Media Center

Keystone Capital Welcomes Todd Lanscioni

January 2023

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that Todd Lanscioni has joined the firm as a Managing Director.

Keystone Capital Named to Inc.’s 2022 List of Founder-Friendly Investors

November 2022

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce that it has once again been named to Inc.’s 2022 List of Founder-Friendly Investors, a recognition of Keystone’s continued commitment to partnering with and empowering entrepreneurs in the middle market. Keystone’s philosophy and investment approach are rooted in entrepreneurship and personal ownership, with nearly all of the partners having operational experience and Keystone’s principals collectively representing the single largest investor in its Fund.

Keystone Capital Management, LP Closes Debut Institutional Fund

June 2021

Keystone Capital Management, LP (“Keystone” or the “Firm”) is pleased to announce that it has held a first and final close of its debut institutional fund, Keystone Capital Fund II, LP (“Fund II”), with $420 million of capital commitments. In line with its history of investing personal capital and its commitment to alignment of interests across all stakeholders, the principals of Keystone collectively represent the largest single investor in Fund II.

Keystone Capital Announces Partnership with Hometown Foods USA

August 2019

Keystone Capital, Inc. (“Keystone”) is pleased to announce it has completed an investment partnership with Hometown Foods USA, a manufacturer of bagels and cake products sold to in-store bakeries, club stores, and the foodservice channel.

Keystone Capital Announces Sale of Avalon

August 2019

Keystone Capital, Inc. ("Keystone"), a Chicago-based private investment firm, is pleased to announce that its portfolio company Avalon Precision Casting (“Avalon”) has been acquired by Sigma Electric Manufacturing Corporation (“Sigma”).  Sigma is a leading global manufacturer of precision machined casting and components headquartered in Garner, North Carolina. Terms of the transaction have not been disclosed.

Keystone Capital 2019 Professional and Staffing Updates

August 2019

Keystone Capital continues to see strong growth in new investment activity in 2019 following a record year in 2018. As a result, Keystone Capital is pleased to announce the following promotions and staffing updates!

Kevin Overby Promoted to Vice President

Keystone Capital Announces Partnership with KENDELL

June 2019

Keystone Capital, Inc. (“Keystone”) is pleased to announce it has completed an investment partnership with KENDELL Doors & Hardware, Inc. (“KENDELL” or “the Company”), a value-added distributor of door openings, door hardware and related access control products for institutional and commercial applications in the built environment.

Keystone Capital Announces Partnership With MERGE

December 2018

Keystone Capital, Inc. (“Keystone”) is pleased to announce it has completed a partnership with MERGE (“MERGE” or “the Company”), a marketing and technology services agency with more than 270 employees across offices in Chicago, Boston, and Atlanta.

Keystone Capital Announces the Sale of Rocore Inc.

October 2017

Keystone Capital, Inc. ("Keystone"), a Chicago-based private investment firm, is pleased to announce that its portfolio company Rocore Inc. (“Rocore”) has been acquired by funds advised by Triton, a leading European private investment firm. Terms of the transaction have not been disclosed.

Keystone Capital Announces the Sale of Capsa Healthcare

September 2017

Keystone Capital, Inc. ("Keystone"), a Chicago-based private investment firm, is pleased to announce that its portfolio company Capsa Solutions, LLC (d/b/a Capsa Healthcare or “Capsa”) has been acquired by Levine Leichtman Capital Partners (“LLCP”). Terms of the transaction have not been disclosed.

Keystone Capital Announces the Sale of Atlas Die LLC

August 2017

Keystone Capital, Inc. ("Keystone") is pleased to announce that it has exited its investment in Atlas Die, LLC (“Atlas”) after 14 years of successful ownership. Terms of the transaction have not been disclosed.

Keystone Capital is Pleased to Announce the Following Internal Promotions!

January 2017

2016 was a record year for Keystone Capital.  We acquired more businesses, deployed more capital and traveled more miles supporting our portfolio than at any time in our history.  We are extremely proud of what we have accomplished and even more optimistic about our continued success in 2017.  We could not have achieved these results without the great work of our staff, and with that we are excited to announce the following well-deserved promotions at Keystone: Chaoran Jin and Jason Van Zant have been promoted to Managing Director, and Dennis Howe and Bill Sommerschield have been promoted to Principal.  

Keystone Capital Announces Partnership with The Greeley Company

August 2016

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed an investment in, and partnership with, The Greeley Company (“Greeley” or “the Company”).

Keystone Capital Announces Partnership with Nature Soy

June 2016

Keystone Capital, Inc. ("Keystone") is pleased to announce that it has completed an investment in, and partnership with, Nature Soy, Inc. ("Nature Soy" or "the Company").

Keystone Capital Announces Partnership with Target Engineering Group

January 2016

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed an investment in, and partnership with, Target Engineering Group, Inc. (“TEG” or “the Company”).

Keystone Capital Announces Partnership with Cherry Hill Photo

December 2015

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed an investment in and partnership with Cherry Hill Holdings, Inc. (“Cherry Hill Photo” or “the Company”).

Keystone Capital Announces Partnership With MorrisSwitzer

July 2015

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed an investment in and partnership with the shareholders of MorrisSwitzer Environments for Health, LLC (“MorrisSwitzer” or “the Company”).

