Investment Summary

Stone Point Capital Invests In ClearPoint Health

On January 8, 2024, private equity firm Stone Point Capital invested in insurance company ClearPoint Health

Investment Highlights
  • This is Stone Point Capital’s 30th transaction in the Insurance sector.
  • This is Stone Point Capital’s 97th transaction in the United States.
  • This is Stone Point Capital’s 2nd transaction in South Carolina.

Investment Summary

Date 2024-01-08
Target ClearPoint Health
Sector Insurance
Investor(s) Stone Point Capital
Deal Type Growth Capital

Target

ClearPoint Health

Columbia, South Carolina, United States
ClearPoint Health is a full-service medical stop-loss captive platform for small and mid-sized employers. ClearPoint is a provider-sponsored medical stop-loss captive, an innovative new insurance program. ClearPoint Health is based in Columbia, South Carolina.

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Investor(S) 1

Investor

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 110 of 114
Sector (Insurance) 30 of 31
Type (Growth Capital) 17 of 17
State (South Carolina) 2 of 2
Country (United States) 97 of 101
Year (2024) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 EverBank

Jacksonville, Florida, United States

EverBank provides full-service, nationwide banking and lending services to consumer, commercial and institutional clients through a variety of channels, including online, its Florida-based financial centers and at other business offices throughout the country. EverBank is based in Jacksonville, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-16 HireRight

Nashville, Tennessee, United States

HireRight is a global background screening company that offers innovative solutions to help organizations screen and manage their workforce. HireRight was founded in 1990 and is based in Nashville, Tennessee.

Buy $1.7B