Keystone Capital Markets | M&A Advisory Firm on Axial

Keystone Capital Markets

Healthcare consulting services

Advised

Healthcare Cost Solutions

in their acquisition by

Coker

June 2025

Keystone Capital Markets

Abrasive products manufacturing, Abrasives distributors (wholesalers), Machine tools and accessories distributors (wholesalers), Power-Driven Handtool Manufacturing, Sawing machines, metalworking, manufacturing

Advised

Desco Manufacturing Company, Inc.

in their acquisition by

ShoreView

April 2025

Keystone Capital Markets

Architecture, Engineering, and Construction (ACE)

Advised

P2S, Inc

in their acquisition by

Legence

February 2024

Keystone Capital Markets

Health Care Services

Advised

Autism Spectrum Interventions

in their acquisition by

Fletch Equity

December 2023

Keystone Capital Markets

Finance and Insurance

Advised

Optimal Outsource

in their acquisition by

OSG

July 2023

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Electrical Equipment, Appliance, and Component Manufacturing, Electronic and Communications Manufacturing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Navigational, Measuring, and Control Instruments Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing, Semiconductor and Other Electronic Component Manufacturing

Advised

Q Microwave

in their acquisition by

Amphenol

June 2023

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Continental Forge Company

in their acquisition by

Forged Solutions Group (portfolio of Arlington Capital Partners)

December 2022

Keystone Capital Markets

Adhesive Manufacturing, Architectural and Structural Metals Manufacturing, Asphalt roofing construction machinery manufacturing, Building materials (e.g., fascia, panels, siding, soffit), plastics, manufacturing, Building panels, corrugated and flat, plastics, manufacturing, Ceiling lumber, dressed, resawing purchased lumber, Ceramic tiles, floor and wall, manufacturing, Dimension stone for buildings manufacturing, Door locks, metal, manufacturing, Doors and door frames, plastics, manufacturing, Doors, unframed glass, made from purchased glass, Fabricated Metal Product Manufacturing, Gypsum building products manufacturing, Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing, Other Concrete Product Manufacturing, Other Millwork (including Flooring), Prefabricated Metal Building and Component Manufacturing, Prefabricated Wood Building Manufacturing, Roof deck, sheet metal (except stampings), manufacturing, Roofing (i.e., single ply rubber membrane) manufacturing, Roofing tile, clay, manufactur

Advised

Win-Dor, Inc.

in their acquisition by

Pella Corporation

November 2022

Keystone Capital Markets

Software and Online Services

Advised

LCvista, Inc.

in securing investment from

Polaris Growth Fund

November 2022

Keystone Capital Markets

Marine Cargo Handling, Navigational Services to Shipping, Other Support Activities for Water Transportation, Port and Harbor Operations, Port facility construction

Advised

eTrac, Inc.

in their acquisition by

Woolpert, Inc.

January 2022

Keystone Capital Markets

Chemical and Allied Products Distributors (Wholesalers), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Industrial Supplies Distributors (Wholesalers), Lumber and Other Construction Materials Distributors (Wholesalers), Machinery Manufacturing, Metal and Mineral (except Petroleum) Distributors (Wholesalers), Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Paint, Varnish, and Supplies Distributors (Wholesalers), Plastics and Rubb

Advised

Askew Industrial Corporation, Inc.

in their acquisition by

AFC Industries

December 2021

Keystone Capital Markets

Drugs and Druggists' Sundries Distributors (Wholesalers), Medical Equipment and Supplies Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Distributors (Wholesalers), Ophthalmic Goods Distributors (Wholesalers)

Advised

USOC BioMedical, LLC

in their acquisition by

CSAT Solutions (portfolio of Insight Equity)

November 2021

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Capture 3D, Inc.

