OneDigital Plans More Expansion With $2.3B Investment from Canada, Stone Point

Atlanta-based insurance and benefits brokerage OneDigital is the beneficiary of a $2.3 billion investment – a majority stake to be taken by the Canada Pension Plan and Stone Point Capital.

The investment comes through an acquisition of a stake from existing shareholders, including Onex Partners, which will remain a significant minority owner, OneDigital said in a news release last week.

Founded 25 years ago, OneDigital offers a range of services, including personal and business insurance, claims consulting, employee benefits and retirement services. The firm has grown steadily in the last two decades and has big plans for continued expansion, thanks in part to the cash infusion.

“We are enthusiastic about OneDigital’s growth potential and look forward to collaborating with the team as we enter the next phase of value creation,” Jarryd Levine, managing director at Connecticut-bsed Stone Point, said in a statement.

“OneDigital’s strong culture and differentiated focus on its clients has helped create a resilient business that delivers essential advice and solutions for businesses and individuals,” said Sam Blaichman, managing director and head of direct private equity for Canada Pension Plan investments.

Adam Bruckman is CEO and co-founder of OneDigital. “This partnership gives us the fuel to keep building – investing in both people and technology, while sharpening our capabilities and showing up even stronger for our clients,” he said.

The deal, which values OneDigital at $7 billion, is expected to close by the end of this year, if approved by regulators, the company said. OneDigital is not a publicly traded company.

The company was ranked 41^st on Insurance Journal’s Top 100 Property/Casualty Agencies for 2025, with almost $95 million in property/casualty revenue.

Topics Canada