Keystone Capital
Chicago, Illinoiskeystonecapital.com
Overview
Keystone Capital is a Chicago-based private equity investment firm founded in 1994. The firm focuses on making long-term, majority-controlled investments in lower middle-market companies. Keystone partners with management to build sustainable, market-leading businesses across several sectors, including commercial & industrial services, food & beverage, industrial technology, professional and technology-enabled services, technical services, and healthcare services. The firm targets companies with an EBITDA between $5 million and $20 million. Keystone closed its third fund in February 2024 at a hard cap of $630 million.
Portfolio Companies
8
Website
keystonecapital.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Penta Fine Ingredients, Inc. | May 2025 | Private Equity | Lead |
| AsiaYo | Jul 2022 | Series C | Co-investor |
| Van Deusen & Associates | Dec 2021 | Private Equity | Lead |
| Procuzy | Jul 2021 | Seed | Lead |
| Suiteness | Dec 2016 | Series A | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.