Stone Point Completes Strategic Investment in OneDigital

Paul, Weiss advised Stone Point Capital on the financing aspects of its majority investment, alongside Canada Pension Plan Investment Board (CPP Investments), in OneDigital, an insurance brokerage, financial services and workforce consulting firm. The transaction values OneDigital in excess of $7 billion and will support the company’s continued growth. Stone Point Capital and CPP Investments acquired the majority stake from existing shareholders, including Onex Partners, which will remain a significant minority owner.

The Paul, Weiss team was led by corporate partners Eric Wedel and Ben Steadman, and included partner Caroline Epstein.