Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

Stone Group

Stone Group

Vintage: December 2019

Sector: Information Technology

Location: Stafford, UK

Type: MBO

Souter Role: Lead Investor, Majority Stake

Souter Director: Yes

Status: Current

Originally founded as an Original Equipment Manufacturer, Stone has matured into one of the UK’s leading Value Added IT Resellers, retaining its own Stone branded hardware products within a broader portfolio founded on strategic partnerships with tier one suppliers such as HP, Lenovo, Dynabook and Acer.

Stone’s market leading deployment and support services can be applied effectively across its entire product portfolio regardless of brand. Alongside its traditional hardware offerings, Stone has developed a full range of modern IT infrastructure solutions and services from the edge through networking and hybrid infrastructure to the cloud.

Stone is fully committed to the circular economy and to providing true 360 IT asset lifecycle management services and, in 2009, invested in its own inhouse IT Asset Disposal facility and is ADISA accredited with distinction and Government accredited to the highest level.

In December 2019, Souter Investments completed the acquisition of a majority stake in Stone Group, the leading ICT services provider, in an equity and debt refinancing of the business led by CEO Simon Harbridge and its management team.