Stone Point seals Truist Insurance minority buy-in at $14.75bn valuation
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Stone Point seals Truist Insurance minority buy-in at $14.75bn valuation

Adam McNestrie
February 16, 2023
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Stone Point has finalized a deal with Truist to acquire a 20% stake in its insurance broking business at a valuation of $14.75bn, the companies announced today.

Inside P&C revealed in early January that Stone Point was one of the two remaining parties in the process, and reported on February 1 that the Chuck Davis-led PE house was the last man standing.

The

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