M&A Deal Summary

Stone Point Capital Acquires Eagle Point

On December 1, 2012, private equity firm Stone Point Capital acquired financial services company Eagle Point

Acquisition Highlights
  • This is Stone Point Capital’s 17th transaction in the Financial Services sector.
  • This is Stone Point Capital’s 41st transaction in the United States.
  • This is Stone Point Capital’s 4th transaction in Connecticut.

M&A Deal Summary
Date 2012-12-01
Target Eagle Point
Sector Financial Services
Buyer(s) Stone Point Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Eagle Point

Greenwich, Connecticut, United States
Eagle Point Credit originates collateralized loan obligations (CLOs) and acquires controlling stakes in the equity and junior debt tranches of those CLOs. Eagle Point was founded in 2012 and is based in Greenwich, Connecticut.

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Buyer(S) 1

Buyer

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor

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 51 of 114
Sector (Financial Services) 17 of 36
Type (Buyout (LBO, MBO, MBI)) 27 of 36
State (Connecticut) 4 of 5
Country (United States) 41 of 101
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-01 Cunningham Lindsey Group

Mississauga, Ontario, Canada

Cunningham Lindsey Group is a provider of insurance claims management services, including claims adjusting, appraisal and claims and risk management for property and casualty insurance losses.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 NEBCO Insurance Services

Greenwich, Connecticut, United States

NEBCO Insurance Services, is a Greenwich‑based, high-net-worth-oriented personal lines insurance broker. The company was founded in 1979 and provides insurance and financial services nationwide with concentrations in the greater New York City area, Coastal New England and Florida. NEBCO is currently licensed in all 50 states, allowing the company to cost-effectively insure client assets in multiple locations. In addition, NEBCO operates a high-touch customer service model, handling claims on behalf of customers on a 24x7 basis.

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