We are the largest financier of federal and state tax credits in the country.
We provide venture capital, private equity and mezzanine debt to innovative companies in markets lacking non-bank financing options.
We focus on investing in low-income communities with the support of a variety of federal and state tax credit programs.
Stonehenge Community Development, LLC, today announced an investment in OTW Safety, an advanced manufacturing company that designs, engineers and supplies high-quality safety barricades for a range of industries worldwide.
Richard Allen, Director at Stonehenge Capital, will serve as a panelist on State Policies to Support Opportunity Zones at a workshop co-hosted by the Rural Jobs Coalition and the Tennessee Chamber of Commerce & Commerce on August 6 in Nashville,Tenn.
This investment is the first of many by Stonehenge in small businesses located in rural Ohio that are poised for growth but lack access to affordable growth capital.
Holton Cattle & Consulting is one of the investments by Stonehenge Capital that was made possible through the Georgia Agribusiness and Rural Jobs Act (GARJA), enacted in 2017 to provide a mechanism whereby access to capital is available to small businesses within rural parts of Georgia.
Participants, including Stonehenge Capital, utilized $3.2 billion in NMTC allocation to deliver $6.1 billion in total project investment, including the financing of 286 projects in 48 states, Puerto Rico and the District of Columbia and the creation of 58,360 jobs.
Founded in Louisiana in 1999, Stonehenge Capital now manages more than $3 billion in investments across its three business lines. The company has financed more than 330 companies in hundreds of locations across the United States, investing in projects that have enabled businesses to create and retain more than 43,000 jobs.
The capital provided by Stonehenge Capital through the Nebraska New Markets Tax Credit program will help Langer to grow its new headquarters in Scottsbluff, an area of great economic distress, and to create 10 new jobs in a community with a population of approximately 15,000.
Allen will be responsible for expanding Stonehenge’s real estate investment capabilities, including providing equity capital to qualified businesses located in Opportunity Zones.
Stonehenge Capital Company, LLC, is pleased to announce that L’Quentus Thomas has been promoted to Managing Director. The promotion was recently announced at the firm’s 20th anniversary meeting in Bluffton, South Carolina.
Whitney LaNasa, Managing Director at Stonehenge Capital, will serve as a panelist at the IPED Annual Historic Tax Credit Summit in Washington, D.C. on June 20, 2019.
Stonehenge Capital President, Tom Adamek and Assistant Vice President, Ryan Congrove, will join Ricardo Rosselló, Governor of Puerto Rico and Rosa Martinez, Acting Program Manager, U.S.Department of Treasury CDFI Fund’s New Markets Tax Credit, among others for the grand opening of the new Romark pharmaceutical manufacturing facility in Manati.
The promotion was recently announced at the firm’s 20th anniversary meeting in Bluffton, South Carolina. In her new role, LaNasa will continue to develop and grow the Tax Credit Services business line across the country.
Investment allows e-commerce car parts leader to expand Connecticut facility and online business
Investment enables construction firm’s expansion through New Markets Tax Credits
In Dallas, Texas, the development community awaits the release of final rules later this month by the IRS for Opportunity Zones. With investors lining up deals within the zones, Bisnow interviewed Tom Adamek, president of Stonehenge Capital and panelist in the upcoming Bisnow Texas Opportunity Zone Summit.
President of Stonehenge Capital, Thomas Adamek, is scheduled to serve on a panel of speakers at The OZ Breakdown: How You Can Reap the Benefits in Dallas, Texas on April 9, 2019.
Since the Program’s inception in 1977, more than 44,000 structures have been rehabilitated using the Federal HTC with over $96 billion in investment into those projects, including $6.9 billion in private investment in historic preservation in FY 2018.
Only a mile apart in Memphis, Tennessee, two companies, TAG Truck Center and JNJ Logistics, have benefited from the Federal New Markets Tax Credit Program to finance new facilities and create jobs in an area with a more than 20 percent unemployment rate.
Stonehenge Community Development, LLC, a subsidiary of Stonehenge Capital, today announced an investment in Novus Advanced Manufacturing, a minority-owned and operated business that manufactures steel framing components for commercial and residential construction.
A high-profile Texas historic preservation project financed by Stonehenge Capital recently received recognition for the complexity of the overall redevelopment and financing process – along with the expertise required to see the project through.
Stonehenge Capital today announced an investment in the Buffett Early Childhood Fund’s Omaha Early Learning Center at Kennedy, a Head Start-funded, early care and education center that will serve children from birth to age five in North Omaha, primarily in the Highlander/Pleasantview neighborhood.
Stonehenge Capital, in partnership with Capital One, Mid-City Community, Empowerment Reinvestment Fund and HEDC New Markets, today announced a $33 million investment in New Markets Tax Credit financing for Romark Global Pharma LLC.
A historic Dallas, Texas, school that was transformed into a mixed-use development with financing from Stonehenge Capital has earned LEED Gold Certification for exceptional Leadership in Energy and Environmental Design.
Stonehenge Capital today announced an investment in Flex-N-Gate Detroit (FNG), a manufacturer of automotive components, including bumpers and other exterior trim products, which will help to revitalize one of Detroit’s most distressed neighborhoods with a new 494,000-square-foot manufacturing facility.
The Pizitz building, a project financed and partly owned by Stonehenge Capital, has been named Best Historic Project in the 2018 Marvin Architects Challenge.
Steven LeBlanc, a vice president at Stonehenge, recently joined U.S. Senator Bill Cassidy (R-LA) on a panel to discuss Opportunity Zones and how they will help to boost the local economy in highly distressed and low-income communities in Louisiana and beyond.
The Greater Baton Rouge Business Report, a journal that has covered business in the Baton Rouge area for 35 years, has published a profile of Stonehenge Capital praising the company’s success and the entrepreneurial spirit of its founders, Tom Adamek and Gordon LeBlanc.
FAIRFIELD, Conn. – Convexity Scientific Inc., a life sciences company committed to bringint the best user experience to patients through innovative design and distribution of medical devices, announced today that it has closed an equty investment....
Verogy, a solar-development company, announced today it has raised $5 million in pre-seed equity capital from Stonehenge Capital, a provider of venture capital, private equity and mezzanine debt.
The investment, made through the federal New Markets Tax Credit Program and supported by an investment from JPMorgan Chase, will enable DMS to retain 130 jobs in Detroit and to create more than 135 new full-time jobs with full benefits in Toledo.
Stonehenge Capital and Chase today announced an investment in the new Williams Sausage Company factory in Union City.
An effort to transform the former Mall of Memphis site in Tennessee recently moved forward with the announcement that Stonehenge Capital will help to finance a new TAG Truck Center facility on the property.
The Martin Luther King Jr. Community Hospital in South Los Angeles is transforming the area's health care landscape thanks to innovative investments made with federal New Markets Tax Credits.
Stonehenge Capital participated as a partner in a historic tax credit project highlighted by the National Park Service in its annual report released this week.
The west side of Birmingham, Ala., received much-needed economic development in 2011 in the form of a 750,000-square-foot, $50 million sports arena called the Birmingham CrossPlex.
Stonehenge Capital has won "Deal of the Year" awards from the Novogradac Journal of Tax Credits for two 2017 New Markets Tax Credit investments. Novogradac hands out just four of these awards each year, and Stonehenge received two for recent community development projects...
This project, located in a highly distressed area of downtown Toledo, involves the renovation of a historic steam plant building that had been vacant since 1985. The new downtown campus development will create nearly 300 construction jobs and 600 new full-time jobs during the first five years while also retaining approximately 900 full-time jobs.