Stone Capital invests in Alliant Insurance Services

By Iris Dorbian — 5 months ago

Alliant Insurance Services, which is backed by KKR, has secured an undisclosed investment from Stone Capital LLC. As a result of the transaction, KKR will remain a “significant” shareholder in Alliant. Headquartered in Newport Beach, California, Alliant Insurance Services is an insurance broker.


Blackstone to sell Alliant to KKR

By Luisa Beltran — 3 years ago

KKR is buying Alliant Insurance Services from the Blackstone Group. Financial terms weren’t announced. Alliant’s management and employees own about 45% of the company and are rolling over a “substantial portion,” a statement says. Alliant is a specialty insurance brokerage firm. The deal is expected to close in fourth quarter. JP Morgan Chase and Blackstone Advisory Partners acted as financial advisors to Blackstone.