Borgman Capital Acquires Minnesota Tile & Stone

Borgman Capital Acquires K.G. Stevens

October 12, 2022

Building Products

Milwaukee-based private equity firm Borgman Capital acquired K.G. Stevens, a Milwaukee countertop fabricator and installer that also provides cabinetry and luxury appliances. Founder Steve Kobliska retains an ownership stake and will remain president and CEO as Borgman partners with the leadership team to grow the business.

Engineered Stone Group Acquires MTI Baths and Aquatica

March 1, 2022

Building Products

The Engineered Stone Group (established by The Cranemere Group) acquired US-based MTI Baths and Europe-based Aquatica to expand its engineered stone and hydrotherapy bathing footprint in North America. The deals bring MTI's Sugar Hill, Georgia manufacturing and Aquatica's high-end solid surface/DTC capabilities into the ES Group portfolio, with both brands continuing to operate independently under existing management.

Borgman Capital Acquires Southeastern Meats

June 14, 2021

Food & Beverage

Milwaukee-based private equity firm Borgman Capital has acquired Birmingham, Alabama-based Southeastern Meats, a producer and distributor of frozen vegetables, meats, seafood and specialty items. Borgman said it will invest in Southeastern Meats' Pick 5 and Southeastern Vegetables programs and support the company's continued geographic expansion into the East Coast and Midwest.

Borgman Capital Acquires Technical Products, Inc.

February 19, 2024

Industrial Services

Borgman Capital, a Milwaukee-based private equity firm, has acquired Technical Products, Inc. (TPI), a Cleveland-headquartered regional chemical distributor. Tom Perovsek will remain president; Borgman said the partnership will help TPI expand products, service levels and geography. Terms were not disclosed.

Capstone Holding Corp. Acquires Canadian Stone Industries

December 1, 2025

Building Products

Capstone Holding Corp. (NASDAQ:CAPS) has closed the acquisition of Canadian Stone Industries (CSI), a multi-location distributor that adds approximately $15 million of annual revenue. The deal expands Capstone’s North American footprint, strengthens its premium brand portfolio, and is expected to be immediately accretive to revenue and EBITDA.

Sunstone Partners Invests in Med Tech Solutions

May 27, 2020

Healthcare Services

Sunstone Partners, a growth equity firm, made a growth investment in Med Tech Solutions (MTS) and appointed Mona Abutaleb as CEO. The investment will provide MTS with capital to accelerate growth, expand service offerings (cloud, security, managed services) and enhance service delivery while founder James Deck transitions to an active board role.