Announced

Completed

Stone Point Capital and CPP completed the acquisition of a majority stake in OneDigital from ONEX for $7b.

Synopsis

Stone Point Capital and CPP Investments, investment firms, completed the acquisition of a majority stake in OneDigital, an insurance brokerage, financial services and workforce consulting firm, from ONEX, an investment company, for $7b. "This commitment from Stone Point Capital and CPP Investments represents two high-quality investors aligning behind a single platform that integrates across a multitude of verticals. This partnership gives us the fuel to keep building – investing in both people and technology, while sharpening our capabilities and showing up even stronger for our clients. Over the past five years with Onex, we've meaningfully expanded our platform and are grateful for their continued investment," Adam Bruckman, OneDigital President and CEO.

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MergerLinks - Stone Point Capital and CPP completed the acquisition of a majority stake in OneDigital from ONEX for $7b.