Stone Point Capital Makes Strategic Investment in Allied Benefit Systems

PSP Investments and Stone Point Capital Invest in Alliant Insurance Services

January 22, 2019

Insurance

The Public Sector Pension Investment Board (PSP Investments) has made an investment in Alliant Insurance Services, joined by an additional investment from funds managed by Stone Point Capital. Stone Point will remain Alliant's largest institutional shareholder while Alliant's management and producers retain majority ownership; the capital supports Alliant's continued growth and expansion.

Stone Point Capital Makes Growth Investment in ClearPoint Health

January 8, 2024

Healthcare Services

Stone Point Capital has announced a strategic growth investment in ClearPoint Health, a Columbia, South Carolina-based medical stop-loss captive platform that helps small and mid-sized employers and benefit advisors implement transparent, affordable employee health benefit programs. The capital will be used to accelerate ClearPoint's national expansion, scale its captive platform and deepen its advisor-first, clinically integrated stop-loss and benefits solutions.

Stone Point Capital Acquires Majority Stake in Beeline

May 3, 2022

Cloud & SaaS

Funds managed by Stone Point Capital have made a majority investment in Beeline, the Jacksonville-based provider of cloud solutions for sourcing and managing the extended workforce. Existing investor New Mountain Capital will remain a minority investor; the capital injection is intended to accelerate Beeline's platform innovation, AI capabilities and market expansion.

Stone Point Capital Makes Minority Growth Investment in IEQ Capital

January 19, 2023

Financial Services

Stone Point Capital made a minority growth investment in IEQ Capital to support the wealth management firm's continued organic growth, technology and infrastructure investments, and national expansion. The partnership deepens an existing lending relationship and is intended to accelerate IEQ's platform and family office service offerings.

Allied Benefit Systems Acquires Medxoom

July 18, 2023

Cloud & SaaS

Allied Benefit Systems, majority-backed by funds managed by Stone Point Capital, has acquired Medxoom, a digital benefits integration and payments platform. Allied will integrate Medxoom's technology into its My Allied Portal to enhance member experience, support current clients, and expand digital capabilities to reduce employer healthcare costs.

Stone Point Leads Growth Investment in Bullhorn; Insight Partners and Genstar Remain Investors

September 8, 2020

Cloud & SaaS

Stone Point Capital has agreed to become the lead investor in Bullhorn, the cloud-based recruitment software provider, with Insight Partners and Genstar Capital remaining as investors. The minority growth investment (terms undisclosed) will provide capital to accelerate Bullhorn's Unified Workforce Management roadmap and support the company's continued expansion in the global staffing and recruiting market.