Stone Point Capital Acquires ECN Capital's Kessler Group Business

Warburg Pincus–Led Investor Group Acquires ECN Capital Corp. in C$1.9 Billion Take-Private

November 14, 2025

Financial Services

ECN Capital Corp. entered into and completed a court-approved plan of arrangement to be acquired for C$3.10 per common share in cash by a newly formed acquisition vehicle controlled by an investor group led by Warburg Pincus and including Goodview Capital. The deal also bought ECN Capital’s Series C and Series E preferred shares for C$26 and C$3.10 per share, respectively, and closed on April 24, 2026, with the company expected to delist from the Toronto Stock Exchange.

Stone Point Capital Agrees to Acquire Majority Interest in Kestra Holdings (Recapitalization)

October 19, 2024

Financial Services

Funds managed by Stone Point Capital have agreed to acquire a majority interest in Kestra Holdings’ parent partnership, replacing Warburg Pincus as the current partner. Oak Hill Capital will remain a minority owner, while the Kestra management team and Bluespring-affiliated principals will retain equity positions.

Wealth Enhancement Group Acquires Kings Point Capital Management

June 2, 2022

Wealth Management

Wealth Enhancement Group, a Minneapolis-based independent wealth management firm, has acquired Kings Point Capital Management, an independent RIA with offices in Great Neck, New York and Brentwood, Tennessee. The deal brings Kings Point’s $1.7 billion in client assets onto Wealth Enhancement Group’s platform, increasing the firm’s total client assets to about $55 billion and adding a team of five advisors plus 11 support staff.

Stone Canyon Industries Holdings Acquires Kissner Group Holdings

February 3, 2020

Manufacturing

Stone Canyon Industries Holdings LLC agreed to acquire Kissner Group Holdings LP, a leading North American producer and supplier of rock, specialty and evaporated salt. Sellers included Metalmark Capital Holdings LLC and Silvertree-KMC II LP; terms were not disclosed in the initial announcement and the deal subsequently closed at approximately $2.0 billion.

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 Acquires Eliassen Group

November 5, 2008

Staffing & HR

Funds managed by Stone Point Capital have acquired Eliassen Group, a Reading, Massachusetts–based strategic consulting and talent solutions firm focused on IT staffing, Agile consulting, managed services and life sciences. The transaction transfers Eliassen Group from former sponsor Riverside Partners to Stone Point, which plans to support the company’s continued national growth and expansion.