Client Testimonials

Guided by Integrity

Our reputation is built on the people and institutions we represent, ranging from private business owners to leading investors and lenders.

At the conclusion of each engagement, we seek direct feedback from our clients across 10 key performance categories. To date, our team has achieved a 96% performance rating. Clients highlight our ability to increase the probability of success, speed to completion, and shareholder value. We take great pride in this achievement.

See what our clients have to say:

We selected Capstone due to its promise of senior support and involvement. At every turn, especially in critical moments, the most senior members of their team gave their time and attention to the transaction.

Seth Goldman CEO, UrbanStems

Both Randy and I very much enjoyed building the business, but we reached a point where we realized it was time to grow the brand to keep up with rapidly changing consumer trends. It was important to us that Capstone would find a new owner that was going to be steadfastly dedicated to maintaining the organic ethos of the Coconut Secret brand. And they did just that!

Leslie Caren Co-Owner, Leslie's Organics

When we began our search for a banking partner, Capstone came highly recommended and did not disappoint. Throughout the process they were there to advise, assist, recommend and strategize. The professionalism, attention to detail, and knowledge was a tremendous help in realizing our goals and we could not be happier with the result.

Leigh Marcus Executive Vice President, PCB

The Capstone team was highly-professional and took a thoughtful approach to both the financing structure and marketing process. They took the time to fully understand our business along with our financing needs, and provided a flexible structure that supports our accelerated, future success. Ultimately, they connected us with Wingspire, who is the right financing partner for Worldwise.

David Blatte Chairman, Worldwise

This was a very complex and multi-faceted financing given the state of certain end-markets; however, the entire Capstone team came through for us and delivered exactly what they promised. We’re incredibly grateful for their counsel and will most certainly leverage it again in the future.

Undisclosed Company Co-President

Capstone successfully managed the balance of identifying the right partner for Sedaru to accelerate our growth, while maximizing shareholder value, consistently taking these equal factors into consideration with every decision. This, augmented by the technical strengths to support our process with the understanding of our utility industry, made Capstone a perfect fit.

Paul Hauffen CEO, Sedaru

I am pleased that I chose Capstone to represent me in the market. The team’s professionalism and dedication were exceptional. Not only did they possess in-depth sector knowledge, they truly understood and prioritized my desire to partner with a like-minded organization.

Mark Stubits Founder and CEO, EBS Healthcare

We are proud to have worked with the parties and the Department of Justice to facilitate these sales. Our investment banking and restructuring teams were tenacious and effective in completing these sales within a compressed timeframe, in a difficult dairy market, and in the middle of a pandemic.

Paul Janson COO, Capstone Partners

The Capstone team did a far better job prepping us for this transaction than we possibly could have done on our own, and their guidance throughout the process allowed us to keep running the company during our busy season. They presented a thorough list of potential acquirers that ranged from private equity firms, to strategic buyers, and family offices. This was a universe we wouldn’t have possibly reached or even known about without Capstone. We ended up meeting with several very qualified partners and within a month of concluding management meetings, we reached agreement on terms of our deal. Throughout all of this, the Capstone team provided great advice and guidance.

Tom Spalding Owner, Spalding

Capstone flawlessly executed the sale process delivering an outcome that exceeded my expectations. In addition, Capstone served as one of my most trusted advisors in planning and preparing for this transaction to help set the stage for buyer discussions. Overall, we benefitted enormously from Capstone’s market knowledge, industry contacts, transaction experience, and client commitment.

Roy Pross President, SAFE

With less than $7.5 million in debt, Beamable was able to take advantage of a more cost-effective alternative path to confirm their Plan of Reorganization.

Jack Bradley Managing Director, FAS

The Capstone team was relentless in pursuit of the most advantageous transaction and provided exceptional leadership, technical advice, and support that enabled us to achieve our objectives...We couldn’t have aligned ourselves with a better investment banking firm... first-class every step of the way.

David Lawrence CEO, Special Applications Group

I am excited to advance our mission of bringing an islet replacement to diabetes patients. Our team will continue to work relentlessly to complete the development of SR-01. With the continued support of our investors, we believe SR-01 has the potential to become the first clinically validated treatment of its kind.

