Alliant Insurance Services Receives Equity Investment from Stone Point Capital

AlliantLogoAlliant Insurance Services, a Newport Beach, CA-based specialty insurance brokerage firm, received an equity investment from funds managed by Stone Point Capital LLC.

The amount of the deal was not disclosed.

In connection with the transaction, funds managed by Stone Point will become Alliant’s largest institutional shareholders. Following the transaction, existing shareholders, which include the company’s management and producers as well as funds affiliated with KKR, will remain significant shareholders.

Led by Tom Corbett, Chairman and Chief Executive Officer, Alliant is an insurance brokerage firm that provides property and casualty, workers’ compensation, employee benefits, surety, and financial products and services to more than 26,000 clients nationwide, including public entities, tribal nations, healthcare, energy, law firms, real estate, construction, and other industry groups.

FinSMEs

23/06/2015

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