Keystone Capital Announces Sale of Vidaris

May 2015

Keystone Capital, Inc. ("Keystone") is pleased to announce that its portfolio company IBA Holdings, LLC, d/b/a Vidaris and LPI (“Vidaris”, “LPI” or the “Company”) has been acquired by Cortec Group Fund V, L.P. (“Cortec”). Terms of the transaction have not been disclosed.

Keystone Capital Welcomes Two New Hires

October 2014

Keystone Capital is pleased to announce the addition of Bill Sommerschield and Andrew Wehr to the team.

Bill Sommerschield

Bill Sommerschield joins the firm as a Vice President, and will be a member of Keystone’s investment team. His primary responsibility will be the identification, sourcing, and execution of new acquisition and investment opportunities for Keystone and its partner companies.

Avalon Precision Casting Completes Acquisition of Precision Metalsmiths

April 2014

Avalon Precision Casting (“Avalon”), a portfolio company of Keystone Capital, is pleased to announce the completion of its acquisition of Precision Metalsmiths, Inc. (“PMI”)

PMI is a leading manufacturer of high-precision, small, thin-walled investment castings, ranging from fractions of an ounce to over 20 lbs. The company’s proprietary casting technologies and almost 70 years of specialized engineering expertise have made PMI a preferred provider to the aerospace industry as well as for general industrial applications requiring complex small parts with thin walls and tight tolerances. PMI is also renowned for its long history of innovation in both process and materials associated with the investment casting industry.

Keystone Capital Announces Sale of Eagleton Engineering

February 2014

Keystone Capital, Inc. ("Keystone") is pleased to announce that its portfolio company Eagleton Engineering, LLC ("Eagleton") has been acquired by Jacobs Engineering Group Inc. ("Jacobs"). Terms of the transaction have not been disclosed.

Keystone Capital Announces Partnership With Scott Group Custom Carpets

January 2014

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed a recapitalization and partnership with the shareholders of Scott Group Custom Carpets, Inc. (“Scott Group” or “the Company”).

Keystone Capital Welcomes Two New Hires

September 2013

Keystone Capital, Inc. (“Keystone”) is pleased to announce the addition of Dennis Howe and Charles Shreve to the Keystone team.

Keystone Capital Announces New Office Location

April 2013

Keystone Capital is pleased to announce that after almost 20 years in the northern Chicago suburbs, we are relocating our offices to downtown Chicago. Our new office will be located within the city’s famous “Loop” area, and put our firm closer to key relationships in the lending, service provider, and deal-making communities in the Chicago area. The move is effective as of April 15^th.

Keystone Capital, Inc. Announces Two Platform Acquisitions Completed

December 2011

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has completed two new platform acquisitions during the fourth quarter of 2011. PEAK Technologies, Inc. (“PEAK”), an integrator of automated identification/data capture (“AIDC”) technologies into supply chain environments, was acquired on October 31, 2011 from an affiliate of Platinum Equity. Less than two months later, Keystone partnered with management to acquire Babcock Eagleton, a pipeline and transmission facilities engineering firm serving the energy industry, from Babcock International Group PLC and renamed the firm Eagleton Engineering, LLC (“Eagleton”).

Eric Holter Joins Keystone Capital

April 2011

Keystone Capital, Inc. (“Keystone”) is pleased to welcome Eric Holter to the firm as an Associate. Eric’s primary focus will be in Keystone’s acquisition and business development group, with responsibility for identification, sourcing, and execution of new acquisition and investment opportunities for Keystone and its partner companies.

Keystone Capital, Inc. Realizes Its Ten Year Investment in Keystone Bakery Holdings, LLC

September 2010

Keystone Capital, Inc. (“Keystone”) is pleased to announce that Keystone Bakery Holdings, LLC (“KBH”), has been acquired by Maplehurst Bakeries, LLC (“Maplehurst”), a subsidiary of George Weston Limited (“Weston”) (TSX: WN), for a total consideration of approximately $185 million. KBH is a leading national supplier of frozen baked goods to the in-store bakery and foodservice industries and was originally purchased by Keystone and KBH management in early 2001.

Chaoran Jin Joins Keystone Capital

April 2009

Keystone Capital, Inc. (“Keystone”) is pleased to welcome Chaoran Jin to the firm as a Vice President. An experienced operations professional in a variety of roles, Chaoran will be an integral part of supporting the management teams of Keystone’s family of companies with operational, strategic, and other initiatives.

Jason Van Zant Joins Keystone Capital

January 2009

Keystone Capital, Inc. (“Keystone”) is pleased to welcome Jason Van Zant to the firm as an Associate. Jason’s primary focus will be in Keystone’s acquisition and business development group, with responsibility for identification, sourcing, and execution of new acquisition and investment opportunities for Keystone and its partner companies.

Judson Technologies, LLC is Acquired by Teledyne Scientific & Imaging, LLC

February 2008

Keystone Capital, Inc. (“Keystone”) is pleased to announce that it has realized its investment in Judson Technologies, LLC (“Judson”), a leading designer and manufacturer of high performance infrared detectors and accessory products based in Montgomeryville, PA. The acquirer of Judson is Teledyne Technologies Incorporated (NYSE:TDY), through its subsidiary Teledyne Scientific & Imaging, LLC.  Terms of the transaction were not disclosed.