Key Takeaways
- • Stone Point Capital has acquired Ever.Ag's risk management business, which serves dairy, swine, cattle, and grain operators with commodity price hedging solutions combining insurance, advisory services, derivatives brokerage, and proprietary technology.
- • The acquired business will operate independently under current management and rebrand, while Ever.Ag refocuses on software, artificial intelligence, and tech-enabled services for agricultural supply chain customers, with both entities expected to maintain commercial ties.
- • Stone Point Capital, which manages over $75 billion in assets, identified the acquisition as a strategic entry point at the intersection of insurance, brokerage, technology, and advisory services within the agricultural sector.
- • Pete Turk, co-founder and executive chairman of the risk management business, stated that Stone Point's experience and resources will accelerate the business's strategy; deal terms were not disclosed.
- • William Blair served as financial advisor to Ever.Ag with Orrick, Herrington & Sutcliffe providing legal counsel, while Sidley Austin advised Stone Point Capital on the transaction.
Summary
Stone Point Capital, a major alternative asset manager overseeing more than $75 billion, has completed the acquisition of Ever.Ag's risk management business. The transaction enables Ever.Ag to concentrate its operations on software development, artificial intelligence applications, and technology-enabled services serving agricultural supply chain customers, while allowing Stone Point to establish a platform in the specialized agricultural risk management sector.
Ever.Ag's risk management business provides commodity price hedging solutions to operators across dairy, swine, cattle, and grain production. The platform integrates insurance products, advisory services, derivatives brokerage capabilities, and proprietary technology with market data to help agricultural producers manage exposure to commodity price volatility. The acquisition allows Stone Point to acquire established operational infrastructure, client relationships, and technology assets in a sector that combines insurance underwriting, derivatives brokerage, and data-driven analytics—all areas of strategic interest to the investment firm.
Under the transaction structure, the acquired business will operate as an independent entity led by existing management while operating under a new brand identity. Pete Turk, co-founder and executive chairman of the risk management business, characterized Stone Point as bringing "experience and resources that will accelerate its strategy." Chuck Davis, chairman and co-chief executive officer of Stone Point Capital, framed the investment as an opportunity to build a business operating at "the intersection of insurance, brokerage, technology and advisory services."
Both Ever.Ag and Stone Point expect to maintain commercial relationships post-acquisition, preserving potential synergies between the newly independent risk management platform and Ever.Ag's continued focus on agricultural technology and supply chain services. William Blair provided financial advisory services to Ever.Ag, with Orrick, Herrington & Sutcliffe serving as legal counsel to the seller. Sidley Austin advised Stone Point Capital on the transaction. The parties did not disclose transaction valuation or deal terms.
Ever.Ag's risk management business provides commodity price hedging solutions to operators across dairy, swine, cattle, and grain production. The platform integrates insurance products, advisory services, derivatives brokerage capabilities, and proprietary technology with market data to help agricultural producers manage exposure to commodity price volatility. The acquisition allows Stone Point to acquire established operational infrastructure, client relationships, and technology assets in a sector that combines insurance underwriting, derivatives brokerage, and data-driven analytics—all areas of strategic interest to the investment firm.
Under the transaction structure, the acquired business will operate as an independent entity led by existing management while operating under a new brand identity. Pete Turk, co-founder and executive chairman of the risk management business, characterized Stone Point as bringing "experience and resources that will accelerate its strategy." Chuck Davis, chairman and co-chief executive officer of Stone Point Capital, framed the investment as an opportunity to build a business operating at "the intersection of insurance, brokerage, technology and advisory services."
Both Ever.Ag and Stone Point expect to maintain commercial relationships post-acquisition, preserving potential synergies between the newly independent risk management platform and Ever.Ag's continued focus on agricultural technology and supply chain services. William Blair provided financial advisory services to Ever.Ag, with Orrick, Herrington & Sutcliffe serving as legal counsel to the seller. Sidley Austin advised Stone Point Capital on the transaction. The parties did not disclose transaction valuation or deal terms.
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