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Urban River Canal

Our Story

Get to Know Us

Midstone Service Group is an operator-led platform focused on acquiring and building essential service businesses for the long term. With both our founders being from Michigan, Midstone reflects a Midwest mindset—practical, hardworking, and built on respect for the people who do the work.

 

The name Midstone comes from two ideas: “Mid,” representing our Midwest roots, and “Stone,” reflecting our commitment to owning and building businesses that are durable, enduring, and designed to last. We partner with founders and management teams to strengthen operations, invest in people and systems, and create businesses that compound value over time.

The Team

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Temi Hambraeus

Co-Founder & Managing Partner

Temisan Hambraeus is a co-founder of Alstra Group and leads capital allocation, transaction execution, and financial infrastructure. His background includes private equity investing at KKR and Apollo, company creation at Juxtapose, and operating roles building scalable growth platforms. Temisan partners with leadership teams to structure disciplined growth and align incentives for long-term value creation.

517-974-8323

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Zonta Owens

Co-founder & Managing Partner

Zonta Owens is a co-founder of MSG and focuses on operating performance, organic growth, and building strong teams across the platform. He brings a background in engineering, management consulting at Bain & Company, and hands-on experience acquiring and operating service businesses through Pondr Group. Zonta works closely with management teams and field operators to improve systems, accountability, and long-term business durability.

313-459-1665

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Denise Aronson

Advisor

Denise Aronson is the founder of Safety Partners, Inc., a life science environmental health and safety (EHS) consulting firm she started in 1992. Over more than three decades, she built Safety Partners into a trusted provider of customized EHS programs for hundreds of science and technology companies across the U.S.

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Raghdan AlKoury

Advisor 

Raghdan Alkhoury is a Partner at Bain & Company, where he advises organizations on strategy, operations, and performance improvement across induatrials and Manufacturing. Prior to Bain, Raghdan worked in technical and engineering roles at Shell and Petrofac, giving him a strong foundation in complex operational environments. He holds an MBA from INSEAD and brings a blend of strategic insight and practical problem-solving to his work. 

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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

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