SRM Equity Partners Announces Strategic Partnership with Stone Enterprises
September 22, 2025 – Omaha, NE – SRM Equity Partners LLC (“SRM”), an operationally focused private investment firm, is pleased to announce its partnership with Stone Enterprises Inc. (“Stone” or the “Company”), a leading provider of mission-critical aftermarket parts and equipment solutions for the food processing industry across North America.
Founded by Tracy Stone in 2000, Stone Enterprises has built a strong reputation for quality, reliability, technical expertise, and customer service. The Company provides food processors with critical replacement parts and equipment, and related solutions that help ensure efficiency, uptime, and safety in production environments.
As part of the transaction, Mr. Stone will retain a meaningful stake in the business and continue leading the Company as CEO in partnership with SRM Equity Partners.
“We are excited to partner with SRM to accelerate the Company’s next phase of growth,” said Tracy. “Their resources, experience, and vision will help us expand our solutions, invest in innovation, and better serve our customers.”
“Stone Enterprises has established itself as a trusted partner to food processors with mission-critical parts and equipment,” said John Cote, Managing Partner at SRM Equity Partners. “We look forward to working with Tracy and the Stone Enterprises team to build on this foundation, scale the platform, and strengthen the Company’s leadership position in the industry.”
The investment in Stone Enterprises reflects SRM’s strategy of backing entrepreneur-led businesses with strong market positions and supporting their long-term growth through operational resources and strategic acquisitions.
“Stone is poised for significant growth in the coming years,” said Fausto Lucero, Principal at SRM. “We’re committed to making the necessary investments in both people and technology to accelerate that growth, while preserving the company’s strong, customer-driven culture.”
The broader SRM deal team included Jimmy Carragher (Vice President), and Matt Greenway (Associate), who contributed to the successful execution of the transaction.
About Stone Enterprises
Stone Enterprises is a precision manufacturer of equipment and quality replacement parts for the food processing industry. The Company partners with food processors to deliver mission-critical products and services that enhance reliability, productivity, and food safety.
About SRM Equity Partners
SRM Equity Partners is an operationally focused private equity firm headquartered in Atlanta, GA and Austin, TX. The firm partners with lower-middle market companies across the healthcare, business services, and industrial sectors. SRM brings deep operational expertise, a long-term investment approach, and a collaborative mindset to help businesses grow sustainably and reach their full potential. Learn more at www.srmequity.com.