About Stonewood Capital Management
Stonewood Capital Management is a private equity financing firm focused primarily on management-led buyouts of manufacturing, assembly, and distribution companies.
Stonewood Capital Management Headquarter Location
209 4th Avenue
Pittsburgh, Pennsylvania, 15222,
Latest Stonewood Capital Management News
Apr 22, 2021
Irwin event to promote Norwin’s musical Businesses in Irwin will join in an “Under the Sea Day” from 10 a.m. to 4 p.m. May 1 as a promotion for the Norwin High School Theatre Co.’s performance of “Little Mermaid” from May 6 through 9 at the high school stadium. Those who find a seashell will win a prize that can be redeemed at Feathers Artist Market, 102 Fourth St. Restaurants in town will feature seafood specials. Characters from the musical will be at Cheesecake Caffe, 512 Main St., from 10 a.m. to 11 a.m. Tickets for the musical will be available for purchase. North Huntingdon hires seasonal help North Huntingdon is hiring workers to provide seasonal help this summer at a rate of $11 per hour. Jayden Hooke, Christopher Branthoover and Jordan Wardman were hired for the parks and recreation department, pending pre-employment drug and alcohol tests. Five openings are available for seasonal workers in the public works department, said Jeff Silka, township manager. Cemetery company sold to Pittsburgh firm A Pittsburgh private equity firm purchased a Jeannette-based company that is one of the largest privately owned gravesite operators in the nation, with 26 memorial parks, including four in Westmoreland Count. Stonewood Capital Management said an unnamed affiliate purchased CMS East Inc. on Agnew Road for an undisclosed price. CMS owns Westmoreland Memorial Park in Hempfield, Penn-Lincoln Memorial Park in North Huntingdon, Jeannette Memorial Park and Greenwood Memorial Park in Lower Burrell, as well as nine others in the state and memorial parks in Ohio, Maryland, and the Carolinas. “CMS East has developed a very attractive network of memorial parks which have served families for decades,” Peter J. Muth, senior vice president of Stonewood Capital, said in a statement. Muth could not be reached for comment. The company declined to offer additional information. The Stonewood Capital affiliate acquired all shares in CMS East, which was founded by George Stoecklein Sr. in 1957, the year after he and his brother bought Penn-Lincoln Memorial Park, according to the company website. CMS East will retain its 130 employees and continue its operations, said Jude Abraham, CMS East president. Because of the nature of the sale, Abraham said the change in company ownership will not result in four deeds being filed with the Westmoreland County Recorder of Deeds. S&T Bank of Indiana provided a senior lending facility to support the acquisition, Stonewood Capital said. It did not reveal how much money it borrowed, nor was there a mortgage recorded with the county. Joe Napsha is a Tribune-Review staff writer. You can contact Joe at 724-836-5252, firstname.lastname@example.org or via Twitter . Support Local Journalism and help us continue covering the stories that matter to you and your community.
Stonewood Capital Management Team
3 Team Members
Stonewood Capital Management has 3 team members, including current President, George R Knapp.