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Announced

Completed

Souter Investments completed the acquisition of Stone Group from RJD Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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ict services

Private

Friendly

United Kingdom

Single Bidder

IT Services: Other

Acquisition

Completed

Private Equity

Majority

Synopsis

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Souter Investments completed the acquisition of Stone Group, an ICT services provider, from RJD Partners. Financial terms were not disclosed. "Stone Group presents an exciting opportunity for Souter Investments to back an experienced and successful management team, leading an established and significant technology business highly regarded in a fast-moving sector. We look forward to working with Simon and his team as they continue to drive organic growth and expand the mix of Stone Group’s technology, service and support offerings, with the opportunity for both to be accelerated by M&A and strategic partnerships," John Berthinussen, Souter Investments Investment Director.

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