Borgman Capital acquires Minnesota Stone and Tile

Company will be merged with Milwaukee-based K.G. Stevens

Milwaukee-based private equity firm Borgman Capital has acquired Minneapolis-based Minnesota Tile and Stone and plans to merge the firm with another one of its portfolio companies. Terms of the deal were not disclosed. MTS is merging with Milwaukee-based K.G. Stevens, a fabricator and installer of countertops, and provider of cabinetry and luxury appliances. The merger

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