Latest News

We focus on local and international deals up to US$500 million in value across a wide range of sectors. Since the start of 2012 our partner firms have collectively completed over 230 deals, in 30 countries worldwide with an aggregate value of over US$17.5 billion.

Stone Group in Management Buyout

7th April 2008

Catalyst Corporate Finance, the award wining mid market corporate finance advisory business, has led the £28 million secondary management buy out of Stone Group.

Catalyst Corporate Finance, the award wining mid market corporate finance advisory business, has led the £28 million secondary management buy out of Stone Group.

The Staffordshire-based company, which employs nearly 200 staff, configures servers, desktop PCs and notebooks to order. Stone Group sells to a variety of clients within the public sector, with a specific focus on schools, further and higher education. It is also an authorised re-seller for a range of branded hardware products including IBM and Samsung.

Catalyst advised Stone on the original MBO and has built a strong relationship with the management team over the last 3 years culminating in their appointment as lead advisor on this transaction. Jamie Hope, Director at Catalyst, commented \"We have worked with James and his team for a number of years. Stone is another example of a UK manufacturer which can prosper by understanding its niche and providing its customer base with class leading service back up.\"

RJD Partners, a leading UK middle market private equity firm, was the preferred investor and
Jill Williams of RJD Partners, said: “Stone is one of the UK’s leading independent suppliers of IT hardware to the public sector, with a strong reputation for service. We are excited to have the opportunity to work with the management team to continue to build on their success to date”.

James Bird, chief executive, founded the business in 1991 to assemble and supply desktop personal computer systems for further education colleges under the company name Omega. Following an MBO in 2005, the company changed its name and expanded through the acquisition of Compusys in January last year.

James Bird will remain as CEO post-completion of the deal. He said: “This transaction is designed to provide Stone with the right shareholder base to allow us to continue with our strategy of organic growth, through continued focus on customer requirements and provision of a comprehensive, first class service to satisfy these, together with selective acquisitions where these complement and enhance our existing business“.

The MBO has been financed through a combination of management reinvestment and funds managed by RJD, with banking facilities provided by Barclays. The MBO is the fourth investment by RJD Partners through the RJD Private Equity Fund II.

RJD Partners was advised by Eversheds and PricewaterhouseCoopers. Stone Group was advised by Catalyst Corporate Finance and HBJ Gateley Wareing.
30-1207574045_9255.pdf
Adobe Acrobat file - 0.1 mb

< Back

latest opinion

Industrial Distributor Sector Overview

The latest issue of our Industrial Technology Value-Added Distributors Sector Overview, highlighting trends in M&A, financing, IPOs and capital markets for private and public companies in Industrial Technology sector, is now available.…

Make tax structure simpler for Indian auto industry to prosper

The industry is highly taxed with three-tier tax structure applied at centre, state & local levels…

Trump victory & scrapping of Notes. Near term jitters provide opportunities

Two major events-one domestic and other global, have led to market jitters which in our view present an opportunity for value buying…

Agricultural Equipment and Fertilizer Update

Recent activity in the agriculture space has shown continued consolidation and financing needs. Please see our update published recently.…

So they made an offer, now what?

Financial and strategic buyers are making offers directly to business owners…

Strategic HR: building an organisation culture to balance risk and return

It’s official: we are in a low-growth world, with the latest data revealing a slowdown in the US, Europe and Japan, as well as numerous developing markets.…

India never so close to Goods & Services Tax !!

While India has been trying to implement the Goods and Service Tax (GST) for the past six years, the country has never been so close. The GST is facing its biggest hurdle in the Upper House where the passing will require a two-thirds majority and where the distribution of seats is not in favour of the ruling NDA government.…

On your marques, get set, buy

The automotive retail sector is experiencing a dramatic rise in M&A activity.With ongoing low interest rates and strong consumer confidence, new vehicle sales are continuing to reach record levels month after month.…

Construction sector - Who is making the money?

The last few weeks have seen a raft of announcements from the large housebuilders – all unfailingly disclosing impressive results for 2015 driven by high single digit to mid-teens percentage growth in both completions and average sales value.…

Exploring Leveraged Recapitalizations as an Alternative to Selling a Business

Many owners of mid-sized private companies spend much of their working lives building a business yet ultimately reach a point where they seek to enjoy some of the financial rewards of their life-long efforts.…

View more >

latest deals

array(7) {
  ["id"]=>
  int(939)
  ["completion_date"]=>
  string(24) "2017-01-23T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(7) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(552)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(391)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(397)
      }
    }
    [3]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(78)
      }
    }
    [4]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(724)
      }
    }
    [5]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(365)
      }
    }
    [6]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(552)
      }
    }
  }
  ["intro"]=>
  string(175) "Capitalmind advised the two Dutch private equity funds O2 Capital and Value Enhancement Partners along with the management of their joint portfolio company Edel group,…"
  ["display_name"]=>
  string(7) "Schramm"
}
Schramm

