Bluestone

Government Technology Veterans George Wilson and Tom Weston Partner with Bluestone Investment Partners

Retrieved on: 
Thursday, April 11, 2024

MCLEAN, Va., April 11, 2024 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in the defense and government technology sector, today announced a partnership with seasoned government technology leaders, George Wilson and Tom Weston. Messrs. Wilson and Weston have extensive strategy, operational, and M&A experience, and proven records of value creation in the defense and government technology sector.

Key Points: 
  • MCLEAN, Va., April 11, 2024 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in the defense and government technology sector, today announced a partnership with seasoned government technology leaders, George Wilson and Tom Weston.
  • Messrs. Wilson and Weston have extensive strategy, operational, and M&A experience, and proven records of value creation in the defense and government technology sector.
  • John Allen, Bluestone co-founder and Managing Partner, said "We have known George and Tom for more than two decades and have long wanted to partner with them.
  • "We are excited to partner with the Bluestone team to build a premiere government technology provider," said George Wilson.

Precise Systems Announces Acquisition of JHT

Retrieved on: 
Tuesday, March 19, 2024

LEXINGTON PARK, Md. and MCLEAN, Va., March 19, 2024 /PRNewswire/ -- Precise Systems, Inc., a portfolio company of Bluestone Investment Partners, is pleased to announce the acquisition of Jardon & Howard Technologies, Inc. (JHT) in a transaction that closed February 16, 2024.

Key Points: 
  • and MCLEAN, Va., March 19, 2024 /PRNewswire/ -- Precise Systems, Inc. , a portfolio company of Bluestone Investment Partners , is pleased to announce the acquisition of Jardon & Howard Technologies, Inc. (JHT) in a transaction that closed February 16, 2024.
  • "I am excited to welcome the JHT employees to Precise," said Scott Pfister , President, and Chief Executive Officer of Precise Systems.
  • The acquisition of JHT is Precise Systems' second acquisition since commencing its partnership with Bluestone in January 2023.
  • Precise Systems is combining the capabilities and experience of both Excet and JHT to bring a broader range of solutions and deeper expertise to its core customers.

Bluestone Equity Partners Invests in VideoVerse, Creators of Magnifi, an Award-Winning, AI-Powered Video Editing Solution

Retrieved on: 
Monday, December 18, 2023

Bluestone Equity Partners, a global private equity firm focused on the Sports, Media & Entertainment industry, today announced a growth investment in VideoVerse, the company behind Magnifi, an internationally-acclaimed AI-powered video editing solution.

Key Points: 
  • Bluestone Equity Partners, a global private equity firm focused on the Sports, Media & Entertainment industry, today announced a growth investment in VideoVerse, the company behind Magnifi, an internationally-acclaimed AI-powered video editing solution.
  • Earlier this year, Magnifi earned the coveted National Association of Broadcasters (NAB) “Product of the Year” award.
  • “With media companies and streamers now producing millions of hours of video every minute, demand for curated content has skyrocketed,” said Vinayak Shrivastav, VideoVerse CEO & Co-Founder.
  • “VideoVerse’s editing solutions are now an indispensable asset within the video creation ecosystem, with Magnifi, in particular, facilitating a seamless and highly-efficient process for curation, production, and distribution," Shrivastav highlighted.

ManTech Chairman Kevin Phillips Joins Bluestone as Executive Partner

Retrieved on: 
Thursday, October 19, 2023

MCLEAN, Va., Oct. 19, 2023 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in defense, intelligence and federal technology solutions providers, today announced that Kevin M. Phillips has joined the team as an Executive Partner.

Key Points: 
  • MCLEAN, Va., Oct. 19, 2023 /PRNewswire/ -- Bluestone Investment Partners ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in defense, intelligence and federal technology solutions providers, today announced that Kevin M. Phillips has joined the team as an Executive Partner.
  • Phillips led the successful sale of ManTech to Carlyle in September 2022 for $4.2 billion.
  • "Kevin's experience, integrity and mission commitment are second to none in an industry filled with high quality leaders," said John Allen, Bluestone co-founder and Managing Partner.
  • "I am excited to work with the Bluestone team and help add value to the firm's portfolio companies."

Circular Mining: Vale Base Metals and BluestOne sign long-term offtake agreement to repurpose refinery waste in Brazil

Retrieved on: 
Tuesday, October 3, 2023

The agreement allows Vale Base Metals to advance its circular mining ambitions by utilizing BluestOne's expertise to repurpose slag and other waste to useful valuable products.

Key Points: 
  • The agreement allows Vale Base Metals to advance its circular mining ambitions by utilizing BluestOne's expertise to repurpose slag and other waste to useful valuable products.
  • A non-binding MOU setting out the scope of further cooperation in waste-to-value and circular mining has also been agreed.
  • Reduces Vale Base Metals' legacy environmental footprint at its Onça Puma mine in Brazil with opportunity to scale across operations.
  • Deshnee Naidoo, CEO of Vale Base Metals, said: "Waste-to-value and circular mining are key levers in our sustainability strategy and technology roadmap.

