Stone Point in the News

Stone Point in the News

Aug 03, 2020
Mitchell IMitchell I Genex Finalizes Coventry Workers’ Comp Services AcquisitionGenex Finalizes Coventry Workers’ Comp Services Acquisition
Jun 10, 2020
Enstar Announces Recapitalization of StarStone U.S. with New Leadership and Significant Investment led by SkyKnight Capital, Dragoneer Investment Group and Aquiline Capital Partners
Apr 14, 2020
Duff & Phelps Announces Completion of Acquisition by Investor Consortium
Apr 02, 2020
The Public Sector Pension Investment Board makes strategic investment in SitusAMC
Mar 12, 2020
2019 Year in Review
Mar 02, 2020
Mitchell | Genex signs agreement to acquire Coventry Workers’ Comp Services, aligning premier medical management and cost containment providers
Jan 22, 2020
Duff & Phelps to be Acquired by Global Investor Consortium for $4.2 Billion
Jan 14, 2020
Stone Point Capital Closes Trident VIII with $7 Billion of Committed Capital
Dec 02, 2019
PrismHR Announces Investment from Stone Point Capital to Fuel Growth
Nov 12, 2019
Broadstone Net Lease, Inc. Announces Agreement to Internalize Management
Oct 03, 2019
Tokio Marine Agrees To Acquire PURE Affiliated Group of Specialty Companies
Jul 16, 2019
First Associates Closes Recapitalization from Funds Managed by Stone Point Capital and Combines Operations with Portfolio Financial Servicing Company
Jul 08, 2019
Sedgwick to acquire York Risk Services Group
Jul 02, 2019
Alight to acquire Hodges-Mace to enhance its health and voluntary benefit capabilities and expand suite of solutions for employers of all sizes
Jun 28, 2019
Situs Group Holdings Corp. And American Mortgage Consultants, Inc. close merger
Jun 04, 2019
Kestra Financial, Inc. completes recapitalization including Warburg Pincus
May 29, 2019
Black Mountain Systems announces acquisition by Vista Equity Partners
May 07, 2019
Amherst Pierpont Securities Designated as a Primary Dealer by the Federal Reserve Bank of New York
Mar 12, 2019
Newport Group Enters into Agreement to Buy PNC Bank’s Vested Interest
Mar 01, 2019
Bankruptcy-administration firm Stretto acquires CINgroup
Feb 25, 2019
Kestra Financial, Inc. announces recapitalization to include Warburg Pincus
Jan 22, 2019
Alliant Forms strategic partnership with PSP Investments
Dec 31, 2018
The Carlyle Group completes acquisition of majority ownership of Sedgwick
Dec 21, 2018
Paychex Completes Acquisition of Oasis Outsourcing
Dec 03, 2018
Lennar Completes Sale Of Rialto Management Business
Nov 29, 2018
AmTrust Go-Private Transaction Completed
Nov 26, 2018
Paychex to Acquire Oasis Outsourcing
Nov 01, 2018
Mitchell and Genex Services Finalize Merger
Oct 29, 2018
Lennar Agrees To Sell Rialto Management Business
Oct 17, 2018
Applied Systems Acquires Dynamis Corporation
Oct 16, 2018
Applied Systems Announces Minority Investment by CapitalG, the Growth Equity Investment Fund of Google Parent Company Alphabet
Sep 27, 2018
Mitchell and Genex Sign Merger Agreement That Brings Together Leaders in Medical Compliance, Cost Containment and Clinical Solutions
Sep 12, 2018
The Carlyle Group to become majority investor in Sedgwick in $6.7 billion transaction
Sep 06, 2018
Alliant Acquires Harbor Group Consulting
Aug 29, 2018
ORIX Corporation USA Completes Acquisition of NXT Capital Inc.
Jul 26, 2018
Focus Financial Partners Inc. Prices Initial Public Offering
Jul 24, 2018
Madison Dearborn Partners and Enstar Group Limited Enter Into Agreements with Evergreen Parent L.P. to Participate in Portion of Equity Financing for Take-Private Transaction of AmTrust Financial Services
Jul 16, 2018
Sabal Capital Partners to be Acquired by Funds Managed by Stone Point Capital
Jul 12, 2018
Guggenheim Securities to Acquire Millstein & Co., Jim Millstein to Join as Co-Chairman of Guggenheim Securities
Jul 12, 2018
HireRight and GIS Ownership Complete Merger
Jul 10, 2018
Preston Hollow Capital Closes on Investment Commitment of More Than $225 Million
Jul 01, 2018
ORIX Corporation USA to Acquire NXT Capital Inc.
Apr 27, 2018
Gordon Brothers Receives Investment from Funds Managed by Stone Point Capital
Apr 26, 2018
Mitchell Secures New Investment Partner in Stone Point Capital in its Continued Commitment to Growth and Innovation
Apr 12, 2018
Crystal & Company Joins Alliant
Mar 09, 2018
Stone Point Capital Completes Acquisition of Genex Services from Funds Advised by Apax Partners
Mar 05, 2018
Grace Hill Acquired by Stone Point Capital
Mar 01, 2018
Stone Point Capital, the Karfunkel Family and the CEO to Acquire AmTrust Financial Services, Inc.
