Badge Stone is a Managing Partner and co-founder of WSC & Company and is involved all aspects of the firm’s search fund activities, inclusive of the search, acquisition and operation phases.
While at WSC, Mr. Stone acquired and operated Perimeter Security Systems (“PSS”). PSS is a leading provider of monitored, electric fences to commercial and industrial customers. Perimeter Security Systems was sold to Electric Guard Dog (Snow Phipps Group, LLC) in August 2016.
Prior to co-founding WSC, Badge served as President of Stone Pump & Trench, an infrastructure equipment rental business. Badge developed and led the execution of a turnaround plan which resulted in EBITDA improvement of 71% in the first 12 months. Badge sold the North and South Carolina operations to National Trench Safety in 2013 and the Tennessee operations to Cross Country Pipeline (Odyssey Investment Partners) in 2015.
Before Stone Pump & Trench, Badge co-founded HeelHorn Partners, a search fund, and worked for VF Imagewear, a Nashville-based division of VF Corporation (NYSE: VFC). While at VF Imagewear, Badge focused on operations, mergers and acquisitions, and internal growth projects.
Prior to VF, Badge worked for McColl Partners and First Union Securities’ M&A Group (formally Bowles Hollowell Conner) as a middle-market investment banker focused primarily on sell-side assignments, private capital raises, and leveraged buyouts.
Badge holds a Business Administration degree with Distinction from the University of North Carolina at Chapel Hill, where he was a Morehead Scholar, and an M.B.A. from Harvard Business School.