News & Events

Reuters
April 22, 2014

QinetiQ to sell US Services division for up to $215 mln

British defence technology firm QinetiQ agreed to sell its U.S. services division for up to $215 million, which it will use to help launch a share buyback and pay down debt. The former research arm of Britain’s Ministry of Defence said on Tuesday the sale to U.S. engineering group The SI Organization would allow QinetiQ to focus on its core British defence and products business and on expanding in cybersecurity.More

Company Press Release
April 14, 2014

Stone Key Group Announces Organizational Changes and Enhancements for Continued Long-Term Success

Stone Key Group today announced that effective immediately, Michael J. Urfirer will become the firm’s sole Chairman and Chief Executive Officer and Doni L. Fordyce, one of the Founding Partners of Stone Key Capital, will take on the additional responsibilities of President and Chief Operating Officer of Stone Key Group.  The leadership changes are part of the firm’s long-term strategic plan to ensure Stone Key’s continued growth.

Company Press Release
April 14, 2014

Stone Key Group Announces Management Change

Stone Key Group LLC, a private merchant bank focused on providing independent strategic and financial advisory services to, and making proprietary investments in, the Government and Commercial Technology sectors, today announced that Denis A. Bovin and Michael J. Urfirer, both Co-Chairman and Co-Chief Executive Officers of Stone Key Group, have agreed to amicably end their 20-year collaboration. Mr. Bovin has decided to leave Stone Key. Mr. Urfirer will become the firm’s sole Chairman and Chief Executive Officer.