Feb 27, 2018
Stone Point Capital to Acquire Majority Stake in LegalShield from MidOcean Partners
Feb 12, 2018
Pacific Premier Bancorp, Inc. to Acquire Grandpoint Capital, Inc.
Feb 09, 2018
Stone Point Capital to Acquire Genex Services from Funds Advised by Apax Partners
Feb 05, 2018
Enstar to Acquire Full Ownership of KaylaRe
Jan 29, 2018
Aflac Incorporated Announces Expanded Partnership with NXT Capital
Jan 09, 2018
Stone Point Capital Partners with CEO of AmTrust Financial and Karfunkel Family to Jointly Propose Acquiring All Shares of AmTrust Financial Common Stock Not Controlled by Family for $12.25 Per Share in Cash
Jan 05, 2018
Situs Continues Expansion in Fintech and Risk Analytics With Acquisition of MountainView Financial Solutions
Dec 05, 2017
Oasis Outsourcing Acquires Staff One HR
Dec 04, 2017
Kestra Financial Closes Acquisition of H. Beck, Inc.
Oct 04, 2017
Thomas H. Lee Partners Completes Acquisition of Majority Interest in Ten-X
Oct 02, 2017
State Bank Financial Corporation Completes Merger Transaction with AloStar Bank of Commerce
Sep 12, 2017
ORIX USA Acquires Lancaster Pollard
Sep 11, 2017
Applied Systems Announces Minority Investment by Stone Point Capital
Aug 29, 2017
TDC Risk Management/NEBCO Insurance Services Announce Merger
Aug 14, 2017
CenterState Banks, Inc. Announces Acquisitions to become Florida’s Largest Community Bank
Aug 02, 2017
Thomas H. Lee Partners Invests In Ten-X, Nation’s Leading Online Real Estate Marketplace
Jun 27, 2017
Trident VI Acquires Kestra Financial
Jun 15, 2017
State Bank Financial Corporation and AloStar Bank of Commerce Announce Definitive Merger Agreement
May 09, 2017
Evercore Agrees to Sell Its Institutional Trust and Independent Fiduciary Business to Newport Group
Apr 18, 2017
Focus Financial Partners To Receive Significant Investment from Stone Point Capital and KKR
Apr 12, 2017
Stone Point Capital Acquires Bankruptcy Management Solutions
Mar 31, 2017
Aflac Announces Investment Partnership with NXT Capital
Feb 15, 2017
Sapiens to Acquire U.S.-based StoneRiver, Inc. for Approximately $102 Million
Jan 27, 2017
Home Point Financial to Acquire Stonegate Mortgage Corporation
Dec 15, 2016
Enstar Launches Reinsurer KaylaRe
Nov 21, 2016
Independent Bank Group, Inc. to Acquire Carlile Bancshares, Inc.
Nov 02, 2016
Situs and Hatfield Philips International Announce Strategic Transaction
Oct 21, 2016
New Ocean Capital Management Limited Announces Strategic Relationship with Mitsui & Co., Ltd.
Jul 21, 2016
F.N.B. Corporation to Acquire Yadkin Financial Corporation, Creating Premier Mid­Atlantic and Southeast Regional Bank
Jul 13, 2016
Mesirow Insurance Services to Join Alliant
Jun 28, 2016
First Midwest Bancorp, Inc. To Acquire Standard Bancshares, Inc.
Jun 27, 2016
Majority interest to funds managed by Stone Point Capital LLC NEW YORK – June 27, 2016 – NFP, a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions, today announced it has completed the sale of a majority stake in Kestra Financial (Kestra) to funds managed by Stone Point Capital LLC (Stone Point), a private equity firm focused on investing in the financial services industry. Under the terms of the transaction, NFP’s ultimate parent will maintain a substantial minority ownership interest in Kestra. The agreement to sell the majority stake in Kestra was previously announced on April 4, 2016 and the transaction closed on June 24, 2016. Douglas Hammond, Chairman and Chief Executive Officer of NFP, commented, “As we look to the future, we remain committed to strengthening our presence in the insurance brokerage and consulting space and to providing the highest quality resources to our clients. The completion of this transaction is a tangible step toward our ongoing business objectives. We look forward to continued growth and expanding the NFP footprint.” Previously known as NFP Advisor Services, Kestra is a leading independent broker-dealer and registered investment advisor headquartered in Austin, TX. Kestra supports over 1,700 independent financial advisors nationwide. Kestra President and CEO, James Poer, will continue to lead the firm, and its Board of Directors will include Mr. Hammond. “We are excited for our continued partnership with Kestra and Stone Point,” said Hammond. “We value the relationship we built with Kestra throughout our history and look forward to a mutually successful future.” BofA Merrill Lynch acted as the exclusive financial advisor, and Ropes & Gray acted as legal advisor to NFP in the transaction. The financial terms were not disclosed. About NFP At NFP Corp., our solutions and expertise