Capstone Signs LOI to Acquire Southeast Stone Co.
Capstone Holding Corp. (NASDAQ:CAPS) has signed a non-binding letter of intent (LOI) to acquire a Southeast-based distributor of thin veneer stone and hardscape materials. The strategic acquisition marks Capstone's expansion into the Southeastern U.S. market, targeting one of the fastest-growing construction markets in the country.
The target company specializes in serving residential and commercial builders and contractors. The acquisition terms align with Capstone's investment thesis for tuck-in deals, priced at 4x to 6x EBITDA with 20% to 45% non-cash consideration.
Capstone has reaffirmed its full-year targets of achieving a $100 million revenue run rate and $10 million in adjusted EBITDA. The company expects the acquisition to reduce freight costs, improve delivery times, and enhance customer service in the Southern region.
Capstone Holding Corp. (NASDAQ:CAPS) ha firmato una lettera di intenti non vincolante (LOI) per acquisire un distributore con sede nel Sud-Est specializzato in pietra sottile a lastra e materiali per paesaggistica. Questa acquisizione strategica segna l'espansione di Capstone nel mercato del Sud-Est degli Stati Uniti, puntando a uno dei mercati edilizi in più rapida crescita nel paese.
L'azienda target si concentra su clienti residenziali e commerciali, tra cui costruttori e appaltatori. Le condizioni dell'acquisizione sono in linea con la strategia di investimento di Capstone per operazioni di integrazione, con un prezzo compreso tra 4x e 6x EBITDA e una componente non monetaria variabile dal 20% al 45%.
Capstone ha confermato i propri obiettivi annuali, mirando a un fatturato annuo di 100 milioni di dollari e a un EBITDA rettificato di 10 milioni di dollari. L'azienda prevede che l'acquisizione contribuirà a ridurre i costi di trasporto, migliorare i tempi di consegna e potenziare il servizio clienti nella regione Sud.
Capstone Holding Corp. (NASDAQ:CAPS) ha firmado una carta de intención no vinculante (LOI) para adquirir un distribuidor ubicado en el sureste especializado en piedra delgada de chapa y materiales para paisajismo. Esta adquisición estratégica marca la expansión de Capstone en el mercado del sureste de Estados Unidos, enfocándose en uno de los mercados de construcción de más rápido crecimiento del país.
La empresa objetivo se especializa en atender a constructores residenciales y comerciales, así como contratistas. Los términos de la adquisición están alineados con la tesis de inversión de Capstone para operaciones de integración, con un precio entre 4x y 6x EBITDA y una consideración no monetaria del 20% al 45%.
Capstone ha reafirmado sus objetivos anuales, buscando alcanzar una tasa de ingresos de 100 millones de dólares y un EBITDA ajustado de 10 millones de dólares. La compañía espera que la adquisición reduzca los costos de transporte, mejore los tiempos de entrega y potencie el servicio al cliente en la región sur.
Capstone Holding Corp. (NASDAQ:CAPS)는 동남부 지역의 얇은 베니어 스톤 및 조경 자재 유통업체를 인수하기 위한 구속력 없는 의향서(LOI)를 체결했습니다. 이번 전략적 인수는 미국 동남부 시장으로의 확장을 의미하며, 미국 내 가장 빠르게 성장하는 건설 시장 중 하나를 겨냥하고 있습니다.
대상 회사는 주거 및 상업용 건설업자와 계약자를 대상으로 전문 서비스를 제공합니다. 인수 조건은 Capstone의 인수합병 투자 전략과 부합하며, EBITDA 4배에서 6배 사이의 가격과 20%에서 45%의 비현금 대가로 책정되었습니다.
Capstone은 연간 목표로 1억 달러 매출 달성과 조정 EBITDA 1,000만 달러를 재확인했습니다. 이번 인수를 통해 운송 비용 절감, 배송 시간 개선, 남부 지역 고객 서비스 향상을 기대하고 있습니다.
Capstone Holding Corp. (NASDAQ:CAPS) a signé une lettre d'intention non contraignante (LOI) pour acquérir un distributeur basé dans le Sud-Est spécialisé dans les pierres en placage mince et les matériaux d'aménagement paysager. Cette acquisition stratégique marque l'expansion de Capstone sur le marché du Sud-Est des États-Unis, ciblant l'un des marchés de la construction à la croissance la plus rapide du pays.
L'entreprise cible se spécialise dans le service aux constructeurs résidentiels et commerciaux ainsi qu'aux entrepreneurs. Les conditions de l'acquisition sont conformes à la thèse d'investissement de Capstone pour les opérations d'intégration, avec un prix compris entre 4x et 6x EBITDA et une contrepartie non monétaire allant de 20% à 45%.
Capstone a réaffirmé ses objectifs annuels, visant un chiffre d'affaires récurrent de 100 millions de dollars et un EBITDA ajusté de 10 millions de dollars. La société s'attend à ce que l'acquisition réduise les coûts de transport, améliore les délais de livraison et renforce le service client dans la région Sud.
