PSP Investments and Stone Point Capital Invest in Alliant Insurance Services

Stone Point Capital Makes Strategic Investment in Allied Benefit Systems

February 18, 2021

Healthcare Services

Funds managed by Stone Point Capital have made a strategic investment in Allied Benefit Systems, a Chicago-based third-party administrator of group health benefits. Allied's management will remain in place and the capital will support the company's next phase of growth as Stone Point positions Allied for market consolidation and continued expansion of its benefits and cost-containment solutions.

PSP Investments Makes Strategic Investment in SitusAMC

April 2, 2020

Real Estate

The Public Sector Pension Investment Board (PSP Investments) made a strategic minority investment in SitusAMC, joining Stone Point Capital as a long-term capital partner. Stone Point remains the largest shareholder and additional shares are held by SitusAMC management; the investment is intended to support SitusAMC's next phase of growth and transformation in the real estate finance industry.

Alliant Acquires BridgePoint Risk Management

January 5, 2021

Insurance

Alliant Insurance Services has acquired BridgePoint Risk Management, a national provider of personal and commercial risk management solutions. BridgePoint will join Alliant’s national platform and continue to service clients from its offices (including Greenwich, CT; Maumee, OH; Phoenix, AZ; Palm Beach and Naples, FL); terms were not disclosed.

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.

Alliant Insurance Services Acquires Highpoint Insurance Group

November 11, 2025

Insurance

Alliant Insurance Services has acquired Highpoint Insurance Group, a multi-line broker based in Friendswood, Texas. Highpoint’s 44 employees will operate as Alliant as the transaction expands Alliant’s footprint in the Greater Houston market and strengthens capabilities in commercial and personal lines as well as employee benefits, with growth opportunities in oil & gas and construction/surety.

Investcorp and PSP Investments Recapitalize CrossCountry Consulting

December 6, 2022

Consulting

Investcorp, together with Public Sector Pension Investment Board (PSP Investments), acquired a majority stake in CrossCountry Consulting in a recapitalization transaction; RLH Equity Partners reinvested and CrossCountry founders remain significant shareholders. The capital injection is intended to accelerate CrossCountry's geographic expansion, broaden service offerings (including technology-enabled advisory and cybersecurity), and support add-on acquisitions.