#USA #Atlanta #OneDigital #CPP Investments #Stone Point Capital

OneDigital Secures Major Investment from Stone Point Capital and CPP Investments

On September 19, 2025, OneDigital, a leading player in insurance brokerage, financial services, and workforce consulting, disclosed that it has secured a majority investment from funds managed by Stone Point Capital and the Canada Pension Plan Investment Board (CPP Investments). The valuation of OneDigital surpassed USD $7 billion with this latest investment aimed at facilitating the firm's upcoming growth phase, combining organic growth with strategic acquisitions.

Investment Details

This strategic maneuver allows Stone Point and CPP Investments to acquire a stake from existing shareholders, including Onex Partners, which will maintain a significant minority holding. Adam Bruckman, the President and CEO of OneDigital, emphasized that this partnership will not only accelerate their current strategies but also enable substantial investments in talent and technology. The goal is to enhance their service capabilities, ensuring they remain robust for their clientele.

Bruckman stated, "This commitment signifies two high-quality investors rallying behind our platform that integrates various verticals. This partnership will empower us to keep advancing – investing in people and technology while refining our services to better serve our clients." Over the past five years, OneDigital has impressively expanded its platform, thanks to the backing from Onex.

Jarryd Levine, Managing Director at Stone Point Capital, remarked on the firm’s excitement about OneDigital's growth trajectory, stating, "OneDigital represents an opportunity to engage with a founder-led leadership team that boasts a remarkable history of innovation and growth. We are keen on collaborating as we embark on this next value-creation journey."

Continuing Expansion

OneDigital's commitment to fostering a strong relationship with clients is evident in their continuing investment strategies. Sam Blaichman from CPP Investments highlighted the firm’s dedication to supporting OneDigital’s ongoing expansion initiatives to drive value to the CPP Fund. He lauded OneDigital’s client-focused approach, which has built a resilient business capable of delivering vital solutions and advice to both organizations and individuals.

Currently celebrating 25 years in the industry, OneDigital remains committed to delivering integrated solutions that empower both firms and individuals. This latest deal marks the company's fourth equity recapitalization, reflecting enduring confidence in its unique operating model and sustained growth across key sectors including employee benefits, retirement wealth management, property casualty, PEO, and Medicare Advantage.

Advisors and Next Steps

For this transaction, Evercore acted as the lead financial advisor, while Ardea Partners and Barclays provided additional financial guidance. Legal counsel was supplied by Kirkland & Ellis for OneDigital, with J.P. Morgan and RBC Capital Markets advising Stone Point. The closing of the transaction is expected to occur in the fourth quarter of 2025, pending necessary regulatory approvals.

About OneDigital

Founded in 2000 and headquartered in Atlanta, OneDigital's focus is on delivering tech-enabled, personalized solutions for modern workplace challenges. Their teams provide a broad spectrum of insurance and financial services, recognized nationally for their dedication to building a caring culture. They serve over 100,000 employers and millions of individuals across the nation.

For further information on OneDigital, visit onedigital.com.

About Stone Point Capital

Stone Point Capital is based in Greenwich, CT, managing over USD 70 billion in assets, primarily focusing on investments in the global financial services sector. The firm also engages in alternative asset managing, including private equity and credit solutions, helping foster growth within their portfolio companies.

About CPP Investments

The Canada Pension Plan Investment Board manages the Canada Pension Plan Fund with a commitment to investing diversely in global markets to benefit contributors. As of June 30, 2025, the Fund has total assets of C$731.7 billion, demonstrating a strong dedication to sustainable investment practices.

As OneDigital gears up for its next chapter with robust backing from strategic investors, the future looks promising. Investors and clients alike can expect an unwavering commitment to empowerment through integrated solutions, all aimed at fostering better outcomes in health and financial security.