are matched only by our personal commitment to each client’s goals. We’re a leading insurance broker and consultant that provides employee benefits, property & casualty, retirement, and individual insurance and wealth management solutions through our licensed subsidiaries and affiliates. NFP has more than 3,400 employees and global capabilities. Our expansive reach gives us access to highly rated insurers, vendors and financial institutions in the industry, while our locally based employees tailor each solution to meet our clients’ needs. We’ve become one of the largest insurance brokerage, consulting and wealth management firms by building enduring relationships with our clients and helping them realize their goals. Recently NFP was ranked the 2nd fastest-growing U.S. large-group employee benefits brokers by Employee Benefit Adviser. In addition, Business Insurance ranked as the 5th largest global benefits broker by revenue, the 4th largest US-based privately owned broker and the 11th largest broker of US business. PlanSponsor ranked us the 5th largest executive benefits provider of nonqualified deferred compensation by number of plans, and we were ranked 11th in personal lines P&C revenue by Insurance Journal. For more information, visit NFP.com. CONTACT Gregory FCA for NFP nfp@gregoryfca.com 610-228-2104
Jun 27, 2016
Stone Point Capital LLC Completes Purchase of Majority Stake in Independent Broker-Dealer & RIA Kestra Financial
Nov 02, 2015
Atlantic Capital Bancshares, a Trident IV Portfolio Company, Acquires First Security
Oct 14, 2015
First Data, a Trident V Portfolio Company, Completes IPO
Aug 03, 2015
CIT Completes Acquisition of OneWest Bank, a Trident IV Portfolio Company
Jul 09, 2015
Trident VI Invests in Millstein & Co.
Jul 07, 2015
Trident VI and Graham Goldsmith Launch Cross Ocean Partners and Acquire European Investment Platform
Jul 02, 2015
Trident III sells Preferred Concepts to Alliant Insurance Services
Jul 01, 2015
Trident VI Invests in Real Estate Fund Manager Broadstone
Jun 23, 2015
Trident VI to Invest in Alliant Insurance Services
Apr 22, 2015
Trident VI Commits to Invest in Preston Hollow Capital
Apr 02, 2015
Home Point, a Trident VI Portfolio Company, Acquires Mortgage Banking Platform
Apr 01, 2015
Trident VI Acquires Situs
Mar 31, 2015
Trident VI Acquires Black Mountain Systems
Feb 26, 2015
Amherst Holdings, a Trident IV Portfolio Company, Launches Asset Management Platform with Bank of New York
Feb 24, 2015
Duff & Phelps, a Trident V Portfolio Company, Acquires American Appraisal and Kinetic Partners
Jan 06, 2015
Situs to be Acquired by Trident VI
Nov 20, 2014
Trident IV Sells Asset Allocation & Management to Securian Financial Group
Nov 20, 2014
Trident VI to Acquire Oasis Outsourcing
Oct 20, 2014
Trident V Portfolio Company Enhanced Capital Launches Tree Line Capital Partners
Oct 15, 2014
Verisight, a Trident V Portfolio Company, Announces Merger with the Newport Group
Oct 14, 2014
Trident IV Portfolio Companies Amherst Securities and Pierpont Securities Merge
Jul 22, 2014
CIT Announces Acquisition of OneWest Bank, a Trident IV Portfolio Company.
Jul 07, 2014
Piedmont Community Bank, a Trident IV Portfolio Company, Merges with Yadkin Financial
Jul 02, 2014
Stone Point Capital Commences the Investment Period of Trident VI, L.P.
Jun 19, 2014
Trident V Co-Invests in First Data Alongside KKR
Jun 13, 2014
Aon Affinity Agrees to Acquire National Flood Services from StoneRiver, a Trident IV Portfolio Company
Jun 09, 2014
Trident V Acquires LTCG
Apr 01, 2014
Trident V and Enstar Acquire Torus Insurance Holdings
Mar 21, 2014
Canada Pension Plan Investment Board Enters Into Agreement To Acquire Wilton Re
Mar 05, 2014
Google Capital Invests in Auction.com, a Trident IV Portfolio Company
Jan 27, 2014
KKR Agrees to Acquire Majority Interest in Sedgwick from Trident IV and Hellman & Friedman
Nov 14, 2013
Carlyle to Acquire Controlling Stake in EPIC from Trident IV
Jul 25, 2013
Trident V and XL Group Form New Ocean Capital Management
Jul 07, 2013
Trident V and Enstar to Partner in Acquisitions of Atrium, Arden Re and Torus
May 01, 2013
Markel Closes on Acquisition of Alterra, a Trident III Portfolio Company
Apr 23, 2013
Trident V, Carlyle, Pictet & Cie and Edmond de Rothschild Group Complete Acquisition of Duff & Phelps
Feb 20, 2013
Trident IV Acquires GWC Warranty Corporation; To Operate Under APCO Holding Company
Jan 17, 2013
CPPIB Credit Investments Joins Trident V and KKR as a Partner in MerchCap Solutions
Dec 19, 2012
Markel to Acquire Alterra for Approximately $31 Per Share in Stock and Cash