Capstone Holding signs LOI to acquire stone distribution business

Capstone Holding signed a non-binding letter of intent to acquire a multi-location stone distribution business with $15M in annual revenue. The planned acquisition is expected to be immediately accretive to both revenue and EBITDA, further accelerating progress toward Capstone’s $100M run-rate revenue target for 2026. Key Highlights: Transaction: LOI signed for the acquisition of a stone distributor, expanding Capstone’s geographic presence. Financial Impact: Adds significant revenue and is expected to boost EBITDA immediately upon closing. Valuation & Structure: Purchase price at about Net Asset Value, with roughly 50% of consideration in notes or contingent consideration. Strategic Fit: Broadens Capstone’s footprint and premium brand portfolio, reinforcing scale and market leadership. Growth Target: Moves the company closer to its goal of a $100M revenue run-rate. Closing Timeline: Subject to definitive agreement and customary conditions; targeting closing within 45 days.