2
Jurisdictions of operation
United States & United Kingdom
PERMANENT CAPITAL · US & UK
Permanent capital for businesses built to last.
Linkstone Holdings acquires and holds controlling interests in well-run, lower-middle-market companies across the United States and United Kingdom — and keeps them.
Four headline figures
100%
Privately held
Member-funded capital, no outside investors
No fund clock, no forced exit, ever
WY
Registered office
Cheyenne, Wyoming
OUR APPROACH
An owner, not a sponsor.
We acquire outright. There is no fund to wind down and no investment committee waiting on a flip — only the members’ own capital, held with intent to keep what works.
Discipline
We back a small number of businesses at a time and hold each one closely. Conviction over volume; depth over a crowded portfolio.
Continuity
The teams who built the business keep running it. Linkstone provides capital, governance, and patience, not a replacement bench.
Duration
We are not bound to a fund life. Capital is held by the members directly, which means decisions are made for the next decade, not the next quarter.
WHERE WE LOOK
Where we look.
Established operating businesses with durable demand — the kind that rarely make headlines and rarely need to.
Specialty manufacturing & industrials
Niche producers with entrenched customer relationships and limited substitute supply.
Business & professional services
Recurring-revenue service firms with sticky client bases across the US and UK.
Branded consumer & trade businesses
Heritage brands and trade-focused operators with loyal, repeat customers.
Infrastructure-adjacent operators
Asset-backed businesses providing essential, low-cyclicality services.
ACQUISITION CRITERIA
What we're disciplined about.
Every business we acquire is judged against the same short list. We would rather pass on ten opportunities than compromise on one.
| Geography | United States and United Kingdom — preference for owner-led businesses |
|---|---|
| Revenue | $5M – $75M annually, or the GBP equivalent |
| Profitability | Consistent, demonstrable free cash flow |
| Ownership | Outright acquisition of controlling or full equity interest |
| Leadership | Existing management willing to continue post-close |
| Structure | Founder transitions, carve-outs, and family successions welcome |
OUR PRESENCE
Two countries, one register.
Linkstone Holdings LLC is organized in Wyoming and acquires businesses on both sides of the Atlantic.
Linkstone Holdings LLC · 1712 Pioneer Ave, Ste. 500 · Cheyenne, WY 82001 · United States