Global Advisory Firm Continues Commitment to Expansion as Market Demand Increases
Boston, MA (October 31, 2019) – StoneTurn, a global advisory firm, today announced that it has entered into a partnership with MML Capital Partners, a market-leading transatlantic provider of growth capital, to fuel its expansion amid increasing market demand for advisory services. MML’s investment represents a minority stake, with the remaining majority held by StoneTurn’s equity Partners. Terms of the deal are not being disclosed.
Over the past 15 years, StoneTurn has steadily evolved to best serve the changing and often complex needs of its clients. The firm, which began as a forensic accounting boutique, is now a trusted adviser to corporations, their counsel and government agencies around the world. StoneTurn’s founders had a clear vision for creating a highly collaborative, people-focused firm, and seized the opportunity to advise clients without the conflicts often found at large public accounting firms. Today, clients and industry professionals continue to be drawn to StoneTurn’s unique culture in which people come first, the quality of work is paramount, and building and maintaining long-term relationships is key.
The partnership with MML is designed to allow StoneTurn to achieve significant milestones such as expansion into new geographies and practice areas, as well as to continue to attract top-tier talent and provide best-in-class service to its valued clients.
Christopher Martinez, StoneTurn’s Managing Partner, said, “Our goal was to identify a partner who believes in our business philosophy and is equally enthusiastic about StoneTurn’s continued expansion for the purpose of providing exceptional service to our clients. MML is committed to maintaining and enhancing our culture, which we believe is critical to our success. The flexibility MML offers is ideal, allowing us to focus on managing our day-to-day business operations and continuing to act as an independent adviser, both of which are paramount to continuing to provide high-quality services to our clients.”
Ian Wallis, CEO at MML Capital said, “MML focuses on supporting successful management teams with ambitious growth plans. As the demand for advisory services increases, StoneTurn’s leadership is taking steps to ensure the firm is poised to grow with the market. We are delighted to be a part of the firm’s next chapter.”
StoneTurn, a global advisory firm, assists companies, their counsel and government agencies on regulatory, risk and compliance issues, investigations and business disputes. We serve our clients from offices across the U.S., U.K. and in Germany, Brazil and South Africa, assisted by a network of senior advisers around the world.
MML Capital Partners is a leading pan-European and transatlantic independent investment firm. MML partners with management teams, supporting their growth strategy by providing capital for expansion, acquisitions and recapitalizations. The firm has offices in the U.K., U.S. and France, and frequently uses its international presence to support cross-border strategies. To learn more, visit MMLCapital.com.