in their acquisition by

ZEISS Group

October 2021

Keystone Capital Markets

Adhesive Manufacturing, Architectural and Structural Metals Manufacturing, Asphalt roofing construction machinery manufacturing, Building materials (e.g., fascia, panels, siding, soffit), plastics, manufacturing, Building panels, corrugated and flat, plastics, manufacturing, Ceiling lumber, dressed, resawing purchased lumber, Ceramic tiles, floor and wall, manufacturing, Dimension stone for buildings manufacturing, Door locks, metal, manufacturing, Doors and door frames, plastics, manufacturing, Doors, unframed glass, made from purchased glass, Fabricated Metal Product Manufacturing, Gypsum building products manufacturing, Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing, Other Concrete Product Manufacturing, Other Millwork (including Flooring), Prefabricated Metal Building and Component Manufacturing, Prefabricated Wood Building Manufacturing, Roof deck, sheet metal (except stampings), manufacturing, Roofing (i.e., single ply rubber membrane) manufacturing, Roofing tile, clay, manufactur

Advised

Pacific Carpets

in their acquisition by

Artisan Design Group (potfolio of The Sterling Group)

December 2020

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Clear Water Manufacturing Corp.

in their acquisition by

McWane, Inc.

December 2020

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Tube Bending, Inc.

in securing investment from

Washington Equity Partners

February 2020

Keystone Capital Markets

Chemical and Allied Products Distributors (Wholesalers), Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Industrial Machinery and Equipment Distributors (Wholesalers), Industrial Supplies Distributors (Wholesalers), Lumber and Other Construction Materials Distributors (Wholesalers), Metal and Mineral (except Petroleum) Distributors (Wholesalers), Paint, Varnish, and Supplies Distributors (Wholesalers), Paperboard Container Manufacturing

Advised

The Paper Company, Inc.

in their acquisition by

Imperial Dade

June 2019

Keystone Capital Markets

Drugs and Druggists' Sundries Distributors (Wholesalers), Medical Equipment and Supplies Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Distributors (Wholesalers), Ophthalmic Goods Distributors (Wholesalers)

Advised

Westside Resources, Inc.

in their acquisition by

Young Innovations

April 2019

Keystone Capital Markets

Health Care Services

Advised

EMS Safety

in their acquisition by

Health & Safety Institute

January 2019

Keystone Capital Markets

Furniture and Related Product Manufacturing

Advised

Lewis Cabinet Specialties Inc.

in their acquisition by

LongWater Opportunities

October 2018

Keystone Capital Markets

Adhesive Manufacturing, Architectural and Structural Metals Manufacturing, Asphalt roofing construction machinery manufacturing, Building materials (e.g., fascia, panels, siding, soffit), plastics, manufacturing, Building panels, corrugated and flat, plastics, manufacturing, Ceiling lumber, dressed, resawing purchased lumber, Ceramic tiles, floor and wall, manufacturing, Dimension stone for buildings manufacturing, Door locks, metal, manufacturing, Doors and door frames, plastics, manufacturing, Doors, unframed glass, made from purchased glass, Fabricated Metal Product Manufacturing, Gypsum building products manufacturing, Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing, Other Concrete Product Manufacturing, Other Millwork (including Flooring), Prefabricated Metal Building and Component Manufacturing, Prefabricated Wood Building Manufacturing, Roof deck, sheet metal (except stampings), manufacturing, Roofing (i.e., single ply rubber membrane) manufacturing, Roofing tile, clay, manufactur

Advised

Yenkin-Majestic Paint Corporation

in securing investment from

U.S. Bank

October 2018

Keystone Capital Markets

IT Services, Technology Consulting Services

Advised

McMurray Stern

in their acquisition by

Grays Peak Capital

October 2018

Keystone Capital Markets

Chemical Manufacturing, Paint, Varnish, and Supplies Distributors (Wholesalers)

Advised

Yenkin Majestic Paint Corporation / OPC Polymers

in securing investment from

U.S. Bank

September 2018

Keystone Capital Markets

Professional, Scientific, and Technical Services

Advised

Outdoor Dimensions

in securing investment from

ART Capital

August 2018

Keystone Capital Markets

Health Care Services, Hospitals, Nursing and Residential Care Facilities, Veterinary Services

