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Announced

KKR completed the acquisition of a minority stake in SunFireMatrix from Stone Point Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

tech-enabled services

Completed

Single Bidder

Private

Friendly

Private Equity

Software

United States

insurance distribution

Acquisition

Domestic

Synopsis

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KKR, a global investment firm, completed the acquisition of a stake in SunFireMatrix, a software and tech-enabled services platform serving the insurance distribution and health plan markets, from Stone Point Capital, a private equity company. Financial terms were not disclosed. “We are excited to strategically partner with KKR, given our shared commitment to transforming the healthcare landscape. KKR and Stone Point’s support provides us with unique access and guidance, helping us to continue to grow and serve our customers and beneficiaries,” David Graf, SunFireMatrix CEO.

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