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Alderman Holdings Closes Second Acquisition

11/14/2016

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​Chattanooga based investment company Alderman Holdings acquired the assets of Majestic Stone, Inc., Chattanooga Stone Center,  and Creative Stone Works.
 
Alderman Holdings combined these assets, launched a new operating company under the name Majestic Stone, and appointed Alderman partner Patrick Wells as the new CEO. The resulting business is an end-to-end operation focused on sustainably sourcing, custom cutting, and installing the highest quality Tennessee stone for landscaping, outdoor living, and custom residential and commercial building projects.  To view examples of available stone product visit www.majesticstone.com and for more information on the craftsmanship and the team’s installation work please visit www.chattanoogastonecenter.com
 
With new capital and new leadership, Majestic Stone is poised to provide customers with excellent products and outstanding customer service. Majestic Stone, with its location just outside of Chattanooga, in Dayton, Tennessee, is well positioned to continue serving the greater Chattanooga area’s natural stone needs.
 
Regarding the future opportunities for the company, Patrick Wells, CEO, noted “I look forward to working with the team at Majestic Stone to develop a brand that is not only known for its stone, but that raises the bar for customer service as well. The stone and the projects they’ve been apart of speak for themselves. But it’s delivering on our promise of becoming a dependable stone supplier that will make this opportunity a success."
 
John Clark, a new Board member for Majestic Stone commented, “I am very excited to serve on the Board for Majestic Stone. The company sources and provides some of the highest quality natural stone in the Southeast. Our CEO, Patrick Wells, is an experienced operator who brings great leadership to the sales, production and management teams. Exciting opportunities await!”
 
With a brand known for quality, a team of industry experts, a sought-after product, and untapped potential for significant growth, Majestic presents a compelling opportunity that aligns well with Alderman's long-term, hands-on approach. 
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Chattanooga, TN