Advised

OxyHeal Health Group

in their acquisition by

CutisCare

July 2018

Keystone Capital Markets

Adhesive Manufacturing, Architectural and Structural Metals Manufacturing, Architecture, Engineering, and Construction (ACE), Asphalt roofing construction machinery manufacturing, Building materials (e.g., fascia, panels, siding, soffit), plastics, manufacturing, Building panels, corrugated and flat, plastics, manufacturing, Ceiling lumber, dressed, resawing purchased lumber, Ceramic tiles, floor and wall, manufacturing, Dimension stone for buildings manufacturing, Door locks, metal, manufacturing, Doors and door frames, plastics, manufacturing, Doors, unframed glass, made from purchased glass, Engineering Services (Non-Construction), Fabricated Metal Product Manufacturing, Gypsum building products manufacturing, Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing, Other Concrete Product Manufacturing, Other Millwork (including Flooring), Prefabricated Metal Building and Component Manufacturing, Prefabricated Wood Building Manufacturing, Research and Development in the Physical, Engineering,

Advised

G&F Roof Supply Inc

in their acquisition by

ABC Supply Co. Inc

June 2018

Keystone Capital Markets

Health Care Services, Medical Equipment and Supplies Manufacturing

Advised

OxyHeal Medical Systems, Inc.

in their acquisition by

Hyperbaric Modular Systems, Inc.

May 2018

Keystone Capital Markets

Adhesive Manufacturing, All Other Nonmetallic Mineral Mining, Architectural and Structural Metals Manufacturing, Asphalt and asphaltic materials made in petroleum refineries, Asphalt paving mixtures made in petroleum refineries, Asphalt Paving, Roofing, and Saturated Materials Manufacturing, Asphalt roofing construction machinery manufacturing, Building materials (e.g., fascia, panels, siding, soffit), plastics, manufacturing, Building panels, corrugated and flat, plastics, manufacturing, Ceiling lumber, dressed, resawing purchased lumber, Cement and Concrete Product Manufacturing, Ceramic tiles, floor and wall, manufacturing, Clay Building Material and Refractories Manufacturing, Concrete Block and Brick Manufacturing, Dimension stone for buildings manufacturing, Door locks, metal, manufacturing, Doors and door frames, plastics, manufacturing, Doors, unframed glass, made from purchased glass, Fabricated Metal Product Manufacturing, Gypsum building products manufacturing, Machine Shops; Turned Product; and Sc

Advised

Pli-Dek Waterproofing Solutions

in their acquisition by

ICP Construction

April 2018

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

3P Processing

in their acquisition by

Spell Capital

March 2018

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Other Support Services, Services to Buildings and Dwellings, Special Food Services, Warehousing

Advised

ACCESS Destination Services

in their acquisition by

Valesco Industries

March 2018

Keystone Capital Markets

Activities Related to Real Estate

Advised

Agent Marketing

in their acquisition by

IDX

January 2018

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Duhig Stainless

in their acquisition by

Ferguson

January 2018

Keystone Capital Markets

Research and Development in the Physical, Engineering, and Life Sciences

Advised

AmScope

in securing investment from

L2 Capital Partners

December 2017

Keystone Capital Markets

Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Waste Management and Remediation Services, Waste Treatment and Disposal

Advised

Alliance Environmental Group, Inc.

in securing investment from

MFG Partners & Orix Mezzanine & Private Equity

December 2017

Keystone Capital Markets

Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Food and Beverage Stores, Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)

Advised

Black Rifle Coffee Company

in securing investment from

Sterling Partners

December 2017

Keystone Capital Markets

Medical Equipment and Supplies Manufacturing, Medical, Dental, and Hospital Equipment and Supplies Distributors (Wholesalers)

Advised

United Scope, LLC dba AmScope

in securing investment from

L Squared Capital Partners

November 2017

Keystone Capital Markets

Motor Vehicle Manufacturing, Motor Vehicle Parts Manufacturing

Advised

Myotek

in their acquisition by

New Water Capital

October 2017

Keystone Capital Markets

Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)

Advised

Riverside Lobster International Inc.

in their acquisition by

Champlain Financial Corporation

July 2017

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Western Hydro

in their acquisition by

Franklin Electric

April 2017

Keystone Capital Markets

Water, Sewage and Other Systems

Advised

BOH Midstream

in their acquisition by

BPI Midstream

February 2017

Keystone Capital Markets

Chemical Manufacturing

Advised

Diversified Silicone Products, Inc.