William Rust, PhD Founder & CEO, Seraxis

This transaction enabled us to realize the value in the decades of hard work that have gone into building our business....The team at Capstone helped us anticipate and navigate the many issues that arise during a process like this, and we could not have reached the incredible outcome that we did without their guidance.

Michael Kirkpatrick Founder, Edgewater Technical Associates

Capstone was a trusted advisor throughout the entire process leading us to a successful partnership with Lithko in spite of the many challenges in 2020. Working with their team proved to be invaluable, and we look forward to partnering again on future projects.

Rob Pikus President, Pikus Concrete

Capstone’s insightful industry knowledge coupled with their excellent attention to our needs reassured us they were the right partner. They also proved their expertise by keeping both sides on track when it was the toughest job in town.

Rick Oliver CEO, American Sentinel University

The Capstone team did a fantastic job finding a great fit for Avenger even with all the Covid challenges in 2020...Without Capstone's expert guidance I would have been bogged down with all the things involved to sell a complex company. From start to finish a closing of 60 days is hats off to Capstone's participation.

Don Godsey Founder, Avenger Logistics

It is with great pride and enthusiasm that the people at Powrmatic are joining the DGI family, a leader in our industry. A page of history is turning after 75 years with the Stamm family. We believe that DGI, with all of its resources and expertise, will help us continue to grow and reach new heights.

Claude Lapierre President, Powrmatic

Capstone was an excellent partner in helping Ei complete this strategic combination. They became an extension of the Ei team, providing critical analysis and advice along the way. Capstone’s support remained steadfast during the COVID-19 crisis, which paused, but did not disrupt, our transaction process.

Greg Cobb President, Ei Companies

Working with the Capstone team to sell INSZoom was the best decision we made. The Capstone team was knowledgeable and guided me through education and process of preparing the corporate deck, documentation and all the KPIs. The team was available almost 24×7 as needed to make the deal happen. They brought several partners to the table and ensuring we got a great valuation for the Company.

Umesh Vaidyamath Founder & CEO, INSZoom

What a great outcome, both for my family and for the company. Every deal like this is a journey. Our journey was made longer and more difficult by Covid, but the Capstone team was unwavering throughout. We very much appreciated their professional approach and personal commitment to getting a great result for our family.

Jim Mohead Founder, Inland Dredging

We chose Capstone originally because of their connections to the existing buyer pool. The team provided quality support.

Richard Burlingame Director of U.S. M&A, National Grid

With this deal, TE strengthens its presence in the midrange power segment with an expanded product offering that will further enhance our ability to provide industry leading engineering and product solutions to address the needs of our customers.

Peter Lieffrig Vice President, TE Connectivity’s

Capstone was an excellent partner to work with. Diligent, patient, focused, and determined are but a few attributes that highlight our experience with the team .... navigating the process through a very difficult year is a testimony to their capabilities and to the strength of their team.

Tom Vossman President & CEO, Newterra

Working with Capstone enabled us to achieve an optimal result in all facets of the transaction. In-depth industry knowledge, outstanding process execution, and skilled negotiating enabled us to complete a fantastic transaction with a highly strategic buyer. We are very excited about the potential for accelerated growth and success as part of ConnectWise.

Kevin Prince CEO, StratoZen

Capstone provided Eden the support needed to navigate the capital formation process during a global pandemic. The new capital enabled the immediate completion of the Terpene Belt Processing plant where we have scaled our Fresh Never Frozen cannabis derived terpene business line. We will continue growth in 2021 by expanding our cannabis retail footprint into the untapped territories of Southern Alameda County. We are fortunate to have tapped into non-dilutive capital pools and ended a challenging year with a bright outlook on the future.

Shareef El-Sissi CEO of Eden

Capstone combined passion, expertise and a genuine concern for me throughout the entire process. The team communicated proactively and consistently. They listened incredibly well and made sure that my needs were met at every stage. I can’t imagine going through this process without them.

Clifford B. Allen CEO, CAA

Capstone was incredibly supportive at each step. They got up to speed quickly and were highly professional. We certainly expect to utilize their expertise again in the future.

Ray Hatch CEO, Quest

We are excited about joining forces with Housatonic Partners, Gabe Manjarrez and the continuing management team in driving Maxitransfers’ next phase of growth. The dedication and joint efforts of Capstone and Serficor were key to achieving the shareholders’ goals in arranging this successful partnership.

