Private Equity Round - Truist Insurance Holdings
Investment Firm
Overview
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.
Announced Date
Feb 20, 2024
Closed on Date
May 07, 2024
Funding Type
Private Equity
Highlights
Location
United States, North America
Social
Investor Lead
N/A
Participant Investors
2
| Investor Name |
|---|
 CD&R LLP |
Round Details and Background
Truist Insurance Holdings raised an undisclosed amount on 2024-02-20 in Private Equity Round
Truist Insurance Holdings is a subsidiary of Truist Financial Corporation and the sixth-largest insurance brokerage.
Company Funding History
2
| Announcment Date | Transaction Name | Number Of Investors | Lead Investor | Money Raised |
|---|---|---|---|---|
| Feb 16, 2023 |  Secondary Market - Truist Insurance Holdings | 2 | - | 1950.0M |
| Feb 20, 2024 | Private Equity Round - Truist Insurance Holdings | 2 | - | undefined |
Recent Activity
News
May 07, 2024
PR Newswire - Truist completes previously announced sale of Truist Insurance Holdings to investor group led by Stone Point Capital and CD&R
News
Feb 20, 2024
PR Newswire - Truist announces agreement to sell remaining stake in Truist Insurance to investor group led by Stone Point Capital and Clayton, Dubilier & Rice, valuing Truist Insurance Holdings at $15.5 billion