Circular Mining: Vale Base Metals and BluestOne sign long-term offtake agreement to repurpose refinery waste in Brazil

Retrieved on: 
Tuesday, October 3, 2023

TORONTO, Oct. 3, 2023 /PRNewswire/ -- Vale Base Metals has signed a commercial off-take and non-binding MOU with BluestOne, a leading Brazilian company that transforms waste to products for agriculture, to provide up to 50,000 tonnes per year of refinery slag from its Onça Puma mine in Brazil for the next 10 years. BluestOne will commence construction within two years of a plant near Onça Puma to process slag products into a solution to enhance carbon-efficient mineral fertilizers with broad use in the agricultural sector.

Key Points: 
  • The agreement allows Vale Base Metals to advance its circular mining ambitions by utilizing BluestOne's expertise to repurpose slag and other waste to useful valuable products.
  • A non-binding MOU setting out the scope of further cooperation in waste-to-value and circular mining has also been agreed.
  • Reduces Vale Base Metals' legacy environmental footprint at its Onça Puma mine in Brazil with opportunity to scale across operations.
  • Deshnee Naidoo, CEO of Vale Base Metals, said: "Waste-to-value and circular mining are key levers in our sustainability strategy and technology roadmap.

Bluestone Equity Partners Invests in RWS Global, the World’s Largest Provider of Live Shows, Destinations and Immersive Experiences

Retrieved on: 
Monday, September 18, 2023

Bluestone Equity Partners (“Bluestone”), the global Sports, Media & Entertainment (“SME”) private equity firm, today announced a minority investment in RWS Global, the world’s largest provider of live shows, destinations and immersive experiences across the hospitality, leisure, theatrical, corporate, retail and sports sectors.

Key Points: 
  • Bluestone Equity Partners (“Bluestone”), the global Sports, Media & Entertainment (“SME”) private equity firm, today announced a minority investment in RWS Global, the world’s largest provider of live shows, destinations and immersive experiences across the hospitality, leisure, theatrical, corporate, retail and sports sectors.
  • Built on more than 120 years of combined expertise, RWS Global is the combination of four powerhouse companies — RWS, ted, JRA and ARC.
  • Together, they design, create, cast, produce and operate more entertainment experiences and destinations than any other provider in the world.
  • From cruise ships, museums, theme parks and sports venues, to destinations, resorts, stage and screen, RWS Global delivers unmatched capabilities from ideation to execution.

LPL Financial Welcomes Financial Advisor Andrew Hayek

Retrieved on: 
Wednesday, August 16, 2023

CHARLOTTE, N.C., Aug. 16, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Andrew Hayek CFP® has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Bluestone Wealth Partners .

Key Points: 
  • CHARLOTTE, N.C., Aug. 16, 2023 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Andrew Hayek CFP® has joined LPL Financial’s broker-dealer, RIA and custodial platforms, aligned with existing firm Bluestone Wealth Partners .
  • Hayek reported having served approximately $165 million in advisory, brokerage and retirement plan assets*, and joins LPL from JP Morgan Securities.
  • After graduating in 1999, Hayek began a career in the financial services industry.
  • With the goal to best serve his clients by broadening the flexibility of offerings for his clients’ needs, Hayek chose to move to LPL Financial and join the team at Bluestone Wealth Partners.

Bluestone Equity Partners Invests in PMY Group, a Premier International Venue, Events and Infrastructure Technology Solutions Firm

Retrieved on: 
Friday, July 28, 2023

Bluestone Equity Partners ("Bluestone"), the global sports, media & entertainment (“SME”) private equity firm, today announced an investment in PMY Group ("PMY"), a premier international venue, events and infrastructure technology solutions firm.

Key Points: 
  • Bluestone Equity Partners ("Bluestone"), the global sports, media & entertainment (“SME”) private equity firm, today announced an investment in PMY Group ("PMY"), a premier international venue, events and infrastructure technology solutions firm.
  • Founded in 2009 by Paul Yeomans in Melbourne, Australia, PMY works with venues, major events and infrastructure builders around the world, providing enterprise-focused strategy, design and implementation solutions to optimize operations and drive revenue growth.
  • PMY has delivered more than $1 billion of technology solutions to over 1,000 venues and events globally, including many well-known professional facilities and events.
  • PMY will leverage the investment, along with Bluestone Equity’s deep operating experience in SME and large global network, to further its growth and international expansion strategy.

Bluestone Investment Partners Announces Board of Advisors

Retrieved on: 
Tuesday, July 25, 2023

MCLEAN, Va., July 25, 2023 /PRNewswire/ -- Bluestone Investment Partners, LP ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in defense, intelligence, and federal technology solutions providers, announced today the formation of its Board of Advisors, which includes five renowned industry leaders.

Key Points: 
  • MCLEAN, Va., July 25, 2023 /PRNewswire/ -- Bluestone Investment Partners, LP ("Bluestone"), a McLean, Virginia-based private equity firm focused on investing in defense, intelligence, and federal technology solutions providers, announced today the formation of its Board of Advisors, which includes five renowned industry leaders.
  • The Board will provide strategic guidance and subject matter expertise to Bluestone and its portfolio companies.
  • Our Board of Advisors fits this description perfectly.
  • We look forward to their engagement with Bluestone and our portfolio companies," said John Allen, Managing Partner of Bluestone.