Houlihan Lokey Advises Stonehill Environmental Partners

Houlihan Lokey is pleased to announce the sale of Stonehill Environmental Partners (Stonehill), a portfolio company of Golden Gate Capital (Golden Gate). The transaction closed on March 11, 2025.

Launched in 2021 with a de novo investment from Golden Gate in partnership with Stonehill CEO Jay Parkinson, Stonehill is an environmental services business that enables energy customers to recycle and dispose of water safely, reliably, economically, and with minimal carbon emissions. Since Golden Gate’s investment, the business has quadrupled earnings organically through the growth of both new and existing contracts with premier energy counterparties.

Golden Gate is a San Francisco-based private equity firm focused on partnering with management teams to build exceptional consumer, industrials, technology, and financial services companies. Since its founding in 2000, the firm has managed approximately $20 billion in cumulative committed capital.

Houlihan Lokey served as the lead financial advisor to Stonehill on the transaction. This deal highlights Houlihan Lokey’s preeminent position and continued success advising clients in the environmental services sector, having successfully advised on 35 signed or closed transactions since the beginning of 2023.

If you would like more information about Houlihan Lokey or have questions regarding the firm’s role in this transaction, please contact one of the team members listed below.

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