Foley & Lardner LLP served as legal adviser to Stone-Goff Partners, a business services-focused private equity investment firm, in its recent investment in John Staurulakis, LLC (JSI), the leading nationwide provider of specialty consulting and engineering services to rural broadband telecommunications operators. Stone-Goff Partners II CF, LP, a new GP-led single-asset continuation fund, acquired a majority interest in JSI from Stone-Goff Partners II, LP and affiliates.
Stone-Goff Partners is a private equity firm that invests in lower middle market technology-driven service businesses. The companies that Stone-Goff invests in combine service offerings with technology and focus on attractive, defined end-markets. Core verticals include business, consulting, marketing, IT, human capital, training, outsourced, and consumer services.
JSI is a full-service consulting firm that combines regulatory, financial and compliance advisory, fiber engineering, and managed services expertise to bring an end-to-end solutions platform to fast-growing broadband operators nationwide. Its platform has nearly tripled in size over the past three years as clients rely on the company to assist in deploying reliable, high-speed fiber networks that facilitate work-from-home, learn-from-home, telehealth, and other connected services.
The Foley team representing Stone-Goff Partners was led by Partners Beth Felder, Steve Meli, and Matt McBride, and included, among others, Partners Raj Tanden and Casey Knapp, Special Counsel Josh Watson, and Associate Paige Moscow.
