Keystone was founded in 1994 with the objective of investing the personal capital of its partners in high quality, market-leading businesses; patiently building long-term value alongside management through organic growth and strategic acquisitions. Today, Keystone manages over $1 billion in capital commitments across two funds - Keystone Capital Fund II, LP ("Fund II") and its most recent Keystone Capital Fund III, LP (“Fund III”), with Fund III representing $630 million of capital commitments. To maintain consistency with its historical investment strategy and align interest across all stakeholders, the principals of Keystone collectively represent the largest single investor in both Fund II and Fund III, with both Funds having been structured with an extended life to support investment period flexibility. Over the course of its history, Keystone has completed over 40 platform investments and more than 170 total acquisitions with a focus on professional & tech-enabled services, engineering & technical services, commercial & industrial services, food & beverage manufacturing, and engineered products.
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Congrats to the VDA team for the Apex addition and great work to Sean Lyons and Patrick Helle at Keystone in supporting the VDA team with this strategic partnership!
VDA is pleased to announce that APEX Elevator Inspection & Testing, LLC has joined the VDA family of companies. Join us in welcoming APEX to our team. Click here for more information about this exciting news: https://bit.ly/4cHNjmu #vda #leadingtheway #apex #elevatorinspections
Congrats to the Inspire11 team for completing a strategic acquisition!
Inspire11 is thrilled to announce our acquisition of Integral, an innovative software engineering company. This strategic investment propels our AI and software engineering capabilities, reinforcing our dedication to staying at the forefront of innovation and emerging technology and seamlessly integrating AI into everything we do. Read our official announcement here: https://lnkd.in/gjZZSYiy.
Excited for the VDA team to announce another strategic expansion to the business!
VDA is excited to announce that GUNN Consultants Inc. has joined the VDA family of companies. Please join us in welcoming them to our team. To read more about this partnership, click here: https://bit.ly/3W0qMdJ #vda #gunnconsultants #leadingtheway #elevatorconsultants #elevatorinspections
Congratulations to New Mountain Capital and the Consor team on this exciting new chapter! We’re humbled to have played our part in Consor’s evolution over the past eight years and look forward to seeing what this outstanding team does next.
Today Consor enters an exciting new chapter! After our eight-year journey with Keystone Capital, we're thrilled to announce our new partnership with New Mountain Capital. This shift opens doors to new markets and cultivates career development opportunities, which in turn expands our potential to positively impact communities. Delivering tailored local infrastructure solutions that harness industry-renowned expertise, Consor is dedicated to a practice built on trusted partnerships and a collaborative culture. Our transition to New Mountain strengthens our drive to advance this vision. We approach the future with a growth mindset, excited by opportunities to support our team members in taking their careers to the next level. Fueled by our new partnership, we remain focused on our mission of providing infrastructure solutions that positively impact our communities from the inside out. Learn more about Consor’s future with New Mountain: https://lnkd.in/dveYByuX Are you ready to join a team that's driven to solve complex infrastructure challenges together? Explore our job openings: https://lnkd.in/dWuD-Gfe And stay tuned for more updates as we continue to deliver future-ready water and transportation infrastructure in communities across North America! #consor #growthmindset #publicworks
Keystone is pleased to announce that its portfolio company BarkleyOKRP has completed the acquisition of the Adlucent business from Advantage Solutions Inc. (NASDAQ: ADV). BarkleyOKRP is a full-service, independent marketing agency that was formed in March 2024 when Keystone facilitated a merger between independent agencies Barkley and OKRP. BarkleyOKRP will now have offices in Kansas City, Chicago, Denver, New York City, Pittsburgh, and Austin, with more than 800 employees dedicated to creating bold work that resonates with the modern consumer. The firm serves brands such as Burger King, Metro by T-Mobile, Planet Fitness, Motel 6, Corona Premier, AMC Theatres, Winnebago and more. Adlucent represents the second acquisition into the platform since Keystone established the partnership in September 2023. For more information, please visit BarkleyOKRP.com.
The Keystone team is nurturing nature on this Earth Day by utilizing our "green thumbs" with the help of Gardenuity to bring tropical plants to our indoor space!
Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that its portfolio company Integra Testing Services, LLC (“Integra”) has completed the acquisition of the Controlled Environment Certification Services business (“CE Services”) of STERIS Corporation. CE Services is a provider of cleanroom and controlled environments certification, service/repair, and environmental monitoring services to the life sciences industry. The acquisition represents a strategic advancement into a complementary service line for Integra which is consistent with Integra’s focus on providing mission critical testing services to clients within strict regulatory environments. CE Services represents the 11th acquisition completed by Integra since its formation. “The acquisition of CE Services is a significant step forward in the development and growth of the Integra platform,” commented Jason Van Zant, Managing Director of Keystone. “We intend to continue growing the business strategically in the recurring verticals that are represented in CE Services.” https://lnkd.in/gcniPXnN
We are thrilled to announce the addition of Matt DeLong to the Keystone team! Matt will join Keystone as a Principal of the firm with responsibility for managing and sourcing new investment opportunities for Keystone. Matt brings over 15 years of lower middle market private equity investing experience in a broad range of industries including testing/inspection/certification/compliance (TICC), flow control, industrial and business services, and specialty chemical distribution and manufacturing. Please welcome Matt to Keystone!
Keystone Capital Management, LP (“Keystone” or the “Firm”), a lower middle market alternative investment manager, is pleased to announce the one and final closing of Keystone Fund III (“Fund III” or the “Fund”) at its hard cap of $630 million in capital commitments. Fund III was oversubscribed with fundraising completed in four months, and Keystone professionals continuing to represent the largest single investor in the Fund. In Fund III, Keystone will continue its strategy of investing primarily in North American businesses across five industry sectors: Engineering and Technical Services, Tech-enabled Services, Commercial Services, Industrial Technology and Food and Beverage. Since inception, Keystone has been focused on sectors where it can execute its “buy and build” strategy as exemplified by its 170 acquisitions across 42 different industry leading platforms. In addition, Keystone will continue its relentless pursuit of excellent partnerships with the management teams, business owners, founders and entrepreneurs that have been the foundation of Keystone’s heritage since its founding in 1995. Thank you to all of our limited partners, management teams, intermediaries, advisors and everyone else who helped Keystone in its journey! We look forward to successfully investing Fund III alongside you.