In Rye, New York, a former Blackstone dealmaker built a private equity firm around a contrarian bet: the least glamorous companies in America - the ones that make labels, insulation, and water pumps - are where the returns hide.
Stone-Goff Partners backs profitable B2B service firms, then helps them package hard-won know-how into technology, subscriptions and repeatable systems. Its $175 million fourth fund puts a disciplined lower-middle-market thesis behind that transformation.
For 40 years, RLH Equity Partners has bet on a contrarian idea in private equity: that the founder is the asset, not the problem. Here is how a $1.2 billion Los Angeles firm turned 'high touch meets high tech' into a portfolio worth $4.2 billion in exits.