Top six US broker Truist to sell ~$2bn stake to PE house Stone Point at $14bn+ value

16-02-2023

Top six US broker Truist to sell ~$2bn stake to PE house Stone Point at $14bn+ value

Truist Financial is selling a minority stake in its $14.75 billion insurance brokerage business to private equity house Stone Point Capital in a bid to strategically position the business for future growth opportunities.


Truist Financial, Stone Point Capital, Capital partner, Brokerage, Private equity, Strategy, Growth, Transaction, Insurance, Reinsurance, North America

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