Long-term holding company
Southstone Holdings
- HeadquartersAtlanta, GA S1
- Founded2024 S3
- Websitesouthstoneholdings.com
- Last verifiedNovember 5, 2026
At a glance
| Deal types | Platform S4 |
|---|---|
| Geography | Southeast US S3 |
| Sectors | Roofing, Construction Services |
What Southstone Holdings buys
Southstone Holdings is an Atlanta holding company started in 2024 by Jeff Heck and John Ziegler. Heck invested at Roark Capital before running Monday Night Brewing as CEO, and Ziegler came from Bain's private equity group in Atlanta. They buy founder and family-owned small businesses to keep for the long term, and they say they plan in decades. The firm looks for quiet leaders in their category with strong products and a culture of treating people well. It has described a Southeast focus, though its newest company is in Texas.
Southstone owns two companies so far: Academy Fence, a Georgia fence installer bought in 2025, and LOA Roofing, an Austin roofer it backed in a growth recapitalization announced in November 2026. It publishes no revenue or EBITDA range, so its size limits are unknown. It aims to close within 75 to 90 days and offers $100,000 to anyone who introduces a company it goes on to buy.
Recent deals
Announced in the 24 months before November 5, 2026.
Portfolio by sector
From the firm's portfolio page S4.
Construction Services
- Academy Fence
Roofing
- LOA Roofing
Greymont’s take
How Southstone Holdings fits a seller
Southstone suits founders and families of small service businesses who care most about who takes over and what happens to their people. Its partners describe themselves as former founders and operators, and the firm presents itself as a patient alternative to traditional private equity. The process it describes is short: a first conversation, high-level financials under NDA, then diligence, with a target of closing in 75 to 90 days.
The firm is young, with two deals, so an owner has little history to judge it by. In the LOA deal, the release quotes the president and CEO talking about the next stage of growth, which suggests a partnership more than a clean exit. An owner should ask how much of the company Southstone would own, how the purchase is funded, and what happens if the owner wants out later. Speaking with the Academy Fence and LOA teams would be worth requesting.
Questions owners ask
Does Southstone Holdings own LOA Roofing and Academy Fence?
Yes. Both appear on its own companies page, with Academy Fence dated 2025 and LOA Roofing dated 2026. A November 4, 2026 release describes the LOA deal as a growth recapitalization in partnership with Southstone.
What size company does Southstone buy?
It does not publish revenue or EBITDA limits. It says only that it backs profitable small businesses owned by founders and families, so an owner would need to ask about size directly.
How long does a Southstone deal take?
It says it aims to close each transaction in 75 to 90 days, after a first conversation, a look at high-level financials under NDA, and diligence that raises the big questions in the first few weeks.
Sources
- S1Southstone Holdings home page Accessed November 5, 2026
- S2Southstone: Partner with Southstone Accessed November 5, 2026
- S3Southstone: Our Story Accessed November 5, 2026
- S4Southstone: Our Investment Portfolio Accessed November 5, 2026
- S5Westlake Securities Advises LOA Roofing and Construction on a Growth Recapitalization (November 4, 2026) Accessed November 5, 2026
- S6Southstone: Refer a Deal Accessed November 5, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Southstone Holdings. Figures are as reported on the dates shown and may have changed. Request a correction