General Atlantic and Stone Point Capital complete acquisition of HireRight Holdings Corporation
06/29/24, 7:42 AM
Location
Industry
finance
finance
financial services
risk management
information technology
software
HireRight Holdings Corporation, a leading provider of global background screening services and workforce solutions, has announced the completion of its sale to investment funds affiliated with General Atlantic, L.P. and Stone Point Capital LLC in an all-cash merger transaction representing a total enterprise value of approximately $1.7 billion.
Company Info
Location
New York, New York, United States
Company info
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. It has a significant history in technology investments and aims to help companies maintain and improve their market standing through the right investment and portfolio optimization. General Atlantic is owned by funds managed by General Atlantic and affiliates.
Location
Greenwich, Connecticut, United States
Company info
Stone Point is an investment firm based in Greenwich, CT, with more than $55 billion of assets under management. Stone Point targets investments in companies in the global financial services industry and related sectors. The firm invests in alternative asset classes, including private equity through its flagship Trident Funds and credit through commingled funds and separately managed accounts. In addition, Stone Point Capital Markets supports its firm, portfolio companies and other clients by providing dedicated financing solutions.
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