EDMONDS, Wash.--(BUSINESS WIRE)--Sound Growth Partners (“SGP”) is pleased to announce its acquisition of Stueve Construction, LLC (“Stueve”) on October 1, 2024. SGP, along with Brookside Capital Partners, Capitala Group, and other investors, provided all the capital required to complete the transaction via SGP’s One-Stop Buyout™ structure.
Headquartered in Algona, IA, Stueve is the leading provider of engineering, design and construction services for bulk fertilizer storage facilities in the U.S. Founded in 1958, Stueve has been a pioneer in the design of large-scale fertilizer storage facilities for decades.
“Stueve’s 65-year track record of success and unmatched expertise make it an exceptional leader in the agricultural infrastructure space,” said Travis Steele, Partner at SGP. “We are excited to partner with the team at Stueve as they write the company’s next chapter of growth and innovation.”
To learn more about Stueve, please visit https://www.stueve.com/.
About Sound Growth Partners
Founded in 2023, SGP is a Seattle-based private equity firm investing in clear market leaders within the lower middle market. SGP provides all the capital necessary to close a transaction. The firm invests in companies with $2 to $10 million of EBITDA in niches within the Consumer Products, Business Services, Distribution and Light Manufacturing industries.
To learn more about Sound Growth Partners and the One-Stop Buyout™ structure, please visit https://soundgrowthpartners.com/ and follow us on LinkedIn.
