Independent sponsor
Stacker Holdings
- HeadquartersChicago, IL S5
- Websitestackerholdings.com
- Last verifiedNovember 2, 2026
At a glance
| EBITDA range | $2M to $10M S1 |
|---|---|
| Deal types | Platform S2 |
| Geography | United States S2 |
| Sectors | Industrial & Manufacturing, Landscaping |
What Stacker Holdings buys
Stacker Holdings is a Chicago independent sponsor led by co-founders G.R. Kearney and Austin Reichardt, who were both partners at Acuity Capital Partners. It invests in privately held U.S. companies, with a preference for the Midwest, that earn roughly $2 million to $10 million a year in EBITDA or owner cash flow and have a believable path to doubling earnings within five years. It is open to most industries but avoids oil and gas, retail, real estate and commodity-driven businesses. It prefers management teams that will stay and keep a real ownership stake, and it will also consider owners who want to retire.
Stacker raises debt and equity separately for each deal from individuals, family offices and institutions, and its partners invest their own money in every company. With no fund deadline, it says it has no fixed holding period. Its holdings include two Illinois manufacturers, Acme Finishing and CM Industries, Missouri Pipe Fittings in St. Louis, Mashburn Outdoor billboards, Card Market gift cards and Advanced Irrigation, a Minnesota outdoor services company added in January 2026.
Recent deals
Announced in the 24 months before November 2, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jan 2026 | Advanced IrrigationBuffalo, Minnesota irrigation, landscape maintenance and snow removal company serving the Twin Cities; Halifax West led the debt financing and co-invested as a minority holder | Platform | Landscaping | Source |
Portfolio by sector
From the firm's portfolio page S3.
Industrial & Manufacturing
- Acme Finishing Company
- CM Industries
- Missouri Pipe Fittings Company
Landscaping
- Advanced Irrigation
Other
- Mashburn Outdoor
- Card Market
Greymont’s take
How Stacker Holdings fits a seller
Stacker fits the owner of a profitable, mostly Midwest company who wants to cash out some or all of the business or retire, cares how employees and customers are treated afterward, and would rather not sell to a buyer planning a quick resale. Its partners sit on the board and take on hands-on projects such as hiring, acquisition strategy and better reporting, and one partner now serves as president of Acme Finishing. It also backs managers who want to buy the company they run, as long as the owner is willing to sell.
Because Stacker raises capital for each deal, an owner should ask who is providing the equity and debt and how much of it is already committed. In the 2026 Advanced Irrigation deal, the merchant bank Halifax West led the financing and co-invested. Owners should also ask whether Stacker will hold majority control.
Questions owners ask
What size company does Stacker Holdings look for?
Its homepage targets companies earning $2 million to $10 million a year in owner earnings, and its criteria page asks for at least $2 million of operating cash flow, EBITDA or seller discretionary cash flow.
Does Stacker Holdings have a set holding period?
No. Because it raises money separately for each investment instead of from a fund, it says it can hold for as long as makes sense and is not looking to buy and flip companies.
Can a manager use Stacker Holdings to buy the business they run?
Yes. Stacker says it welcomes managers of businesses earning around $2 million who want to buy them from the current owners, provided those owners are willing to sell.
Sources
- S1Stacker Holdings home page Accessed November 2, 2026
- S2Stacker Holdings: About Us and Investment Criteria Accessed November 2, 2026
- S3Stacker Holdings: Investments Accessed November 2, 2026
- S4Stacker Holdings: Investors Accessed November 2, 2026
- S5Stacker Holdings: Contact Accessed November 2, 2026
- S6Stacker Holdings: Business Owners & Managers Accessed November 2, 2026
- S7Stacker Holdings: Team Accessed November 2, 2026
- S8Halifax West Provided Capital Advisory Services to Stacker Holdings in Its Investment in Advanced Irrigation (January 29, 2026) Accessed November 2, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Stacker Holdings. Figures are as reported on the dates shown and may have changed. Request a correction