Capitalmind advised the two Dutch private equity funds O2 Capital and Value Enhancement Partners along with the management of their joint portfolio company Edel group,…

array(7) {
  ["id"]=>
  int(942)
  ["completion_date"]=>
  string(24) "2017-01-15T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(4) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(457)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(199)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(455)
      }
    }
    [3]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(453)
      }
    }
  }
  ["intro"]=>
  string(180) "The business uses its unique unified ledger architecture to deliver a powerful yet easy-to-use accounting software solution, either on-premise or in the cloud. The business…"
  ["display_name"]=>
  string(17) "PS Financials Ltd"
}
PS Financials Ltd

The business uses its unique unified ledger architecture to deliver a powerful yet easy-to-use accounting software solution, either on-premise or in the cloud. The business…

array(7) {
  ["id"]=>
  int(948)
  ["completion_date"]=>
  string(24) "2017-01-13T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(true)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(2) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(677)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(505)
      }
    }
  }
  ["intro"]=>
  string(145) "VNI has divested all of its shares in SEATH to OCK Vietnam Towers Pte Ltd (“OCK Vietnam”) with IBS business being carved out prior to…"
  ["display_name"]=>
  string(30) "Vietnam Infrastructure Limited"
}
Vietnam Infrastructure Limited

VNI has divested all of its shares in SEATH to OCK Vietnam Towers Pte Ltd (“OCK Vietnam”) with IBS business being carved out prior to…

array(7) {
  ["id"]=>
  int(927)
  ["completion_date"]=>
  string(24) "2017-01-06T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(4) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(741)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(283)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(448)
      }
    }
    [3]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(645)
      }
    }
  }
  ["intro"]=>
  string(155) "Capitalmind advised ADF group on its acquisition of 100% of the shares of Latécoère Services (LS) in a competitive process. LS is a subsidiary of…"
  ["display_name"]=>
  string(9) "Latecoere"
}
Latecoere

Capitalmind advised ADF group on its acquisition of 100% of the shares of Latécoère Services (LS) in a competitive process. LS is a subsidiary of…

array(7) {
  ["id"]=>
  int(925)
  ["completion_date"]=>
  string(24) "2017-01-04T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(662)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(96)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(78)
      }
    }
  }
  ["intro"]=>
  string(159) "Capitalmind gave exclusively advise to the management of Fonq so that the best possible MBO could be realized. 

Fonq was sold by RFS Holland Holding…"
  ["display_name"]=>
  string(12) "Fonq.nl B.V."
}
Fonq.nl B.V.

Capitalmind gave exclusively advise to the management of Fonq so that the best possible MBO could be realized.

Fonq was sold by RFS Holland Holding…

array(7) {
  ["id"]=>
  int(930)
  ["completion_date"]=>
  string(24) "2017-01-03T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(2) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(741)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(288)
      }
    }
  }
  ["intro"]=>
  string(192) "Capitalmind assisted THESEO (Avril Group) on the acquisition of EWABO Chemikalien (Germany).

EWABO is a German leader in the development, production and distribution of detergents &…"
  ["display_name"]=>
  string(5) "EWABO"
}
EWABO

Capitalmind assisted THESEO (Avril Group) on the acquisition of EWABO Chemikalien (Germany).

EWABO is a German leader in the development, production and distribution of detergents &…

array(7) {
  ["id"]=>
  int(940)
  ["completion_date"]=>
  string(24) "2017-01-02T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(604)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(603)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(604)
      }
    }
  }
  ["intro"]=>
  string(172) "Capitalmind advised Alumichem Corp. on the acquisition of Nordisk Aluminat through the entire process to secure the best transaction for our client in a competitive…"
  ["display_name"]=>
  string(16) "Nordisk Aluminat"
}
Nordisk Aluminat

Capitalmind advised Alumichem Corp. on the acquisition of Nordisk Aluminat through the entire process to secure the best transaction for our client in a competitive…

array(7) {
  ["id"]=>
  int(928)
  ["completion_date"]=>
  string(24) "2016-12-23T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(718)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(270)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(419)
      }
    }
  }
  ["intro"]=>
  string(179) "Headwaters MB advised Denver Glass Interiors, Inc. and its affiliates, Summit Shower Doors, Inc. and Summit Glass Coatings, LLC (“DGI” or the “Company”), a leading…"
  ["display_name"]=>
  string(22) "Denver Glass Interiors"
}
Denver Glass Interiors

Headwaters MB advised Denver Glass Interiors, Inc. and its affiliates, Summit Shower Doors, Inc. and Summit Glass Coatings, LLC (“DGI” or the “Company”), a leading…

array(7) {
  ["id"]=>
  int(916)
  ["completion_date"]=>
  string(24) "2016-12-22T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(644)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(166)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(342)
      }
    }
  }
  ["intro"]=>
  string(166) "Ethica Corporate Finance advised the shareholders of Alberto Aspesi S.p.A. on the sale of majority stake to Armonia, an Italian private equity firm focused on…"
  ["display_name"]=>
  string(21) "Alberto Aspesi S.p.A."
}
Alberto Aspesi S.p.A.

