Stone Canyon Industries Holdings Acquires Kissner Group Holdings

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.

Kinetik Holdings Acquires Durango Permian from Morgan Stanley Energy Partners

June 25, 2024

Oil & Gas

Kinetik Holdings Inc. has completed the acquisition of Durango Permian LLC from investment funds managed by Morgan Stanley Energy Partners. The transaction transfers Durango Permian's Permian Basin gas gathering, processing and CO2 sequestration assets to Kinetik and includes cash and equity consideration with contingent payments tied to commissioning of the Kings Landing processing project.

Stone Point Capital Acquires ECN Capital's Kessler Group Business

October 4, 2022

Financial Services

Funds managed by Stone Point Capital have completed the acquisition of all issued and outstanding equity interests in ECN Kessler Holdco LLC (the Kessler Group) from ECN Capital. ECN Capital said it will use the net proceeds to pay down debt and redeploy capital to accelerate tuck-in acquisitions in its prime marine and RV financing business.

Commercial Energy Specialists Holdings Acquires Knorr Systems, Inc.

May 9, 2022

Environmental Services

Commercial Energy Specialists Holdings LLC (CES Holdings), a platform formed by Turning Basin Capital Partners and Vigeo Investments with CEO Alvaro Mendoza, acquired Knorr Systems, Inc. (KSI), a Santa Ana, California-based provider of service-supported distribution and water quality control equipment for commercial and institutional pools. LNC Partners provided financing (senior subordinated term loan and equity co-investment); KSI's management, led by President Rich Robert, will remain to support geographic expansion and integration into CES's Q5 Water Quality Management program.

Sterling Construction Acquires Kimes & Stone

December 28, 2021

Construction

Sterling Construction Company, Inc. has acquired Kimes & Stone, a soil stabilization and site development services provider, in an all-cash transaction for $7.6 million (approximately 3–4x EBITDA). The acquisition includes Kimes’ equipment fleet, working capital and management team, and is intended to vertically integrate Sterling’s specialty infrastructure services and expand capacity and geographic footprint across the U.S. Southeast.

Kissner Group Holdings Acquires NSC Minerals Ltd.

January 16, 2019

Manufacturing

Kissner Group Holdings LP, a North American salt producer platform backed by Metalmark Capital and partners, has acquired NSC Minerals Ltd. from Altas Partners and The Stephens Group. The add-on deal (closed January 16, 2019) expands Kissner's geographic footprint into Western Canada and broadens its product mix with NSC's salt and calcium chloride capabilities.