Javier Larraza Managing Director, Investar Financial

Capstone’s pedigree and thorough knowledge of the M&A landscape was present. The entire Capstone team made a tremendous effort to understand the uniqueness of SCI and provide the appropriate guidance and advice that directly attributed to maximizing the value of the acquisition...We definitely had the Capstone heavyweights going to battle for us.

John Ashton General Manager/Executive VP, SCI

Capstone was diligent and unmatched every step of the way. As a third-generation family business, certain things were not negotiable in bringing on an investor...Through Capstone’s hard work and diligent leadership, they were able to find the perfect fit for us and help us consummate a deal during trying Covid-19 times.

Dustin Rogers CEO, Rogers Mechanical Contractors

From the top to the bottom of their organization, Capstone has an experienced, well trained professional team that handled all aspects of our successful sale.

Rick Duffy CEO and Founder, Themis Bar Review

This was the first time we’ve hired an advisor to arrange financing on our behalf, but felt it was necessary given the unique market environment and ACP’s need to move quickly. Capstone ran a comprehensive offering process, did exactly what was promised, and played an instrumental role in getting this transaction over the finish line.

Matt Iodice Vice President, Align

We are excited to have closed upon such a favorable credit facility with Wingspire Capital and look forward to working with our new lender. This credit facility will allow us to pursue new strategic growth opportunities in addition to continuing our strong growth with our sister auctions as part of the XLerate Group. We are also very pleased with Capstone’s execution and the favorable outcome of the debt financing process as they introduced us to a number of strong institutional lenders and provided us with strategic advice throughout the entire transaction process.

Joel Garcia President, XL Funding

The Capstone team leveraged their sector expertise and deep industry relationships to achieve a tremendous outcome for Sun Devil Auto, despite unprecedented market uncertainty during the COVID pandemic. Through a very customized process, Capstone Headwaters did a terrific job in driving value and striving for an optimal outcome for shareholders as well as our employees.

Tom Higginbotham CEO, Sun Devil Auto

We were impressed with Capstone’s team from the very beginning. They took the time to understand the company, understood the real value, and then they truly delivered. With their guidance, we prepared a package that made us ready to enter the market at auction, and ultimately, we found the perfect strategic buyer...Capstone made the process virtually seamless and I could not be happier with the results.

Richard Shor CEO and Founder, Sani-Tech West

I have nothing but good things to say about Capstone. If you are looking for a value-added banker to help you with your transition, I recommend Capstone. Their entire team worked tirelessly to help me achieve our goals. You will be well served to hire Capstone.

John Fallin CEO, O2D

Capstone provided unwavering support throughout the entire process to help us navigate the complexities of our deal structure and to find the appropriate partner that shared our vision.

David Kelley CFO, SIB Fixed Cost Reduction

Thank you to the Capstone team for believing in our company and representing us so well. The team did a fantastic job of revealing the value of our family company and matching us with a suitor who appreciated us. Their belief got us to the Dance, and we left with the best possible suitor. Capstone delivered! I highly recommend Capstone.

Dan Cooley Chairman of the Board, Western Forge

Capstone’s industry experience, technical expertise, and unwavering commitment to exceeding expectations were key to our success. The team’s attention to detail and problem solving allowed us to manage considerable deal complexities amidst an extraordinarily challenging market environment to deliver an outstanding result for both our equity holders and our employees.

Richard Mahler CEO, Revolution Security

The Capstone team did a terrific job in representing Knight Enterprises and our leadership team in closing an extremely complicated transaction, right in the middle of a global pandemic.

Jeffry Knight Founder and Owner, Knight Enterprises

I was blown away by the work of the Capstone team from start to finish and so appreciate all they did in creating this outcome.

Jonathan Leonard President, Lencore Acoustics

Time and time again, we both were just amazed at the level of professionalism, levelheadedness, and knowledge Capstone Headwaters brought to every situation. For us, Capstone was the tide that came in and caused all the boats to rise. We could not have done it ourselves.

William McDonald Co-Owner, MMi Sonora

I couldn’t imagine going through this process without the expertise and guidance of my investment banking advisors at Capstone. They were extremely thorough as they clearly and concisely laid out the options in front of me.

