STONE-GOFF PARTNERS

Thesis

Stone-Goff Partners is a private equity firm founded in 2010, headquartered in New York and Boston, that focuses on acquiring and building lower middle market, technology-driven business-to-business (B2B) service companies. Their investment strategy centers on companies that combine service offerings with technology, operate within clearly defined end markets, and are active participants in the knowledge economy. They primarily invest in business services, consulting services, marketing services, IT services, human capital and training, and outsourced services, with a strong interest in healthcare services and technology, as well as manufacturing services. The firm avoids early-stage companies, focusing instead on established businesses with proven, stable profitability and historical EBITDA between $3 million and $12 million. Their strategy involves buyout and growth investments, often being the first institutional capital invested. They look for companies with strong market positions, leading gross and EBITDA margins, recurring revenue models, and those evolving from service-only to include product offerings. Stone-Goff Partners IV (Fund IV) closed at $175 million in June 2023. They typically invest $25 million to $150 million in equity for healthcare-related investments, targeting companies with enterprise values in the lower to middle market range.

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• Series C+ Enterprise investors
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• Series C+ investors based in New York, NY