Capstone Holding Corp. has announced its entry into a membership interest purchase agreement with D22L, Inc., David Clary, and Stuart Powell to acquire all issued and outstanding membership interests in Carolina Stone Holdings, LLC. This acquisition includes Carolina Stone Distributors, LLC, which operates showrooms, warehouses, and staging yards for stone product sales and installation services. The total purchase price is $2,625,000 in cash, a seller note of $1,250,000, and an additional amount based on an earn-out agreement. The transaction is anticipated to close around August 29, 2025, pending customary closing conditions.
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