Ethica Corporate Finance advised the shareholders of Alberto Aspesi S.p.A. on the sale of majority stake to Armonia, an Italian private equity firm focused on…

array(7) {
  ["id"]=>
  int(932)
  ["completion_date"]=>
  string(24) "2016-12-21T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(718)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(233)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(328)
      }
    }
  }
  ["intro"]=>
  string(216) "Headwaters MB advised Pico Digital, a leading international telecommunications technology company serving radio and television broadcasters, content providers, hospitality, and commercial markets, on its sale…"
  ["display_name"]=>
  string(12) "Pico Digital"
}
Pico Digital

Headwaters MB advised Pico Digital, a leading international telecommunications technology company serving radio and television broadcasters, content providers, hospitality, and commercial markets, on its sale…

array(7) {
  ["id"]=>
  int(933)
  ["completion_date"]=>
  string(24) "2016-12-13T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(true)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(2) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(359)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(28)
      }
    }
  }
  ["intro"]=>
  string(165) "Insimbi Refractory and Alloy Supplies Limited, acquired all the shares in issue of the AMR Corporate Group, and its related properties. The rationale for the…"
  ["display_name"]=>
  string(45) "Insimbi Refractory and Alloy Supplies Limited"
}
Insimbi Refractory and Alloy Supplies Limited

Insimbi Refractory and Alloy Supplies Limited, acquired all the shares in issue of the AMR Corporate Group, and its related properties. The rationale for the…

array(7) {
  ["id"]=>
  int(929)
  ["completion_date"]=>
  string(24) "2016-12-01T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(4) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(501)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(78)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(501)
      }
    }
    [3]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(625)
      }
    }
  }
  ["intro"]=>
  string(166) "AMP was sold to British API Group (part of US based listed Steel Partners Holdings L.P., a global diversified holding company), a manufacturer and distributor…"
  ["display_name"]=>
  string(29) "Amsterdam Metallized Products"
}
Amsterdam Metallized Products

AMP was sold to British API Group (part of US based listed Steel Partners Holdings L.P., a global diversified holding company), a manufacturer and distributor…

array(7) {
  ["id"]=>
  int(915)
  ["completion_date"]=>
  string(24) "2016-11-30T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(644)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(168)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(173)
      }
    }
  }
  ["intro"]=>
  string(164) "Ethica Corporate Finance advised Carraro Group on the sale of the 51% stake of Elettronica Santerno S.p.A. to Enertronica S.p.A., a company operating in the…"
  ["display_name"]=>
  string(27) "Elettronica Santerno S.p.A."
}
Elettronica Santerno S.p.A.

Ethica Corporate Finance advised Carraro Group on the sale of the 51% stake of Elettronica Santerno S.p.A. to Enertronica S.p.A., a company operating in the…

array(7) {
  ["id"]=>
  int(913)
  ["completion_date"]=>
  string(24) "2016-11-29T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(4) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(172)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(172)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(446)
      }
    }
    [3]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(100)
      }
    }
  }
  ["intro"]=>
  string(176) "Catalyst has advised SAICA on the acquisition of the Americk Packaging Group. Americk is a leading independent producer of flexible packaging and labels. Located across…"
  ["display_name"]=>
  string(46) "S.A. Industrias Celulosa Aragonesa CIF (SAICA)"
}
S.A. Industrias Celulosa Aragonesa CIF (SAICA)

Catalyst has advised SAICA on the acquisition of the Americk Packaging Group. Americk is a leading independent producer of flexible packaging and labels. Located across…

array(7) {
  ["id"]=>
  int(912)
  ["completion_date"]=>
  string(24) "2016-11-24T00:00:00+0000"
  ["publicised_transaction"]=>
  bool(false)
  ["hide_on_website"]=>
  bool(false)
  ["involved_users"]=>
  array(3) {
    [0]=>
    array(2) {
      ["level"]=>
      int(0)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(604)
      }
    }
    [1]=>
    array(2) {
      ["level"]=>
      int(1)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(603)
      }
    }
    [2]=>
    array(2) {
      ["level"]=>
      int(2)
      ["user"]=>
      array(1) {
        ["id"]=>
        int(604)
      }
    }
  }
  ["intro"]=>
  string(181) "Capitalmind conducted a competitive sales process and sold Frem Group to Fuglsang Breweries – a well respected Danish brewery group.

With the acquisition of Frem Group,…"
  ["display_name"]=>
  string(26) "Mineralvandsfabrikken Frem"
}
Mineralvandsfabrikken Frem

Capitalmind conducted a competitive sales process and sold Frem Group to Fuglsang Breweries – a well respected Danish brewery group.

With the acquisition of Frem Group,…

View more >
'http://api.mergers-alliance.com/api/public'