Investment Summary

Stone-Goff Partners and Five Points Capital Invest In JSI

On October 23, 2018, private equity firms Stone-Goff Partners and Five Points Capital invested in business services company JSI

Investment Highlights
  • This is Stone-Goff Partners’ 2nd and Five Points Capital’s 10th transaction in the Business Services sector.
  • This is Stone-Goff Partners’ 8th and Five Points Capital’s 69th transaction in the United States.
  • This is Stone-Goff Partners’ 2nd and Five Points Capital’s 1st transaction in Maryland.
Investment Fate
  • JSI was sold to a consortium of financial buyers in 2024.

Investment Summary

Date 2018-10-23
Target JSI
Sector Business Services
Investor(s) Stone-Goff Partners
Five Points Capital
Deal Type Growth Capital
Advisor(s) FOCUS Securities LLC (Financial)

Target

JSI

Greenbelt, Maryland, United States
website
JSI is a provider of regulatory and compliance consulting services to telecommunications providers in rural communities across the US. JSI's deep knowledge of the telecom industry and rural broadband markets is a key differentiator benefiting its longstanding client base. The company also provides financial, business management and executive management training services to its client base. JSI was founded in 1962 and is headquartered in Greenbelt, Maryland.

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Investor(S) 2

DESCRIPTION

Stone-Goff Partners is a private equity investment firm that acquires and builds lower middle-market companies. Specific areas of interest include marketing, media, education, healthcare services, industrial services, information services, consumer products and services, food and beverage, tourism, e-commerce and retail sectors. Stone-Goff Partners was established in 2006 and is headquartered in New York City.


DEAL STATS #
Overall 8 of 15
Sector (Business Services) 2 of 4
Type (Growth Capital) 4 of 11
State (Maryland) 2 of 2
Country (United States) 8 of 15
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 DSG

Little Rock, Arkansas, United States

DSG partners with organizations to create customized sales enablement solutions that turn growth strategies into sales results. Sales and marketing executives retain DSG to develop client-specific sales tools and content, build sales playbooks, produce education videos, and more. DSG was formed in 1992 and is based in Little Rock, Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-20 Danforth Advisors

Waltham, Massachusetts, United States

Danforth Advisors is an integrated and scalable “one-stop-shop” solution for life science companies for all operations from the controller through CFO performing activities ranging from accounting and operational finance services to financial planning and analysis, M&A and IPO readiness. Danforth Advisors has served as a strategic and trusted thought partner to over 300 clients across all stages of a company’s life cycle. Danforth Advisors was founded in 2011 and is based in Waltham, Massachusetts.

Buy -
Investor

Five Points Capital

Winston-Salem, North Carolina, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1997
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Five Points Capital makes both direct private equity and junior capital investments in US-based middle-market companies. Five Points prefers control based investments and will consider opportunities in a variety of industries. For both equity and mezzanine investments, the Firm looks to commit $5 to $25 million of capital in businesses with at least $10 million in sales and $3 million of EBITDA. Five Points Capital was formerly known as BB&T Capital Partners and re-branded in 2015. The Firm was established in 1997 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 69 of 89
Sector (Business Services) 10 of 12
Type (Growth Capital) 7 of 18
State (Maryland) 1 of 3
Country (United States) 69 of 89
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-30 Precision Aviation Group

Atlanta, Georgia, United States

Precision Aviation Group is a provider of products and value-added services to the worldwide aerospace and defense industry. With nine locations and more than 260,000-square-feet of sales and service facilities in the United States, Canada, Australia, Brazil, and Singapore, PAG uses its distinct business units and customer-focused business model to serve aviation customers through two business functions – Aviation Supply Chain, and its Inventory Supported Maintenance, Repair and Overhaul services. Precision Aviation Group is headquartered in Atlanta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-01 Corsica Technologies

Centreville, Maryland, United States

Corsica Technologies is a mature managed IT services provider serving small, midsize, and large organizations across the nation. Corsica's mission is clear - to provide customers with the best IT service possible, as efficiently as possible. Corsica Technologies was founded in 2003 and is based in Centreville, Maryland.

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