M&A Deal Summary

Stone Point Capital Acquires Homepoint

On August 1, 2014, private equity firm Stone Point Capital acquired financial services company Homepoint

Acquisition Highlights
  • This is Stone Point Capital’s 22nd transaction in the Financial Services sector.
  • This is Stone Point Capital’s 53rd transaction in the United States.
  • This is Stone Point Capital’s 1st transaction in Michigan.

M&A Deal Summary
Date 2014-08-01
Target Homepoint
Sector Financial Services
Buyer(s) Stone Point Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Homepoint

Ann Arbor, Michigan, United States
website
Homepoint is a mortgage banking business that is focused on residential mortgage origination, servicing, and asset management. Homepoint was founded in 2014 and is based in Ann Arbor, Michigan.

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Buyer(S) 1

Buyer

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1994
PE ASSETS 25.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Stone Point Capital is a private equity firm that targets investments in financial services sector. Specific areas of interest include insurance underwriting, outsourcing service providers to financial institutions, specialty lending and other credit opportunities, employee benefits and healthcare, asset management/retirement savings, and banking/depository institutions. Stone Point looks to commit between $5 and $500 million of equity per transaction and will consider control or substantial minority positions. Geographic areas of interest include North America and Europe. Stone Point Capital was formed in 1994 and is based in Greenwich, Connecticut.

DEAL STATS #
Overall 64 of 103
Sector (Financial Services) 22 of 32
Type (Buyout (LBO, MBO, MBI)) 29 of 34
State (Michigan) 1 of 1
Country (United States) 53 of 90
Year (2014) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Amherst Holdings

Austin, Texas, United States

Amherst Holdings is a specialist broker-dealer focused on high-grade, mortgage-related securities and their derivatives.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 AAM

Chicago, Illinois, United States

AAM is an asset management firm providing fixed income asset management services to insurance companies. The company manages core fixed income assets on behalf of property & casualty and life insurance clients and offers convertible bond and high yield products through sub-advisory relationships.

Sell -
Mergr

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