M&A TRANSACTION · 2024
Truist Insurance Holdings (TIH) acquired by Stone Point Capital / Clayton, Dubilier & Rice / Mubadala
$15.50B· 18.0x EBITDA· 4.50x revenue
Target
Truist Insurance Holdings (TIH)
Charlotte, NC
5th largest insurance brokerage in the US, formerly part of Truist Financial Corporation. Includes McGriff Insurance Services and other brokerage operations.
Acquirer
Stone Point Capital / Clayton, Dubilier & Rice / Mubadala
Private Equity buyer
Disclosed financials at time of acquisition
Revenue
$3460.0M
EBITDA
$861.0M
Deal Value
$15.50B
EV/EBITDA
18.0x
Context
This $15.50B acquisition of Truist Insurance Holdings (TIH) by Stone Point Capital / Clayton, Dubilier & Rice / Mubadala sits in the insurance agency sub-vertical. The 18.0x EBITDA multiple paid in 2024 can be compared against the population median for insurance agency transactions of similar size on our Insurance Agency valuation hub. Stone Point Capital / Clayton, Dubilier & Rice / Mubadala is acquiring as a private equity buyer; see how PE acquirers typically price insurance agency businesses on our Insurance Agency PE buyer-pool page.
Source
Data sourced from Press Release — primary source. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology
Value your own insurance agency
Get an instant valuation range for your business. Backed by 25,592 real M&A transactions.
Compare your business to the Truist Insurance Holdings (TIH) acquisition.