Stone Point- and Further Global-led Consortium Acquires Duff & Phelps for $4.2 Billion

Clayton, Dubilier & Rice Acquires Focus Financial Partners

February 27, 2023

Wealth Management

Clayton, Dubilier & Rice (CD&R), with continued investment from Stone Point Capital, agreed to acquire Focus Financial Partners in an all-cash transaction valuing the company at an enterprise value in excess of $7 billion. Focus stockholders will receive $53 per share; Stone Point will retain a portion of its investment and provide new equity financing to support Focus as a private company, which the buyers say will provide greater financial and operating flexibility to grow the partner-firm network.

Further Global-Led Consortium Acquires Phaidon International from Quilvest

July 18, 2022

Staffing & HR

Funds managed by Further Global, supported by investor capital from Neuberger Berman, Pictet and OPTrust, have agreed to acquire Phaidon International from current sponsor Quilvest Capital Partners. The transaction will see Quilvest exit while management retains a significant stake; the investment is intended to fuel Phaidon's global growth and expansion to more than 1,400 staff and 15 offices.

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 Takes Significant Stake in The Ardonagh Group at $14B Valuation

December 17, 2024

Insurance

Funds managed by Stone Point Capital are making an equity investment in The Ardonagh Group that values the business at $14 billion, with completion expected in mid-2025. Stone Point will become a significant shareholder alongside Madison Dearborn Partners, HPS Investment Partners and co-investors including a subsidiary of the Abu Dhabi Investment Authority; the deal supports Ardonagh's continued platform and geographic growth in global P&C insurance and is subject to customary regulatory approvals.

Warburg Pincus Recapitalizes Kestra Financial; Stone Point Retains Minority Stake

February 25, 2019

Financial Services

Warburg Pincus agreed to acquire a majority interest in Kestra Financial in a recapitalization transaction, with funds managed by Stone Point Capital retaining a minority stake and Kestra management and certain advisors keeping equity. The deal will provide growth capital to expand Kestra's advisor platform, technology and recruiting initiatives and is expected to close subject to regulatory approvals.

Stone Point Capital and CPP Investments Buy Majority Stake in OneDigital

September 19, 2025

Insurance

Stone Point Capital and CPP Investments have acquired a majority stake in OneDigital from Onex in a private-equity led transaction. The investment will support OneDigital’s continued growth and capability expansion across its insurance, employee benefits, HR and retirement services platform, while Onex exits a controlling position.