# Stonehenge Partners

Stonehenge Partners is an Asset Manager based in Columbus, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Columbus, United States
- **Region:** North America
- **Address:** Columbus, OH, United States
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** stonehengepartners.com
- **LinkedIn:** https://www.linkedin.com/company/stonehenge-financial-holdings-inc

## Regulatory record

- **CRD number:** 333491
- **SEC file number:** 802-131608
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/333491

## About

Stonehenge Partners is a private equity firm that partners with management teams to grow middle-market companies. It has a 25+ year history and over $1.4 billion of capital commitments. The firm invests in manufacturing, distribution, healthcare and business services, with typical investments ranging from $10 million to $50 million.

## Sectors

- Industrial Tech
- Healthcare Services
- Business Services
- Manufacturing

## People

- Andrew Bohutinsky — Managing Partner
- Peter Davies — Managing Partner
- Robert Eversole — Managing Partner
- Michael Endres — Senior Advisor
- David Meuse — Senior Advisor
- Michael Arguelles — Partner
- Erin Bender — CFO
- Sean Dunn — Director
- Sheila Behrendt — Vice President of Accounting
- Austin Berning — Vice President
- Marc Elberson — Vice President
- Patrick Shevelson — Vice President
- Jack Herceg — Associate
- Amy Finn — Office Coordinator

## Questions

### Who runs investment decisions at Stonehenge Partners?

Three managing partners — Peter Davies, Robert Eversole, and Andrew Bohutinsky — lead the firm. Senior advisors Michael Endres and David Meuse, formerly of Banc One Capital, sit on the investment committee. The firm lists 16 professionals with broad committee oversight rather than a single CIO.

### How does Stonehenge Partners source proprietary deal flow?

The firm draws on relationships built over a 25-year history in the Ohio and Midwest middle market. Its managing partners and senior advisors hold deep ties to regional banking and professional-services networks, including Banc One Capital, Fifth Third Bank, and Lincoln International, which generate off-market opportunities.

### Is Stonehenge Partners a generalist or a sector-specific investor?

Stonehenge is a generalist with clear exclusions. The firm invests across manufacturing, distribution, healthcare, and business services but states it avoids real estate, retail, and technology. This narrows it to industrial and healthcare niches within the lower middle market.

### What investment structures does Stonehenge Partners use?

The firm uses flexible structures including control and minority equity investments, as well as combinations of debt and equity. Stonehenge acts as either the sole institutional capital provider or a co-investor alongside other partners in management buyouts, acquisitions, and recapitalizations.

### Which sectors does Stonehenge Partners explicitly avoid?

The firm's website states it avoids investments in real estate, retail, and technology. This excludes the three largest sectors most lower-middle-market generalists pursue and concentrates its portfolio in manufacturing, healthcare, and business services.

## Related profiles

- [Stonehenge Growth Capital](https://altss.com/profile/stonehenge-growth-capital)
- [Stone Hill Fiduciary Management](https://altss.com/profile/stone-hill-fiduciary-management)

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Last updated: 2026-08-11T15:08:11.274Z

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