in their acquisition by

Rogers Corporation

January 2017

Keystone Capital Markets

Cruise lines (i.e., deep sea passenger transportation to and from domestic ports, including Puerto Rico), Deep Sea Passenger Transportation, Rooming and Boarding Houses, Traveler Accommodation

Advised

Accommodations Unlimited of Moab

in their acquisition by

Vacasa

November 2016

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Spec Seals

in their acquisition by

Boyd Corporation

September 2016

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Axiom Materials

in securing investment from

Sorenson Capital

August 2016

Keystone Capital Markets

Electrical Equipment, Appliance, and Component Manufacturing, Electronic and Communications Manufacturing, Motorcycle, Bicycle, and Parts Manufacturing

Advised

BH Electronics

in their acquisition by

Patrick Industries, Inc.

August 2016

Keystone Capital Markets

Glass and Glass Product Manufacturing, Household Appliance Manufacturing, Kitchen utensils, plastics, manufacturing, Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing, Pottery, Ceramics, and Plumbing Fixture Manufacturing, Woodenware, kitchen and household, manufacturing

Advised

Chef's Choice

in their acquisition by

The Legacy Companies

June 2016

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

TATSoul

in their acquisition by

Bunker Hill Capital

June 2016

Keystone Capital Markets

Enterprise Software and Online Services, Software and Online Services

Advised

Impact Radius

in securing investment from

Silversmith Capital Partners

June 2016

Keystone Capital Markets

Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)

Advised

Pecheries Cheticamp Fisheries

in their acquisition by

Champlain Financial Corporation

May 2016

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

Liquid Technologies

in their acquisition by

Frontenac

April 2016

Keystone Capital Markets

IT Services, Technology Consulting Services

Advised

Crossfuze

in their acquisition by

Inergex

March 2016

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Mettis Aerospace

in their acquisition by

Stirling Square Capital Partners

February 2016

Keystone Capital Markets

Book Stores and News Dealers, General Merchandise Stores, Health and Personal Care Stores, Hobby, Toy, and Game Stores, Jewelry, Luggage, and Leather Goods Stores, Miscellaneous Store Retailers, Office Supplies, Stationery, and Gift Stores, Other Direct Selling Establishments, Sporting Goods, Hobby, Musical Instrument, and Book Stores

Advised

Passion Parties

in their acquisition by

Pure Romance

January 2016

Keystone Capital Markets

Motor Vehicle Manufacturing, Motor Vehicle Parts Manufacturing, Plastics and Rubber Products Manufacturing

Advised

Interstate Tire Distributor, Inc.

in their acquisition by

Omni United

October 2015

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

HITCO Carbon Composites

in their acquisition by

Avcorp

July 2015

Keystone Capital Markets

Administration of Education Programs, Child Day Care Services, Civic and Social Organizations, Educational Services, Museums, Historical Sites, and Similar Institutions

Advised

Online Traffic School

in their acquisition by

American Safety Council

January 2015

Keystone Capital Markets

Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)

Advised

VanLaw Food Products, Inc.

in their acquisition by

Encore Consumer Capital

January 2015

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Avionics Interface Technologies

in their acquisition by

Teradyne

November 2014

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

Cowboy Magic

in their acquisition by

Straight Arrow

October 2014

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Altitude Aerospace Interiors

in their acquisition by

AIM Aviation

September 2014

Keystone Capital Markets

Health Care Services, Hospitals, Nursing and Residential Care Facilities, Veterinary Services

Advised

Choice Care

in their acquisition by

U.S. Healthworks

July 2014

Keystone Capital Markets

Health Care Services, Medical Equipment and Supplies Manufacturing

Advised

DUX Dental

in their acquisition by

Kerr Corporation

June 2014

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

Vettec Inc.

in their acquisition by

Kerr Corporation

May 2014

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Votaw

in their acquisition by

Burtek

May 2014

Keystone Capital Markets

Air Transportation

Advised

Upper Limit Aviation

in securing investment from

Bank of the West

March 2014

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

Manufacturer of Equine Grooming Products

in their acquisition by

Manufacturer of Cosmetic Products

March 2014

Keystone Capital Markets

Administration of Education Programs, Child Day Care Services, Civic and Social Organizations, Educational Services, Museums, Historical Sites, and Similar Institutions

