The Stephens Group

The Stephens Group, LLC is a private, family-owned investment firm founded in 1933 and headquartered in Little Rock, Arkansas, with additional offices in Frankfurt, London, and New York. The firm specializes in private equity and venture capital, focusing on mid-venture investments, leveraged buyouts, recapitalizations, growth capital, and mature investments across a diverse range of sectors. Its investment portfolio spans agriculture, energy, industrials, software, consumer products, financial services, healthcare, and technology, among others. The Stephens Group typically invests between $10 million and $125 million in companies with enterprise values ranging from $50 million to $400 million and seeks both minority and control positions in its investments. The firm aims to partner with management teams, often pursuing a board seat in its portfolio companies to foster long-term growth and success.

Aaron Clark

Senior Managing Director

Chad Greenway

Principal and Executive Vice President

Thomas Hedrick

Operating Partner

Grant Jones

Managing Director

Knox Kiernan

Associate

Ryan Morrow

Managing Director

Ryan Morrow

Managing Director

Bradley Ong

Associate

Anthony Porcelli

Senior Associate

Witt Stephens Jr.

CEO and Co-Chairman

Eric Summerhill

Principal - Public Markets

Blake Tilley

Vice President

Tyler Train

Associate

Jon Jacoby

Vice Chairman and Senior Managing Director

Past deals in Puerto Rico

Kalkomey Enterprises

Private Equity Round in 2025
Kalkomey Enterprises, LLC, also known as Boat Ed, is a provider of online recreational safety education and certification courses focused on activities such as boating, hunting, snowmobiling, and off-road vehicle operations. Founded in 1995 and headquartered in Dallas, Texas, the company serves outdoor enthusiasts and government agencies across all 50 U.S. states, as well as in several countries including Australia, Canada, and the United Kingdom. Kalkomey's offerings include regulatory-approved courses delivered through a modern learning management system, enabling nearly one million individuals to receive training and certification annually. In addition to educational services, Kalkomey provides cloud-based agency management solutions that enhance operational efficiency for state and local agencies in key workflows, including licensing, registration, and compliance. By integrating its educational resources with agency management tools, Kalkomey aims to improve accessibility to outdoor recreation, promote participation, and foster civic engagement.
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