DFX Intelligence

The names on this page are hidden. Create a free account to reveal 5 records a month, or get Private Equity Intelligence at $249 a month for every name. Every figure, date and source on this page is public either way.

S••••••• T••••••••• G••••• L••

Buyout firmClassification confirmedLower middle marketSEC registered investment adviser· Menlo Park, CAs•••••••••.com

Buyout firm, based in Menlo Park, CA.

Composed from this firm's filed classification and location. It has no published description on record.

As of 2026-09-21 · identity and classification; each section below carries its own date

Regulatory AUM: $429M
PE fund assets: $429M
PE funds: 7
Investments held: 3 of 3
Deals, last 12 months: 0

Funds and vehicles Team (8)Transactions

As of 2026-09-21 · identity and classification; each section below carries its own date

Why this matters

Also held on 2 other DFX graphs, so its behaviour can be read from more than one side.
Graphs 2
Reported $429M of regulatory assets at its last Form ADV filing.
2024-03-29
RAUM $429M

Classification

How this organization is classified, and on what basisBuyout firm · 1 in historyShow

Class: Buyout firmconfirmed, confidence 85%
Basis: R6: 8 of 8 distinct vehicles are sworn Private Equity Funds; 7 reported gross assets on a filing in 2022 or later
Size band: Lower middle marketdefined by: proxy: $0.43bn Private Equity Fund GAV on the Form ADV filed 2024-03-29

Classification history (1)

Sep 13, 2026
Buyout firm (confirmed, 85%, cls-pe-1)
R6: 8 of 8 distinct vehicles are sworn Private Equity Funds; 7 reported gross assets on a filing in 2022 or later

Regulatory footprint (Form ADV)

Adviser type: registered investment adviser
Form ADV filings: Feb 9, 2012 to Mar 29, 2024
RAUM: $429Mregulatory assets under management of the adviser; not dry powder, not a fund size
PE funds, latest filing: 7
PE fund GAV, latest filing: $429Mreported gross assets (Form ADV), not fund size
All private fund GAV: $429Mevery private fund type, latest filing
2024 PE fund GAV: $429Msum over funds typed Private Equity Fund with a 2024 or later as-of date
PE share of funds, lifetime: 100%
Fund type mix: filed 2024-03-29, latest gav Private Equity Fund $429M, latest counts Private Equity Fund 7, lifetime distinct Private Equity Fund 8
Employees: 71
Headquarters: Menlo Park, CA
Office address: ••• Locked
Business phone: ••• Locked

Stated criteria beside observed behaviour

3 observed deals

Stated by the firm

Sectors: not stated or not yet read
Geography: not stated or not yet read
Revenue: not stated or not yet read
EBITDA: not stated or not yet read
Enterprise value: not stated or not yet read
Equity check: not stated or not yet read
Control: not stated or not yet read
Thesis: not stated or not yet read

Observed from deals on record

roles: platform 3
period: to 2023-03-13, from 2018-05-09, undated holdings 0, dated observations 6
window: last 2023-03-13, first 2018-05-09
control: control 3
companies: 3
geography
investments: 3
seller kinds: corporate parent 1
transactions: 3
cadence by year: 2018 platforms 1, 2021 other deals 1, 2023 platforms 1
platform add on: add ons 0, platforms 3, add ons per platform 0
sector known for: 2
disclosed value usd: n 0
sector distribution: count 1, share 0.333, value business services, examples CAI Software, count 1, share 0.333, value software, examples Trace One
holding period years: n 0
repeat counterparties
subsector distribution: count 1, share 0.333, value engineering services, examples CAI Software, count 1, share 0.333, value vertical software, examples Trace One

3 companies on the graph (3 transactions); most in business services (1); 3 platforms and 0 add-ons; observed 2018 to 2023

Funds

8 on record

Fund	Vehicle	Vintage	Reported gross assets (Form ADV), not fund size	Form D sold	Lifecycle
S•• S•• L••• ADV: Private Equity Fund	buyout or unlabelled	2021 first reported on Form ADV	$33.4M as of Mar 29, 2024	no Form D	Unknown
S•• I• •••••••• L••• ADV: Private Equity Fund	Feeder or parallel	2019 first reported on Form ADV	$18.2M as of Mar 29, 2024	no Form D	Harvest
S•• I••• •••••••• L••• ADV: Private Equity Fund	Feeder or parallel	2019 first reported on Form ADV	$13.2M as of Mar 29, 2024	no Form D	Harvest
S••••••• T••••••••• I•••• L••• ADV: Private Equity Fund	Feeder or parallel	unknown	$507M as of Feb 27, 2018	no Form D	Wound down
S•• I•• L••• ADV: Private Equity Fund	buyout or unlabelled	unknown	$171M as of Mar 29, 2024	no Form D	Harvest
S•• I•••• L••• ADV: Private Equity Fund	Feeder or parallel	unknown	$113M as of Mar 29, 2024	no Form D	Harvest
S•• I••• L••• ADV: Private Equity Fund	buyout or unlabelled	unknown	$70.5M as of Mar 29, 2024	no Form D	Unknown
S•• I••••• L•• ADV: Private Equity Fund	Feeder or parallel	unknown	$9.4M as of Mar 29, 2024	no Form D	Unknown

Team

8 current, 1 former

Managing partner (2)

