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.
Adobe Acrobat file - 0.1 mb

< Back

latest opinion

Succession Planning as Part of the Wealth Management Strategy - Blair Roblin & Nathan Treitel

What All Wealth Managers Should Know About Their Client’s Family Business…

Significant growth in the global demand for sensors

Next years will see a significant growth in the global demand for sensors, with sales expected to increase by approx. 9% to reach €184m in 2016. The highest demand for sensors will be in the information and communications industry as well as in the automotive industry.…

The risk of a new tech bubble and how to respond as entrepreneur

A heat-up of valuations and transaction activity in the tech industry raises concerns that we have arrived in the next tech bubble.…

Go West: Increasing Cross-Border Acquisitions from Poland

If asked about Poland-based acquirers a few years ago, I would probably have responded with a short list of companies whose acquisitions were mainly in adjacent countries…

Mobile commerce in Latin America

An interesting phenomenon is occurring in Latin America: the rise of mobile commerce.…

View more >

latest deals

Rivet Software

Headwaters announced today that it advised Rivet Software, a software-as-a-service (“SaaS”) financial reporting company based in Denver, Colorado, on its sale to Equity Administration Solutions…

Guyot Environnement - Guyot Environnement - Fund raising

Capitalmind advised Guyot Environnement on a fund raising underwritten by Private Equity firm Ouest Croissance

Guyot Environnement Group is a family-owned business founded c.30 years ago…

Darussalam Assets Sdn Bhd

Financial and commercial advisory engagement to assist Darussalam Assets (a wholly owned company of the Ministry of Finance) in restructuring and consolidating its portfolio of…

Tomasoni Topsail Spa

Ethica Corporate Finance advised the shareholders of Tomasoni Topsail – a leading Italian sportswear producer – in the sale to Oakley Capital Private Equity and…

Unicon Group - Norwegian Tech

Unicon group has taken a 50% stake in the Norwegian company Breivoll Inspection Technologies AS located in northern Norway in Tromso. This company has the…

Plurel B.V. - Project Locomotive

Dekra Netherlands Holding B.V., a subsidiary of Dekra e.V. (Germany), acquired Plurel B.V.


NORGESTION advised the european branch of the brazilian multinational GERDAU, in the sale process of its non core automotive part manufacturer to HAY GROUP (Germany).…

Weiss Residential Research

Headwaters announced today that it advised Weiss Residential Research (WRR), a provider of proprietary technology that optimizes housing market decisions, on a strategic investment from…

Necotrans - €121 debt-financing

Necotrans, the €1bn Revenues French Group specialized in logistics activities in Africa raised €121M debts in a club deal involving 8 banks and a long-term…

Expobank - Foreign Affair

Expobank, bought out the Czech subsidiary of LBBW (Landes Bank Baden Wurtemburg) in Prague and the other parts of the Czech Republic.

ADF - Sponsorless MBO

Capitalmind advised the full exit of Edmond de Rothschild Investment Partners in Groupe ADF (leading French industrial maintenance services provider), through a sponsorless MBO supported…

Instituut Pica - Pica

Capitalmind were the sole advisor to Estro Groep, one of the leading providers of childcare services in the Netherlands, in their sale of Instituut Pica…


Headwaters MB announced that it advised Rumblefish, Inc., a Portland, OR-based leader in music micro-licensing and YouTube monetization, on its acquisition by SESAC, Inc., a…

Perfect Market

Headwaters MB advised Perfect Market, a Pasadena, CA-based leading provider of digital publishing software solutions for driving traffic, engagement and revenue, on its acquisition by…


Ethica Corporate Finance advised Kiian – a leading Italian producer of digital sublimation inks, backed by Private Equity fund Wise – in the acquisition of…

View more >