Simpson Thacher represented Businessolver, a portfolio company of investment funds affiliated with Stone Point Capital LLC, in connection with its acquisition of The Capstone Group. Financial terms of the transaction were not disclosed.
The Capstone Group is a leading firm in employee benefits outsourcing, risk management and compliance solutions. This strategic investment extends Businessolver’s presence and expertise in benefits technology and outsourcing to its more than 800 clients.
Simpson Thacher represented Stone Point in connection with its majority acquisition of Businessolver in December 2021.
The Simpson Thacher team included Elizabeth Cooper, Mark Viera, and Cathleen Ye (M&A); Larry Moss, Alisa Tschorke and Hannah Daniels (Executive Compensation and Employee Benefits); Benjamin Rippeon, William Smolinski and Matt Lester (Tax); Lori Lesser, Vanessa Burrows, Bobbie Burrows, Rachelle Broida and Nawa Lodin (Intellectual Property); Krista McManus (Real Estate); and Rick Jamgochian and Kelly Karapetyan (Antitrust). David Goodman provided valuable assistance.