Advised

Upper Limit Aviation

in securing investment from

Bank of the West

March 2014

Keystone Capital Markets

Alumina and Aluminum Production and Processing, Fabricated Structural Metal Manufacturing, Ferrous Metal Foundries, Iron and Steel Forging, Iron and Steel Mills and Ferroalloy Manufacturing, Steel Product Manufacturing from Purchased Steel

Advised

SOS Metals

in their acquisition by

Precision Castparts

January 2014

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

ATS Systems

in their acquisition by

Grey Mountain Partners

December 2013

Keystone Capital Markets

Fabricated Structural Metal Manufacturing, Ferrous Metal Foundries, Iron and Steel Forging, Iron and Steel Mills and Ferroalloy Manufacturing, Steel Product Manufacturing from Purchased Steel

Advised

Trans World Alloys

in their acquisition by

Precision Castparts

December 2013

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Porteous Fastener Company

in their acquisition by

Brighton-Best International

October 2013

Keystone Capital Markets

IT Services, Technology Consulting Services

Advised

Data Forte

in their acquisition by

DTI

June 2013

Keystone Capital Markets

Enterprise Software and Online Services

Advised

APS Technology

in their acquisition by

ABB

February 2013

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Universal Turbine Parts

in their acquisition by

Goldner Hawn Johnson & Morrison

December 2012

Keystone Capital Markets

Camera lenses manufacturing, Cameras, television, manufacturing, Flash bulbs, photographic, manufacturing, Photograph folders, mats, and mounts manufacturing, Photographic and Photocopying Equipment Manufacturing, Photographic Film, Paper, Plate, and Chemical Manufacturing, Photographic lenses manufacturing, Photographic, micrographic, and X-ray plastics, sheet, and film (except sensitized), manufacturing, Storage Devices (Consumer), Storage Devices (Enterprise), Video camera (except household-type, television broadcast) manufacturing, Video cameras, household-type, manufacturing

Advised

Ultra Pro

in their acquisition by

Rosenberg Investment Group

June 2012

Keystone Capital Markets

Health Care Services

Advised

Sterling Reference Laboratories

in their acquisition by

Waud Capital Partners

April 2012

Keystone Capital Markets

Aerospace Product and Parts Manufacturing, Aircraft and automotive wire and cable (except aluminum, copper) made from purchased nonferrous metals (except aluminum, copper) in wire drawing plants, Aircraft and automotive wire or cable made from purchased copper in wire drawing plants, Aircraft carrier catapults manufacturing, Aircraft distributors (wholesalers), Aircraft engine cradles manufacturing, Aircraft engine instruments manufacturing, Aircraft engines and parts distributors (wholesalers), Aircraft equipment and supplies distributors (wholesalers), Aircraft hardware, metal, manufacturing, Aircraft lighting fixtures manufacturing, Aircraft loading hoists manufacturing, Aircraft Manufacturing, Aircraft seats manufacturing, Aircraft tire manufacturing, Ammunition (except Small Arms) Manufacturing, Ammunition (except sporting) distributors (wholesalers), Ammunition boxes, light gauge metal, manufacturing, Ammunition boxes, wood, manufacturing, Automotive or aircraft wire and cable made in aluminum wire draw

Advised

Swift-Cor Aerospace

in their acquisition by

Impresa Aerospace

March 2012

Keystone Capital Markets

Electrical Equipment, Appliance, and Component Manufacturing, Electronic and Communications Manufacturing, Motorcycle, Bicycle, and Parts Manufacturing

Advised

JEVCO International Inc.

in their acquisition by

Elmet Technologies

November 2011

Keystone Capital Markets

Food Manufacturing

Advised

Okami

in their acquisition by

Fujisan

May 2011

Keystone Capital Markets

Chemical Manufacturing

Advised

Calabrian

in their acquisition by

SK Capital

May 2011

Keystone Capital Markets

Furniture and Related Product Manufacturing

Advised

Residential Design Services

in securing investment from

HCAP Partners

October 2010

Keystone Capital Markets

Direct Life, Health, and Medical Insurance Carriers, Insurance Carriers and Related Activities

