KKR buys Alliant from Blackstone News

Specialty insurance brokerage Alliant Insurance Services announced what it termed “a significant equity investment” from funds managed by Stone Point Capital LLC. The Newport Beach, California-based broker, which is also backed by the investment manager Kohlberg Kravis Roberts & Co. …

Global investment firm Kohlberg Kravis Roberts & Co. L.P. said it will acquire Alliant Insurance Services Inc., a specialty insurance brokerage firm based in California, from another investment firm, Blackstone, which acquired its interest in Alliant in 2007. Terms of …