Jeremy Stone

Jeremy Stone is Co-Founder and Managing Partner of Palm Peak Capital, a Boca Raton-based private equity firm launched in 2024 by Stone, Daniel Florian, and M. Steven Liff. At Palm Peak, he serves on the firm’s Investment Committee and Executive Committee.

Before founding Palm Peak, Stone was a Partner and Senior Managing Director at Sun Capital Partners, where he led the North American industrial sector investment team. Sun Capital announced in January 2017 that Stone had been promoted to Managing Director; at that time, the firm said he had joined Sun Capital as an Associate in 2005 and specialized in general industrial, building products, chemicals, and packaging.

During his Sun Capital tenure, Stone worked on dozens of transactions across industrial sub-verticals including industrial technology, chemicals, packaging, building materials, and distribution. Palm Peak lists representative investments from that period including American Standard, Architectural Surfaces Group, Arrow Tru-Line, Coveris Americas, Calcium Products, Demilec, Emerald Performance Materials, Kovalus Separation Solutions, Sonneborn, and Stake Center.

Earlier in his career, Stone worked at Duff & Phelps in Chicago on investment banking and related advisory services. He is a graduate of the University of Wisconsin-Madison and is based in Boca Raton, Florida.

• Palm Peak invests in lower-middle-market industrial and services businesses across North America, targeting control buyouts of fundamentally sound companies with tangible operational improvement and growth opportunities.
• The firm’s stated target criteria include $25 million+ revenue for platform companies, transaction values up to $250 million, and no minimum size for add-on acquisitions.
• Palm Peak prioritizes founder/family-owned companies, corporate carve-outs, and select sponsor-to-sponsor opportunities.
• Sector focus is concentrated in industrials and services, including industrial technology, building products, packaging, specialty distribution, chemicals, niche manufacturing, environmental services, industrial maintenance, staffing, and utility maintenance/construction.
• Palm Peak describes its role as providing “comprehensive support” to management teams through capital, strategy, and operating resources to help companies achieve “Peak Performance.”
• In its Fund I announcement, Palm Peak’s co-founders described the strategy as “value-oriented” and “operationally focused,” with an emphasis on partnering with management teams to build market-leading industrial and services businesses.