Stone Point Capital and CPP Investment Board's investment in OneDigital and its Canadian subsidiary PWL Capital Inc.

On December 4, 2025, OneDigital and its Canadian subsidiary PWL Capital Inc., a Canadian investment dealer and CIRO member, closed on a majority investment from funds managed by Stone Point Capital and Canada Pension Plan Investment Board. The transaction values OneDigital in excess of US$7 billion and will support the company’s continued growth through a combination of organic expansion and strategic acquisitions. Stone Point Capital and CPP Investments made this investment through the acquisition of a stake from existing shareholders, including Onex Partners, which will remain a significant minority owner.

OneDigital is an insurance brokerage, financial services and workforce consulting firm headquartered in Atlanta, Georgia.

McCarthy Tétrault assisted OneDigital and its Canadian subsidiary PWL Capital Inc., a Canadian investment dealer and CIRO member with a team led by Sonia Struthers that included Vincent Yip (Intellectual Property), Fred Purkey, Randy Schwarz, Simon Douville (Tax), Ruo Lan Wang, Laura Fabi, Ann Walker (Business), Annabelle Lecluse-Moka (Corporate), Monika Satani and Lauren Sheridan (Securities).