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Stone Point to acquire Fiserv's insurance businesses for $540m03/07/2008. Source: AltAssets. 
 Greenwich, Connecticut-based Stone Point Capital has agreed to acquire a 51 per cent interest in the insurance businesses of IT services provider Fiserv, Inc. for $540m. Stone Point will make the investment from its Trident IV fund.
The investment will consist of an approximate $205m equity investment and $335m in debt.
Fiserv will retain a 49 per cent equity interest in the businesses, which will be known as Fiserv Insurance Solutions, and the current management team and employee base are expected to continue with the company.
Stone Point primarily targets investments in the insurance and financial services industries, including insurance underwriting, distribution and services, benefits and healthcare, asset management and retirement savings, and banking and depository institutions.
Stone Point closed Trident IV in 2007 on $2.25bn.
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