Stone Point Capital and CPP Investments back OneDigital

OneDigital has announced a majority investment from Stone Point Capital and CPP Investments in a deal valuing the firm at more than $7 billion.

The investment includes the acquisition of a stake from existing shareholders, with Onex Partners remaining a significant minority owner.

Founded in 2000 and headquartered in Atlanta, OneDigital provides insurance, financial services, and workforce consulting across five core verticals: employee benefits and HR, retirement and wealth management, property & casualty, PEO, and Medicare Advantage. The firm serves more than 100,000 employers and millions of individuals nationwide.

The transaction marks OneDigital’s fourth equity recapitalization and will support its next phase of growth through organic expansion and strategic acquisitions.