Stone Point Capital Takes Majority Stake in Businessolver
December 1, 2021
Funds managed by Stone Point Capital have made a majority investment in Businessolver, the West Des Moines–based SaaS benefits technology provider. Existing investors Warburg Pincus and JMI Equity remain invested as the company prepares to accelerate product development, expand data science and engineering capabilities, and grow its U.S. footprint.
- Buyers
- Stone Point Capital, Warburg Pincus, JMI Equity
- Targets
- Businessolver
- Industry
- Cloud & SaaS
- Location
- Iowa, United States
- Transaction Type
- Buyout
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