Stake Purchase • Business Services

Stone Point Capital Invests In Verisight

On August 1, 2013, private equity firm Stone Point Capital invested in business services company Verisight

Investment Context
  • This is Stone Point Capital’s 8th transaction in the Business Services sector.
  • This is Stone Point Capital’s 45th transaction in the United States.
  • This is Stone Point Capital’s 1st transaction in Arizona.

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Investment Summary

Date August 1, 2013
Target Verisight
Sector Business Services
Investor(s) Stone Point Capital
Deal Type Stake Purchase

Target Company

Verisight

Scottsdale, Arizona, United States
Verisight is an independent provider of recordkeeping and administration services to U.S. retirement plans. The company has in excess of $20 billion in assets under administration and provides services to more than 500,000 employee participants. Verisight is based in Scottsdale, Arizona.
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Investor Overview 1

Investor

Stone Point Capital

Greenwich, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 55.0B 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 $75 and $750 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 Context for Investor #
Overall 56 of 121
Sector: Business Services 8 of 20
Type: Stake Purchase 9 of 13
State: Arizona 1 of 3
Country: United States 45 of 109
Year: 2013 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-01 New Ocean Capital

Hamilton, Bermuda

New Ocean Capital is an asset manager focused on sourcing investment opportunities in the traditional (re)insurance market, the collateralized reinsurance market, and the reinsurance capital markets. New Ocean Capital is based in Hamilton, Bermuda.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-01 Lancaster Pollard

Columbus, Ohio, United States

Lancaster Pollard is a commercial real estate mortgage and investment banking firm focused on the senior-living and healthcare sectors. Lancaster Pollard originates mortgage loans for senior living, community healthcare, and affordable housing properties. The Company underwrites and places debt with institutional buyers through its broker-dealer subsidiary and has established an investment management platform to invest in senior living properties. Lancaster Pollard is based in Columbus, Ohio.

Buy -