The Stephens Group Hires Whit Kilgroe as General Counsel

October 6, 2021

LITTLE ROCK, ARKANSAS – OCTOBER 6, 2021 – The Stephens Group, LLC (“The Stephens Group”), the private investment firm backed by the Witt Stephens and Elizabeth Campbell families, announced it has hired Whit Kilgroe as General Counsel. Ron Clark, former General Counsel, will continue to serve as Chief Operating Officer.

Mr. Kilgroe leads the legal function and is actively involved in the firm’s merger and acquisition (“M&A”) transactions and securities matters. Previously, Mr. Kilgroe was Associate General Counsel at Walton Enterprises, the private family office of the Walton family, where he led the investment and M&A legal efforts. Prior to Walton Enterprises, he was Chief Counsel of M&A at Koch Industries. Mr. Kilgroe began his legal career in private practice with the M&A groups at Kirkland & Ellis and Jones Day.

Witt Stephens, Chairman and CEO of The Stephens Group, said, “Whit brings decades of experience in the M&A and private equity sectors, and we are pleased to have him join the Stephens Group team. His legal expertise will be especially valuable given today’s robust M&A market.”

“I am excited to join the Stephens Group,” said Mr. Kilgroe. “I was drawn to the partnership approach and differentiated capital model and look forward to working with the team and our partners on M&A activity going forward.”



The Stephens Group, LLC is a private investment firm that partners with talented management teams to help build valuable businesses. Backed by the resources of the Witt Stephens and Elizabeth Campbell families, our team has a long history of providing sophisticated, strategic expertise and taking a partnership approach to help companies successfully achieve their strategic visions and build long-term value. With over $1.5 billion invested since 2006, The Stephens Group targets investments in industries across the U.S., including industrial and commercial products and services, specialty distribution, B2B food and consumer products, technology infrastructure and tech-enabled services, as well as select opportunistic situations.


Allie Laborde
Principal, Business Development
The Stephens Group, LLC