Stone Point Capital Invests in Safe-Guard Products International

Hellman & Friedman Acquires Majority Stake in Safe-Guard Products International

July 15, 2024

Insurance

Hellman & Friedman has closed a majority investment in Safe-Guard Products International, a leading provider of third-party private-label finance and insurance protection products for the automotive, RV, marine, and powersports markets. Stone Point Capital will remain a partner on the board, and Safe-Guard’s management team will continue to lead the business with Randy Barkowitz named Executive Chairman and David Pryor assuming the role of CEO.

Stone Point Capital Acquires SambaSafety from ABRY Partners

September 1, 2021

Data & Analytics

Stone Point Capital acquired SambaSafety, a provider of cloud-based mobility risk management software, from ABRY Partners; the deal closed on September 1, 2021. SambaSafety, which serves employers, insurers, and background screeners with driver data and analytics and counts over 15,000 customers, will become part of Stone Point's portfolio to expand its exposure to risk, insurance, and data analytics capabilities.

SoundThinking Acquires SafePointe

August 22, 2023

Professional Services

SoundThinking, Inc. (Nasdaq: SSTI) acquired SafePointe, LLC, an AI-based intelligent weapons detection provider, on August 18, 2023. The deal expands SoundThinking's SafetySmart platform by adding weapons detection capabilities and provides cross-selling opportunities into commercial and enterprise verticals such as hospitality, education and healthcare.

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 and Co-Investors Acquire 20% Stake in Truist Insurance Holdings

April 3, 2023

Financial Services

Funds managed by Stone Point Capital, with co-investors including Mubadala Investment Company and other unnamed investors, acquired a 20% minority stake in Truist Insurance Holdings from Truist Financial Corporation for $1.95 billion, implying an aggregate valuation of $14.75 billion. Truist retains an 80% majority stake; the partnership is intended to provide growth capital and industry expertise to support future growth and consolidation of the insurance business.

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.