Private equity firm Stone Point Capital completed the investment in Allied Benefit Systems, an independent third-party administrator of group health benefits. Financial terms were not disclosed. "We are thrilled to partner with Stone Point as we enter our next phase of growth. Stone Point's network of relationships across the employee benefits brokerage and insurance ecosystems is second to none, and we look forward to working together to create value for our clients, partners and the members we serve," Mitch Wilneff, Allied CEO.