Advised

Global Benefits Group

in securing investment from

Bison Capital

October 2010

Keystone Capital Markets

Building Finishing Contractors, Death Care Services, Electrical Contractors and Other Wiring Installation Contractors, House demolishing, Interior Design Services, Investigation, Guard, and Armored Car Services, Legal Services, Personal and Laundry Services, Residential cleaning services, Residential Property Managers, Security Systems Services, Travel Arrangement and Reservation Services

Advised

Unlimited Discovery Group

in their acquisition by

DTI

July 2010

Keystone Capital Markets

All Other Nonmetallic Mineral Mining, Asphalt and asphaltic materials made in petroleum refineries, Asphalt paving mixtures made in petroleum refineries, Asphalt Paving, Roofing, and Saturated Materials Manufacturing, Cement and Concrete Product Manufacturing, Clay Building Material and Refractories Manufacturing, Concrete Block and Brick Manufacturing, Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying, Stone Mining and Quarrying

Advised

Bedford Technology

in their acquisition by

Hillcrest Capital Partners

June 2010

Keystone Capital Markets

Electrical Equipment, Appliance, and Component Manufacturing, Electronic and Communications Manufacturing, Electronics and Appliance Stores, Motorcycle, Bicycle, and Parts Manufacturing

Advised

Sonim Technologies

in securing investment from

Waveland Capital Groups

May 2010

Keystone Capital Markets

Drugs and Druggists' Sundries Distributors (Wholesalers), Medical Equipment and Supplies Manufacturing, Medical glassware made from purchased glass, Medical glassware made in glass making plants, Medical, Dental, and Hospital Equipment and Supplies Distributors (Wholesalers), Ophthalmic Goods Distributors (Wholesalers)

Advised

Spectrum Pharmacy Products

in their acquisition by

The Harvard Drug Group LLC

May 2010

Keystone Capital Markets

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Construction and Mining (except Oil Well) Machinery and Equipment Distributors (Wholesalers), Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing, Fabricated Metal Product Manufacturing, Gasket, Packing, and Sealing Device Manufacturing, Industrial Machinery and Equipment Distributors (Wholesalers), Machinery Manufacturing, Nonmetallic Mineral Product Manufacturing, Office Machinery and Equipment Rental and Leasing, Other Commercial and Industrial Machinery and Equipment Rental and Leasing, Other Electronic and Precision Equipment Repair and Maintenance, Plastics and Rubber Products Manufacturing, Primary Metal Manufacturing

Advised

Clover Industries

in their acquisition by

Oilgear

March 2010

Keystone Capital Markets

Textile Mills, Textile Product Mills

Advised

Aurora

in their acquisition by

RMS Packaging, Inc.

January 2010

Keystone Capital Markets

All Other Nonmetallic Mineral Mining, Asphalt and asphaltic materials made in petroleum refineries, Asphalt paving mixtures made in petroleum refineries, Asphalt Paving, Roofing, and Saturated Materials Manufacturing, Cement and Concrete Product Manufacturing, Clay Building Material and Refractories Manufacturing, Concrete Block and Brick Manufacturing, Sand, Gravel, Clay, and Ceramic and Refractory Minerals Mining and Quarrying, Stone Mining and Quarrying

Advised

FYFE

in securing investment from

Bison Capital

November 2009

Keystone Capital Markets

Finance and Insurance

Advised

Futures International

in their acquisition by

OTC Global Holdings

June 2009

Keystone Capital Markets

Cosmetics & Toiletries Manufacturing

Advised

SOG

in their acquisition by

MCC Capital Partners

April 2009

Keystone Capital Markets

Beer, Wine, and Distilled Alcoholic Beverage Distributors (Wholesalers), Grocery and Related Product Distributors (Wholesalers), Tobacco and Tobacco Product Distributors (Wholesalers)

Advised

Flavor Specialties, Inc.

in their acquisition by

Frutarom

March 2009