Capstone will acquire a stone distribution worth 15 million dollars.

New York City, New York / Capstone Holding Corp. (NASDAQ:CAPS) announced on November 10, 2025, that it is on track to close a $15 million annual revenue multi-location stone distributor before December 15. This acquisition is expected to significantly increase Capstone’s market share.

The first phase of this deal was announced in October and is anticipated to provide immediate contributions to both revenue and EBITDA, accelerating the company’s growth trajectory. Additionally, this acquisition represents a significant step toward achieving the $100 million revenue target set for 2026.

Key Points:

• Target of the Transaction: The acquisition is expected to close in early December following a brief exclusivity extension granted by the seller.
• Strategic Fit: The addition of the multi-location distributor will expand Capstone’s market share and premium brand portfolio.
• Market Trends: Recent industry research forecasts a 4.1% Compound Annual Growth Rate (CAGR) in stone product demand over the next five years.
• Accelerated Growth Path: The acquisition positions the company to achieve its $100 million revenue target by early 2026.

Capstone Holding Corp. CEO Matt Lipman stated, "We are very excited to be nearing the conclusion of this deal. This is another example of how we can add revenue and EBITDA to our platform with discipline and strong strategic fit." He added, "We expect to deliver record revenues and gross margins in 2025, which will create stronger momentum heading into 2026."

This acquisition coincides with the rising demand for stone products and complements Capstone’s previous acquisitions of HHT’s Stone Operations, Heller’s Stone, and Carolina Stone. With a scaled asset in one of the fastest-growing categories of the construction industry, Capstone is positioned to capture further growth in the coming quarters.

Capstone remains committed to its targeted $100 million revenue goal for 2026. The company also reported a record increase in gross margin expansion in the second quarter of 2025, with the rate rising from 24.4% to 21.4%.

Capstone Holding Corp. (NASDAQ:CAPS) is a platform for various building products businesses focused on distribution, brand ownership, and acquisition. Through its subsidiary Instone, Capstone serves 31 states across the U.S., offering specialty stone veneer, hardscape materials, and modular wall systems.