Del Monte Capital Announces Investment in the Cornerstone Companies | PR Newswire [Video]

A “Picks and Shovels” Investment Approach to Digital Computing Boom and Critical Water Infrastructure

, /PRNewswire/ — Del Monte Capital (“DMC”), a private equity firm specializing in growth-oriented, lower middle-market companies, is pleased to announce its majority recapitalization of the Cornerstone companies: Cornerstone Excavating (formerly WDBS Cornerstone) and Cornerstone On-Site Concrete (formerly Cornerstone OnTime Concrete). Operating primarily in the Dallas-Fort Worth area, the Cornerstone companies are well-positioned to expand their geographic reach and capitalize on significant growth opportunities in the infrastructure sector.

Founded in 2002 by David Stocker, Cornerstone Excavating has become a trusted provider of turnkey infrastructure solutions, specializing in specialty excavation and underground utility installations for mission-critical projects such as data centers and water treatment plants. Established in 2016, Cornerstone On-Site Concrete delivers a range of specialty and custom concrete solutions through its fleet of volumetric mixer trucks, enabling precise, cost-effective on-site concrete production for complex infrastructure needs.

As part of the transaction, David Owen…