Capstone Holding Corp. (NASDAQ:CAPS) hat eine unverbindliche Absichtserklärung (LOI) zum Erwerb eines im Südosten ansässigen Händlers für dünne Furniersteine und Landschaftsbau-Materialien unterzeichnet. Diese strategische Akquisition markiert Capstones Expansion in den Südostmarkt der USA und zielt auf einen der am schnellsten wachsenden Baumärkte des Landes ab.
Das Zielunternehmen ist auf die Belieferung von Wohn- und Gewerbebauern sowie Auftragnehmern spezialisiert. Die Akquisitionsbedingungen entsprechen Capstones Investmentstrategie für Zukäufe und liegen bei 4x bis 6x EBITDA mit einer 20% bis 45% nicht monetären Gegenleistung.
Capstone hat seine Jahresziele bestätigt und strebt eine Umsatzlaufleistung von 100 Millionen US-Dollar sowie ein bereinigtes EBITDA von 10 Millionen US-Dollar an. Das Unternehmen erwartet, dass die Übernahme die Frachtkosten senkt, die Lieferzeiten verbessert und den Kundenservice in der südlichen Region stärkt.
- Strategic entry into the high-growth Southeastern U.S. construction market
- Expected operational improvements in freight costs and delivery times
- Acquisition aligned with company's disciplined M&A strategy at 4x-6x EBITDA
- Reaffirmed strong financial targets of $100M revenue run rate and $10M adjusted EBITDA
- LOI is non-binding and subject to definitive agreement
- Significant portion of consideration (20-45%) in non-cash form
Insights
Capstone's Southeast expansion aligns with growth strategy; LOI signals disciplined M&A approach while maintaining financial targets.
Capstone's non-binding LOI to acquire a Southeast stone distributor represents a strategic geographic expansion into one of the nation's fastest-growing construction markets. This move directly supports their articulated growth-through-acquisition strategy by targeting established local operators in high-growth regions.
The planned acquisition offers three clear operational advantages: reduced freight costs, improved delivery times, and expanded customer reach in the Southeast. These efficiencies should contribute to margin improvement once integrated.
The disclosed acquisition parameters align with management's previously communicated investment thesis for tuck-in deals: 4x to 6x EBITDA with 20% to 45% non-cash consideration. This disciplined valuation approach helps preserve capital while using equity strategically in their consolidation efforts.
Most importantly, management has reaffirmed their full-year targets of a
While this LOI remains non-binding and subject to definitive agreements, it demonstrates management's continued execution against their stated expansion blueprint while maintaining financial discipline.
Reaffirms its full-year target of a
NEW YORK CITY, NEW YORK / ACCESS Newswire / July 1, 2025 / Capstone Holding Corp. (NASDAQ:CAPS), a national building products distribution company, today announced it has signed a non-binding letter of intent ("LOI") to acquire a Southeast-based distributor of thin veneer stone and hardscape materials.
The planned acquisition marks Capstone's entry into the Southeastern U.S. market - a key region in the company's expansion strategy. The target business is known for its strong relationships with residential and commercial builders, and contractors.
"This move extends our national footprint into one of the fastest-growing construction markets in the country," said Matt Lipman, CEO of Capstone Holding Corp. "We're excited by the opportunity to partner with a proven operator and expand our wholesale stone product offerings in this high-growth region. With our platform, we see clear opportunities to reduce freight costs, improve delivery times, and better serve an expanding customer base in the South."
The LOI is non-binding and subject to the negotiation of a definitive stock purchase agreement and other customary conditions. If completed, the acquisition would represent another step in Capstone's strategy to scale through disciplined M&A, targeting strong local operators in growing markets. The purchase price is in line with the formula presented to investors in the Company's investment thesis for tuck-in deals - 4x to 6x EBITDA with
Capstone continues to pursue acquisitions at attractive valuations while reaffirming its full-year targets of a
About Capstone Holding Corp.
Capstone Holding Corp. (NASDAQ:CAPS) is a diversified platform of building products businesses focused on distribution, brand ownership, and acquisition. Capstone's Instone subsidiary currently serves 31 U.S. states, with proprietary offerings including stone veneer, landscape stone, and modular masonry systems. Capstone's strategy blends organic growth with disciplined, accretive M&A, supported by a shareholder-aligned capital structure. Learn more at www.capstoneholdingcorp.com.
Investor Contact:
investors@capstoneholdingcorp.com
Forward-Looking Statements
This press release contains certain "forward-looking statements". These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "estimate," "intend," "plan," "believe," or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure investors that such expectations will turn out to be correct, and the Company cautions that actual results may differ materially from anticipated results. Additional factors are discussed in the Company's public filings with the Securities and Exchange Commission, available for review at www.sec.gov.
SOURCE: Capstone Holding Corp.
View the original press release on ACCESS Newswire
FAQ
What company is Capstone (NASDAQ:CAPS) planning to acquire in 2025?
What are the financial terms of Capstone's planned Southeast Stone acquisition?
What are Capstone's (CAPS) revenue targets for 2025?
How will the Southeast Stone acquisition benefit Capstone's operations?
Is Capstone's Southeast Stone acquisition final as of July 2025?
