top of page
Chicago Skyline View

Our Approach

Geographic Focus 

Investment Criteria

Businesses Headquartered in the Midwest

We are looking for businesses with $500k - $5 million in EBITDA.

Warehouse Workers Discussing

Our Structure
 

Our preference is for the existing owner to retain a meaningful ownership stake alongside us. We also set aside equity for employees so they can participate in the long-term growth of the business we’re building together.

We acquire businesses using a combination of bank financing and equity from partners who have built and operated companies themselves—many similar to the ones we work with today.

We are industry-agnostic within industrial & municipal services. If your business has a track record of profitability and generates $500 thousand or more in EBITDA, we would welcome the opportunity to learn more.

What Makes Midstone Different?

MSG

Private Equity

Search Fund

C-Suite Operating Experience
 

Have personally purchased and scaled 3 companies 
 

Sometimes - most often board seats
 

Typically have never bought/ran a business
 

Ownership Period

Long term - no intention of selling
 

3 - 7 years
 

3 - 10 years
 

Employee Ownership

All employees get equity in MSG
 

Only highest level executives get minimal shares
 

No employees get shares
 

Planned for Sustained Profitiability

Invest in resources to grow the business

Cut costs (often headcount)
 

On the job learning
 

313-459-1665

190 S LaSalle St Suite 3400, Chicago, IL 60603

Connect With Us

bottom of page