Stone Point and CD&R strike $15.5bn deal to acquire Truist
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Stone Point and CD&R strike $15.5bn deal to acquire Truist

The enterprise value is around 18x Truist Insurance’s 2023 core Ebitda.

By Rachel Dalton
February 20, 2024
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Truist logo financials.jpg

Stone Point and Clayton Dubilier & Rice (CD&R) have struck a deal to acquire Truist Financial’s remaining 80% stake in Truist Insurance, in a deal that values the broker at $15.5bn.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

M&A News
Gift this article