W•••••• F•••••• C••••••• · Managing Partner · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
W•••••• F•••••• C••••••• · Managing Partner · start date unknown Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)

Partner (2)

J••••• T•••••• T•••••••• · Managing Director · since Jul 1, 2010 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
M••• B••• · Managing Director · since Jul 1, 2013 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)

Board or advisory (2)

R••••• T••••••• W••••••• · Trustee Of R••••• A•• K••••••• W••••••• T•••• U•••• J••• 1•• 1••• · since Jul 1, 1997 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
W•••••• F•••••• C••••••• · Trustee Of C••••••• L••••• T•••• U•••• A••••• 1•• 2••• · since Aug 1, 2000 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)

Platform (2)

D•••••• M••••••• H••••• · Managing Director, Coo · since Jan 1, 2011 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)
S•••••• E• H••••••••• · Managing Director, Cfo, Cco · since Jan 1, 2013 SEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)

1 former (kept with end dates)

B•••••• P••• M•••••••• · Cfo, Cco · Feb 1, 2008 to Jan 29, 2013 Inference

Portfolio

3 relationships, 3 platforms, 0 add-ons

Company	Role	Status	Invested	Held	Partner	Source
T•••• O••	Platform	active	Mar 13, 2023 transaction announcement	3.5 years	unknown	Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
C•• S•••••••	Platform	active	Dec 13, 2021 transaction announcement	4.8 years	W•••••• F•••••• C••••••• (confirmed)	Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
W••••••••• H•••••••• L••	Platform	active	May 9, 2018 transaction announcement	8.4 years	unknown	Fact Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)

Transactions

3 on record

Date	Type	Target	This firm’s role	Source
Mar 13, 2023	Platform acquisition	T•••• O••	Sponsor (confirmed)	hgcapital.com
Dec 13, 2021	Majority investment	C•• S•••••••	Sponsor (confirmed)	globenewswire.com
May 9, 2018	Platform acquisition	W••••••••• H•••••••• L••	Sponsor (confirmed)	twinbridgecapital.com

Placement agents, lenders, advisers and co-investors

3 relationships

Financial advisers (1)

S••••••• C•••••• P••••••• 1 shared · one time · last May 9, 2018

Legal advisers (1)

P••• H•••••••• L•• 1 shared · one time · last Dec 13, 2021

Accounting advisers (1)

P••••••••• L•• 1 shared · one time · last Dec 13, 2021

LP commitments

0 disclosed

No LP commitment collected yet. An LP edge needs a public disclosure with a quote, such as a pension plan’s report or an announcement naming the LP.

Events

4 most recent

Mar 13, 2023
Hg sells T•••• O•• to S••••••• T••••••••• G••••
Platform investmentFactT•••• O••Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
Dec 13, 2021
C•• S••••••• Announces Majority Investment by S••••••• T••••••••• G•••• (STG)
Platform investmentFactC•• S•••••••Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
May 9, 2018
S••••••• T••••••••• G•••• Acquires W••••••••• H•••••••• L••
Platform investmentFactW••••••••• H•••••••• L••Press release wires (PR Newswire, GlobeNewswire, Business Wire public pages and RSS)
Feb 9, 2012
S••••••• T••••••••• G••••• L•• first filed Form ADV in the extract (IA)
First Form ADV filingFactSEC Form ADV filing data 2011 to 2024 (Schedule D 7.B.(1) private funds, Schedules A/B, 1.I websites)

Scores and what they are made of

Freshness100 · HIGH: as of: 2026-09-21items: [{"code":"DAYS_SINCE_NEWEST_EVIDENCE","points":1,"evidence":"0 days"}]method: sum of component points, capped at 1.0
model score-pe-1
Research priority47 · MODERATE: as of: 2026-09-21items: [{"code":"SCALE_BAND","points":0.2,"evidence":"LOWER_MIDDLE_MARKET"},{"code":"COmethod: sum of component points, capped at 1.0
model score-pe-1
Investment velocity0 · LOW: as of: 2026-09-21items: []method: sum of component points, capped at 1.0
model score-pe-1
Acquisition appetite0 · LOW: as of: 2026-09-21items: []method: sum of component points, capped at 1.0
model score-pe-1
Profile completeness67 · ELEVATED: as of: 2026-09-21items: [{"code":"FIELDS_PRESENT","points":0.6666666666666666,"evidence":["website","funmethod: sum of component points, capped at 1.0
missing: description, stated criteria, lenders, lps
model score-pe-1
Fund deployment activity0 · LOW: as of: 2026-09-21items: []method: sum of component points, capped at 1.0
model score-pe-1

Across DFX

Independent Sponsor Intelligence (matched on shared crd)

Record

First observed: Sep 13, 2026
Last observed: today
Observations: 29
Sources: 4
Open research tasks: 5

Reading this profile

Reported gross assets are what an adviser told the SEC a fund held on a date. They are not the fund’s size and not dry powder. RAUM is a regulatory measure of the adviser, not capital available to invest.

A section that says nothing has been collected means exactly that: the graph has not read that kind of record for this firm yet.

Across the graphs

S••••••• T••••••••• G••••• L•• is the same institution as 2 records in Independent Sponsors and RIA and Wealth.

Independent Sponsors1RIA and Wealth1

Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

Checking your plan…