Steve Delalio Owner and CEO, EB Industries

The Capstone team worked closely with us through each step of the transaction process to identify and position with the strongest strategic partners and to ultimately achieve an optimal transaction. We benefitted greatly from the team’s industry expertise and transactional experience.

Walter Zuniga Managing Director, Backbone Consultants

The team at Capstone was responsible for maximizing our value in the market. They exceeded my expectations and most importantly found the perfect partner in Halo Branded Solutions.

Tom Savio CEO, CSE

We are proud to be working with this team. Their confidence in our company and their ability to understand our business is greatly appreciated. This financing will allow us to further grow our company. This is the second time we have used the team at Capstone. They are true advocates and really understand our business.

Todd Seufer President & Founder, Harmony Gardens

The Capstone team was great to work with; responsive, communicated well and delivered excellent results. I always felt I was getting the straight story which enhanced the trust factor between us. We were pushed to project a stretch budget early in the process which was great advice as we achieved it and got a higher valuation.

Chuck Dorsey CEO, Halo Innovations, Inc.

We appreciated the outstanding work by the entire team. We are amazed at their ability to work on financial statements. Capstone was involved in every step of the way and ensured progress was made daily towards closing.

Shri Thanedar, Ph.D. Founder, Avomeen

The Capstone team did an outstanding job handling our transaction; I am very thankful for their hard work...Their ability to analyze the deal and negotiate with the buyer was a huge benefit to us financially while allowing us to remain focused on running our business. We would not have made it through this process without them; I am forever grateful.

Frank Gazzillo Owner, Accurate Neuromonitoring

We are grateful for Capstone's outstanding professionalism in bringing together two great companies and managing the entire transaction process.

Sam Weiner President, EdgeCraft

We were extremely pleased with the job Capstone did for NANA – getting us excellent value, working through some complex issues, and closing the deal quickly. We’re very happy with the result.

Peter Reckmeyer Senior Vice President & Chief Legal Officer, NANA Development Corp.

We were impressed with the Capstone team at the first introductory meeting. From that point forward, they continued to exceed our expectations. They lead us down a very successful path. I would highly recommend them; you could tell it was not their first rodeo.

Alan Weiss Managing Partner, Whitehouse Laboratories, LLC

They impressed us with their ability to understand, absorb and present a very complex company to prospective partners throughout the world. We thoroughly enjoyed working with their team through this process and could not have been more pleased with our selection of them as our advisors.

Gary Sable Former Managing Director and Shareholder, The Phillips Screw Company

The transaction realized through Capstone’s efforts resulted in a sale price at the upper end of Capstone’s initial estimate. I am thrilled to have had such a successful sale of my business and for the choice I made in hiring Capstone Partners.

Don Forrest President and Owner, FlexXray LLC

Capstone was a wonderful addition to our team. Not only did they find us the best possible options for our company, but held our hand throughout the entire process. I would highly recommend Capstone.

Robin Barnett CEO, Park Bench Consulting Group

Capstone was an invaluable partner in the sale of Penn Foster. They were unrelenting in their commitment to securing a deal and remained balanced despite dissenting shareholder goals. They...became psychologists, mediators, and voices of reason all in one. Their temperament and expertise was a very rare combination. We look forward to a long-term relationship.

Frank Britt CEO, Penn Foster

I do deals all the time in this part of the market and it’s rare that I get to work with investment bankers like Capstone that both diligently respond to information requests and keep the deal on track in a constructive and helpful manner.

Brad Whitman Co-Founder, Renovus Capital Partners

Capstone helped us evaluate our strategic alternatives and find the right investor. They were there every step of the way helping us navigate the market and complete this institutional equity financing.

Rob Mossman CEO, ISONAS

Capstone was definitely the right banking partner to hire. They were tasked with a difficult sale in a very volatile environment and never gave up. Their fortitude and loyalty is something to be truly admired.

Bill Hillard CEO, BrightStar Education

We’d like to thank you for your incredible advocacy throughout our sale process. Your diligence in preparation and ability to deliver on every promise found us the right partner in RFE, who will take us to new heights.

John O'Connell CEO, Wind River Environmental LLC