Stone-Goff Partners closes Fund IV at $175m

Stone-Goff Partners, a growth-oriented private equity firm focused on tech-driven B2B service companies, has held the final closing of Stone-Goff Partners IV at $175 million, having secured significant increases in commitments from existing investors as well new institutional investors. 

Stone-Goff Partners (SGP), a growth-oriented private equity firm focused on tech-driven B2B service companies, has held the final closing of Stone-Goff Partners IV at $175 million, having secured significant increases in commitments from existing investors as well new institutional investors. 

Consistent with its predecessors, Fund IV will target majority investments as the first institutional investors in founder-led companies focused on B2B services where technology plays a critical role.

The investor base for Fund IV, which closed on 15 June, is comprised of insurance companies, fund of funds, wealth managers and family offices in North America.

Fund IV has already closed on its first two investments – FS Vector, a Washington, DC-based strategic consulting firm that delivers a range of advisory and advocacy solutions to companies in the innovative financial services ecosystem including lending, payments, fintech, insurance, and other financial services companies, and JSI, a provider of specialty consulting, engineering and managed services to rural broadband telecommunications operators.