Instone
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Instone - overview
Location
Millstone, NJ, US
Primary Industry
Materials
About
Instone is a wholesale distributor specializing in manufactured and natural stone products, offering a wide array of stone veneer, masonry, and landscaping solutions for trade professionals and homeowners across various markets. Instone operates as a wholesale distributor of stone products, including stone veneer and masonry items. The company is headquartered in Millstone, US. Kevin Grotke leads the firm as CEO.
Instone was acquired by Brookstone Partners, with financial terms undisclosed. The company has engaged in a single investment deal. Instone specializes in wholesale distribution of manufactured and natural stone products. Their product line features stone veneer, masonry products, and landscaping stone, including recognized brands such as Cultured Stone® and Pangaea® Natural Stone.
They distribute their products through local dealers across the Midwest and Northeast regions of the US, catering to the needs of trade professionals and homeowners. Instone generates revenue primarily through B2B transactions with local dealers, who purchase products for resale to end users like contractors and homeowners. Their business model centers on partnerships with these dealers, enabling them to stock a range of Instone's products, including Isokern Fireplaces and Aura Natural Landscapes™. Pricing is based on specific products and order volume, supporting a consistent revenue stream.
Instone plans to enhance its product offerings with the launch of new stone veneer styles and colors expected in the coming year. The company aims to expand its distribution network into the Southern and Western US by mid-2024, ensuring broader market access. Recent funding from the acquisition by Brookstone Partners will support these strategic initiatives and bolster product development efforts.
Current Investors
Brookstone Partners
Primary Industry
Materials
Sub Industries
Masonry Materials
Website
www.instoneco.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Instone - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Northeast Masonry Distributors | - | ||||||||
| Buyout | Completed | Instone | - |
Displaying 1 - 2 of 2

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.