and general corporate purposes.
- Tiptree pays $113.2M to terminate Credit Agreement with Fortress Credit Corp., releasing all liens.
- Agreed to sell remaining two dry-bulk vessels for $46.2M (~47% gain over book value), expected close Q3 2022.

## SEC filing metadata
- accession: 0001393726-22-000052
- form_type: 8-K
- ticker: TIPT
- cik: 0001393726
- company_name: TIPTREE INC.
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393726/000139372622000052/0001393726-22-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393726/000139372622000052/tipt-20220621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001393726-22-000052
- JSON: https://secwatch.observer/filing/0001393726-22-000052.json
- Plain text: https://secwatch.observer/filing/0001393726-22-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.