Stone-Goff Partners Invests in Adar, with Five Points Capital Financing

Adar (Stone-Goff Partners Portfolio Company) Acquires Rigid Bits

July 20, 2022

Cybersecurity

Adar, an IT managed services provider and portfolio company of Stone-Goff Partners, acquired cybersecurity firm Rigid Bits to expand its security and compliance capabilities for insurance-industry clients. The deal brings penetration testing, vulnerability assessments, and program development into Adar’s service offering and adds Rigid Bits’ founder Jeff Oden to Adar’s leadership team.

Stone-Goff Partners and Five Points Capital Invest in MojoTech

March 3, 2022

IT Services

Stone-Goff Partners has made a growth investment in MojoTech, a Providence-based onshore software engineering and product development firm. Five Points Capital provided growth capital and an equity co-investment to support the transaction; proceeds will fund expansion of MojoTech's delivery team and opportunistic M&A.

Stone-Goff Partners Invests in Spotlight AR

December 8, 2021

Marketing & Advertising

Stone-Goff Partners made a growth investment in Spotlight AR alongside the company's founding partners to support expansion of sales and marketing, continued development of its proprietary analyst relations platform, and potential acquisitions. Spotlight AR, founded in 2012 and headquartered in Kansas City, Missouri, serves more than 100 clients and has over 125 employees.

Stone Point Takes Significant Stake in The Ardonagh Group at $14B Valuation

December 17, 2024

Insurance

Funds managed by Stone Point Capital are making an equity investment in The Ardonagh Group that values the business at $14 billion, with completion expected in mid-2025. Stone Point will become a significant shareholder alongside Madison Dearborn Partners, HPS Investment Partners and co-investors including a subsidiary of the Abu Dhabi Investment Authority; the deal supports Ardonagh's continued platform and geographic growth in global P&C insurance and is subject to customary regulatory approvals.

Stone Point Leads Growth Investment in Bullhorn; Insight Partners and Genstar Remain Investors

September 8, 2020

Cloud & SaaS

Stone Point Capital has agreed to become the lead investor in Bullhorn, the cloud-based recruitment software provider, with Insight Partners and Genstar Capital remaining as investors. The minority growth investment (terms undisclosed) will provide capital to accelerate Bullhorn's Unified Workforce Management roadmap and support the company's continued expansion in the global staffing and recruiting market.

Georgia Oak Partners Leads Growth Investment in Aditi Consulting

March 16, 2021

IT Services

Aditi Consulting has raised a capital investment led by private equity firm Georgia Oak Partners, which also joined Aditi’s board. The funding will be used to expand Aditi’s go-to-market efforts and further develop its technology and services capabilities to accelerate customer digital transformation.