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Capstone closes acquistion of Carolina Stone Products

Capstone Holding announced the closing of its previously announced acquisition of Carolina Stone Products ahead of schedule. Transaction Highlights: Closing Date: August 22, 2025; Target: Carolina Stone Products; Financials: Revenue $11 million; LTM EBITDA $0.75 million/ 2026 1.001 million; Purchase Price & Multiple: $3.9-$4.7 million; Accretion: Immediately accretive to revenue and EBITDA at close; Strategic fit: Expands Southeast footprint; adds premium brands; supports margin expansion. “With Friday’s closing, we’re delivering exactly what we said we would: immediately accretive acquisitions at disciplined valuations,” said Matthew Lipman, CEO. “Carolina Stone strengthens our brand portfolio, gives us a foothold in one of the nation’s fastest-growing construction markets, and positions us for a ~$100 million revenue run-rate entering 2026.”

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