Founded in 2004, StoneTurn serves attorneys, corporations and government agencies from its offices across the U.S., as well as in the U.K., Germany, Brazil and South Africa, assisted by a network of senior advisers around the world. StoneTurn supports clients through the provision of advice in response to regulatory investigations, business disputes, and compliance monitorships, assisting clients and their counsel to navigate critical regulatory situations, often under public scrutiny.
Leading and executing the deal for MML were Ian Wallis (co-CEO), Shawn St. Jean (Partner) and Matt Maser (Investment Manager), with both Wallis and St. Jean joining StoneTurn’s board.
Commenting on the investment, Wallis 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.”
Christopher Martinez, StoneTurn’s Managing Partner, added,
“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.”
Investec, led by Jonathan Arrowsmith and David Bickerstaffe, served as the financial advisor to StoneTurn. Houlihan Lokey, led by Leon Gillespie and Jon Harrison, served as the financial advisor to MML.