2019


March 26, 2019

The Stephens Group Acquires Sound Seal Holdings, Inc.

The Stephens Group, LLC (“The Stephens Group”) announced today that it finalized its acquisition of Sound Seal Holdings, Inc. (“Sound Seal” or the “Company”). Terms of the transaction were not disclosed. Based in Agawam, Massachusetts, Sound Seal is a leading manufacturer of acoustical noise control solutions, offering the widest product selection in the industry with […]

February 20, 2019

Kodiak Gas Services, LLC, a portfolio company of The Stephens Group, LLC, acquired by EQT

The Stephens Group, LLC (“The Stephens Group”) announced that it has recently sold its interests in Kodiak Gas Services, LLC (“Kodiak”) to EQT Infrastructure III fund (“EQT” or “EQT Infrastructure”). Founded in 2011, Kodiak is the largest privately owned and 3rd largest contract compression company in the U.S. providing necessary compression equipment for the extraction […]

January 24, 2019

DISCO Raises $83 Million, Bringing Total Investment to $135 Million

The Stephens Group, LLC (“The Stephens Group”) announced that its existing investment platform DISCO has recently raised additional capital to support its growth. Legal technology company DISCO announced on January 24, 2019 an $83 million investment led by Georgian Partners, a Toronto-based venture-capital firm with deep expertise in applied artificial intelligence. Existing investors Bessemer Venture […]

January 16, 2019

Kissner Group Holdings Acquires NSC Minerals

The Stephens Group, LLC (“The Stephens Group”) announced that it has recently sold its interests in NSC Minerals Ltd (“NSC” or the “Company”) to Kissner Group Holdings LP, the parent company of a leading bulk salt, specialty packaged salt and evaporated salt producer. NSC is a market-leading provider of salt products in Western Canada and […]

April 21, 2018

Arvest Bank Completes Bear State Acquisition

Arvest Bank (“Arvest”) announced Friday the closing of its acquisition of Bear State Financial Inc., the parent company of Bear State Bank (“Bear State”), according to a news release. Arvest and Bear State are now legally one bank but will continue to operate under separate names until sometime this fall, when Bear State branches, accounts […]

March 28, 2018

Renasant Corporation and Brand Group Holdings, Inc. Announce Definitive Merger Agreement

Renasant Corporation (the “Company” or “Renasant”) (NASDAQ: RNST) and Brand Group Holdings, Inc. (“Brand”) jointly announced today the signing of a definitive merger agreement pursuant to which Brand will merge with and into Renasant in a transaction currently valued at approximately $452.9 million. The proposed merger has been approved unanimously by each company’s Board of […]

January 30, 2018

DISCO Raises $20M Growth Financing

New round of funding led by Bessemer Venture Partners will be used to accelerate R&D, scale out the U.S. go-to-market team, and expand into Asia Pacific, Europe, and Latin America CS Disco Inc., (“DISCO”) the legal technology company that makes the market-leading cloud ediscovery solution DISCO, today announced a $20M equity financing. Bessemer Venture Partners […]

May 15, 2017

The Stephens Group Acquires Pearlman Enterprises, Inc.

The Stephens Group, LLC (“The Stephens Group”) announced today that it finalized its acquisition of Pearlman Enterprises, Inc. (“Pearlman” or the “Company”), the parent company of GranQuartz and Pearl Abrasive. Terms of the transaction were not disclosed. Pearlman, headquartered in Norcross, GA, is a multi-channel developer and distributor of supplies, tools, and equipment used in […]

April 5, 2017

Armor Announces $89 Million Investment from ST Telemedia

Company poised to capitalize on global cloud migration and increasing security demand.  Armor, The First Totally Secure Cloud Company™, closed an $89 million equity financing led by ST Telemedia (STT). STT has become a joint lead shareholder with The Stephens Group (TSG), the existing majority shareholder. The investment from STT will accelerate the adoption of Armor’s managed security platform […]

March 31, 2017

Summit Utilities Acquires Arkansas Oklahoma Gas Corporation

AOG will retain its name going forward.  Summit Utilities, Inc. (SUI) today completed its acquisition of A.O.G. Corporation and its wholly-owned subsidiary Arkansas Oklahoma Gas Corporation (AOG), which serves nearly 60,000 natural gas utility customers in Arkansas and Oklahoma. “Arkansas Oklahoma Gas Corporation has spent more than seven decades building a strong foundation in its […]