Crescenda announces the sale of Princess Marble & Granite 

Minneapolis, Minnesota – Crescenda Merger & Acquisition Advisors announced that its client, Princess Marble & Granite was acquired by Oakland Standard Co., a Michigan-based private equity firm. 

For over 20 years, Princess Marble has been the leading fabricator of natural stone and quartz and manufacturer of cultured marble in Minnesota. Their vast selection, exceptional quality and unmatched customer service has led Princess Marble to become the best choice for homebuilders in the Twin Cities and surrounding area. The sale included real estate consisting of a 38,000 square building and over three acres of land located in Burnsville, Minnesota. 

According to Bryan Tolles, a Partner with Oakland Standard, "Acquiring Princess Marble was a perfect fit for our investors. Our approach is to work with owners and management teams to build long-lasting businesses that are leaders in their industries and we are very excited about our partnership with Princess Marble." 

Bill Jenkins, owner of Princess Marble said, "After twenty great years building my company, I feel as though I had gone as far as I could on my own. Oakland Standard will provide the growth capital to take us to the next level and provide resources to continue building on the success I was able to achieve." Bill added, "I was able to find an excellent buyer that will continue the operation and give great opportunities to my exceptional group of employees." 

Princess Marble was established in 1996 with the mission of becoming the leading countertop company in Minnesota. That mission continues and is now enhanced with the investment by Oakland Standard. As the company continues to move forward and grow, it maintains its small business model of success that is highly focused on providing quality work and building strong, long-term customer relationships. 

About Oakland Standard Co. 

Oakland Standard Co. is a Michigan-based private investment firm focused on lower middle market industrial businesses that want more than just capital. The target situation is where an operational approach and strategic support creates value by building strong companies over a long-term horizon. 

Princess Marble marks Oakland Standard’s first investment in the countertop supply and fabrication industry and is actively seeking to partner with other regional countertop businesses. 

Crescenda Merger & Acquisition Advisors represented Princess Marble as sell-side advisor. Jim Odney handled the sale for Crescenda. 

About Crescenda, LLC 

Crescenda is a mergers and acquisitions intermediary and investment banking advisory firm focusing primarily on the sale of successful, privately-held companies. 

FOR FURTHER INFORMATION CONTACT: 

Jim Odney, Managing Director Crescenda, LLC 

jim@crescenda.com (763) 545-1886 

Bryan Tolles, Partner 

Oakland Standard Co. 

bryan@oaklandstandard.com 

(313) 701-7735