BOSTON & NEW YORK: Stone-Goff Partners (“Stone-Goff”), a growth-oriented private equity firm focused on technology-driven business-to-business service companies, today announced it has made an investment in 5Q Partners (5Q or the “Company”), an Atlanta-based provider of information and operational technology solutions for the commercial real estate industry. Concurrent with the investment, 5Q completed the acquisition of One11 Advisors (“One11”), adding specialized application support services across the major proptech platforms.

Founded in 2014 by a team of industry-native technologists, 5Q supports owners and operators of commercial real estate assets, including multifamily and student housing properties, by delivering integrated technology solutions across IT infrastructure, cybersecurity and technology advisory. Behind the leadership of CEO Wade Hughes, 5Q has built a specialized technology services business focused exclusively on the needs of commercial real estate clients. “The Company’s vertical focus and understanding of property-level operating environments enable it to deliver practical, scalable solutions for 80+ clients across 950+ properties in an increasingly complex, interconnected landscape driven by the proliferation of connected devices and smart building technologies.”

The investment will support continued growth for 5Q, including the expansion of its service offerings, investment in talent and technology, and pursuit of complementary M&A, as demand increases for integrated, end-to-end technology solutions across the commercial real estate landscape.

“We are excited to partner with Wade and the 5Q team as they continue to build a differentiated technology services platform serving the commercial real estate market,” said Rob Bosco, Partner at Stone-Goff. “5Q’s vertical focus and technical expertise make the Company a critical partner to its clients and we look forward to supporting continued organic growth and strategic acquisitions.”

“Our clients are facing growing technology complexity across their portfolios, from cybersecurity and infrastructure to building systems and property management applications,” said Wade Hughes, CEO of 5Q. “Stone-Goff understands the opportunity to build a specialized technology partner for the commercial real estate industry and their support will help us invest in our team, expand capabilities and pursue acquisitions like One11 that directly enhance the value we deliver to our clients.”

The acquisition of One11 adds property management software advisory and focused application support capabilities to 5Q’s platform, enhancing its ability to serve clients across leading property management systems. The addition expands 5Q’s service offering and creates additional opportunities to deepen relationships with its existing customer base.

Hannah Stone Craven, Managing Partner at Stone-Goff, added, “We are aligned with management on the opportunity to build a scaled platform focused on the commercial real estate end market. The simultaneous addition of One11 reflects our commitment to application support and broadens 5Q’s ability to support clients across infrastructure, cybersecurity, operational technology, and core property management applications.”

Deloitte Corporate Finance advised 5Q Partners on the transaction. Smith Gambrell Russell, and Fredrikson & Byron provided legal counsel to 5Q and Stone-Goff, respectively. LongWater Opportunities Fund provided debt financing for the transaction.

About 5Q Partners
5Q is a provider of outsourced IT and operational technology solutions for the commercial real estate industry. The Company delivers services across managed IT, cybersecurity, technology advisory, project management, and application support to help property owners and operators manage complex technology environments.

About Stone-Goff Partners
Stone-Goff Partners is a lower middle market private equity firm investing in technology-driven business-to-business service companies. Our companies combine service offerings with technology, focus on clearly defined end markets, and are active participants in the growing knowledge economy. We partner with company founders and executive leadership teams to provide capital, M&A origination and execution, and value-creation expertise to our portfolio companies.

1. This release is for informational purposes only and does not constitute, or form part of, an offer to purchase or issue interests in any security or investment product. No assurance can be given that any investment managed by Stone-Goff will be able to implement its investment strategy or achieve its investment objectives.
2. This release contains statements that may be considered testimonials or endorsements. While no compensation arrangement exists between Stone-Goff and any outside parties in connection with any testimonial or endorsement made herein, those making statements could be considered to have an economic interest in the success of Stone-Goff, a particular investment, or portfolio holding.
3. Past performance is not indicative of future results. Stone-Goff does not make any representation or warranty, express or implied, regarding future performance of any investment vehicle, particular investment or portfolio holding.

Fonte: Business Wire