Stone-Goff Partners Announces Investment in Walker Sands
NEW YORK, September 23, 2019 – Stone-Goff Partners (“SGP”) announced today that it has invested in Walker Sands, a marketing agency focused on accelerating the growth of B2B brands. The investment will fuel further growth for Walker Sands, including new service offerings, new offices and potential acquisitions.
From strategy to execution, Walker Sands offers tailored solutions to drive real business results for its B2B clients. Core capabilities include public relations, demand generation, branding, creative, marketing strategy and web.
The company is a seven-time member of the Inc. 5000 list of fastest-growing companies and has received numerous workplace culture awards, including top agency to work for (Holmes Report), a best place to work in Chicago (Crain’s Chicago Business) and No. 3 workplace for women (Crain’s Chicago Business). Walker Sands was founded in 2001 and is headquartered in Chicago, with additional offices in San Francisco and Seattle.
“We are thrilled to partner with Mike, Ken, Ellen and the team at Walker Sands and join them on their vision to build the world’s top agency for B2B companies,” said Hannah Stone Craven, co-founder of Stone-Goff Partners. “Walker Sands has an impressive company culture and a proven history of delivering outstanding results for clients, and we look forward to joining them in this next phase of growth.”
“Partnering with Stone-Goff will allow us to expand on the strong foundation we have built and continue to raise the bar for our clients and our employees.” said Mike Santoro, president of Walker Sands. “I am so proud of the agency we’ve built and excited for what’s to come.”
PALAZZO served as the exclusive financial advisor to Walker Sands in this transaction. Legal counsel for Walker Sands was provided by Aronberg Goldgehn. Legal counsel for Stone-Goff was provided by Fredrikson & Byron, P.A. TCF Capital Funding provided senior debt financing for the transaction.
About Stone-Goff Partners
With offices in New York and Boston, Stone-Goff Partners is a private equity investment firm that invests in lower middle-market founder-owned businesses and corporate carve-outs in the business services and consumer sectors. Founded in 2010 by Hannah Stone Craven and Laurens Goff, the firm leverages the extensive investment, strategic and operational experience of its principals to serve as a value-added partner for management teams, portfolio companies, and limited partners. Stone-Goff is currently investing from Stone-Goff Partners III, LP. For more information, visit www.stonegoff.com.