Stone Point Capital to acquire Oasis Outsourcing

By Iris Dorbian — 1 year ago

Stone Point Capital has agreed to buy Oasis Outsourcing, a portfolio company of Nautic Partners and Altaris Capital Partners. No financial terms were disclosed. The deal is expected to close by the end of 2014. Oasis is a provider of human resources solutions for small and medium-sized businesses.

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EPIC co-founder Francis to leave

By Luisa Beltran — 1 year ago

Dan Francis, the Co-founder and Executive Chairman of Edgewood Partners Insurance Center, has elected to leave the company effective Nov. 1. San Francisco-based Edgewood Partners is a national retail property, casualty insurance brokerage and employee benefits consultant. The Carlyle Group acquired EPIC in 2013. Stone Point Capital is also an investor.

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PE-backed Sedgwick to acquire T&H

By Iris Dorbian — 1 year ago

Sedgwick Claims Management Services, a portfolio company of KKR and Stone Point Capital, has agreed to buy T&H. No financial terms were disclosed. The deal is expected to close in the next 60 days. Headquartered in Naperville, Illinois, T&H is a specialized claims services provider.

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Stone Point Capital buys LTCG

By Iris Dorbian — 2 years ago

Stone Point Capital has acquired LTCG. No financial terms were disclosed. Based in Eden Prairie, Minn., LTCG is a provider of business process outsourcing solutions for long-term care insurance.

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CPPIB agrees to buy Wilton Re for $1.8 bln

By Iris Dorbian — 2 years ago

Canada Pension Plan Investment Board said Friday that it has agreed to acquire Wilton Re for $1.8 billion. The sellers include Stone Point Capital, Kelso & Company, Vestar Capital Partners and FFL. Headquartered in Hamilton, Bermuda, Wilton Re is a life insurance provider for the U.S. market.

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PE-backed Auction.com adds former Oracle CFO to board of directors

By Iris Dorbian — 2 years ago

Auction.com has named Jeff Epstein to its board of directors. Epstein is the former chief financial officer for Oracle. Currently, he is an operating partner at Bessemer Venture Partners and a senior advice for Oak Hill Capital Partners. Auction.com, which is backed by Google Capital and Stone Point Capital, is an online real estate marketplace.

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CIVC Completes GWC Warranty Corporation Sale

By Angela Sormani — 3 years ago

CIVC Partners, a middle market private equity firm focused on investments in the financial services and business services sectors, has sold GWC Warranty Corporation to Stone Point Capital. Headquartered in Wilkes-Barre, PA, GWC is a marketer, administrator, and underwriter of vehicle service contracts sold through automobile dealers.

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Markel Inks $3.13 Bln Buy of Alterra

By Luisa Beltran — 3 years ago

Markel Corp. said Wednesday that it has agreed to buy Alterra Capital Holdings for about $3.13 billion. Each Alterra common share will be converted into the right to receive 0.04315 Markel common shares plus $10 million in cash. The deal is expected to close in the first half of 2013. Markel will end up owning 69% of the combined company wile Alterra will have about 31%. Alterra, a reinsurer, is backed by Stone Point Capital. Citigroup advised Markel while BofA Merrill Lynch provided financial advice to Alterra.

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