Stonehenge Partners Makes Minority Growth Investment in Stratus Surfaces
October 1, 2023
Stonehenge Partners has made a minority growth investment in Stratus Surfaces, an importer and wholesale distributor of natural stone, quartz and porcelain slabs. The capital will support Stratus's expansion into new U.S. markets and enable the company to pursue acquisition opportunities while partnering with its majority owners, Luke Spiller and Peter Pental.
- Buyers
- Stonehenge Partners
- Targets
- Stratus Surfaces
- Industry
- Building Products
- Location
- Texas, United States
- Transaction Type
- Growth capital
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New Heritage Capital Invests in Stratus Technology Services
March 8, 2023
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New Heritage Capital has made a growth investment in Stratus Technology Services through its Private IPO structure, allowing Stratus management to retain operating control while gaining capital to accelerate growth. The investment will support Stratus's expansion of delivery teams and capabilities—particularly cloud implementations and migrations—across its global technology services footprint, which includes strong expertise serving the P&C insurance market and Guidewire platform users.
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Brightstar Capital Partners Acquires Stratus Team, LLC
July 1, 2024
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Brightstar Capital Partners, a middle-market private equity firm, has completed the acquisition of Stratus Team, LLC from Godspeed Capital Management LP. The transaction positions Brightstar to scale Stratus — a multi-disciplinary engineering, architecture, and consulting platform — through organic growth and M&A to expand its capabilities and presence across public and private sector end markets, particularly in the U.S. Southeast.
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Vestar Capital Partners Acquires Stratus from Arcapita
July 7, 2021
Industrial Services
Vestar Capital Partners has acquired Stratus, a Mentor, Ohio–based brand implementation and facilities services provider, from Arcapita Group Holdings. Stratus' founder and CEO Tim Eippert and the senior leadership team will remain and reinvest in the company while Arcapita will retain a minority stake; financial terms were not disclosed.
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NDH Advisors (Unity Partners Portfolio) Acquires Stratus Group LLC
November 21, 2023
Accounting & Tax
NDH Advisors LLC, a Chicago-headquartered accounting firm backed by private equity firm Unity Partners LP, has completed the acquisition of Stratus Group LLC, a Leawood, Kansas-based tax and accounting firm. Terms were not disclosed; Stratus employees will join NDH's Employee Purpose Plan as part of NDH's strategy to expand its footprint and service offerings in the Kansas City region.
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SubSplit Services Group, LP Acquires Stratus Systems, LLC
January 24, 2025
HVAC & Mechanical
SubSplit Services Group, LP, a permanent capital partnership, has acquired Dallas-based mechanical contracting firm Stratus Systems, LLC. The transaction provides liquidity and succession planning for Stratus’s leadership while positioning the company for growth in high‑purity mechanical piping and commercial/industrial MEP services.
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SMART Global Holdings Acquires Stratus Technologies from Siris Capital
June 29, 2022
IT Services
SMART Global Holdings, Inc. (SGH) has acquired Stratus Technologies from affiliates of Siris Capital Group for $225 million in cash plus an earn-out of up to $50 million based on post-close gross profit performance. Stratus will operate within SGH's Intelligent Platform Solutions group, with Dave Laurello continuing to lead the business and support SGH's expansion of high-availability Edge, Core, and Cloud computing offerings.
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