Keystone Capital Welcomes Matt DeLong
March 2024

Keystone Capital Management, L.P. (“Keystone”) is pleased to announce the addition of Matt DeLong to the investment team as a Principal.

Mr. DeLong brings over fifteen years of lower middle market private equity investing experience in a broad range of industries including testing/inspection/certification/compliance (TICC), flow control, industrial and business services, and specialty chemical distribution and manufacturing. Mr. DeLong will be responsible for investment strategy development, recruitment of operating partners, deal sourcing, transaction structuring, deal execution, and post-close growth initiatives.

“Keystone continues to grow rapidly, and with the completed raise of our most recent fund, we are excited to add talented members to our team such as Matt,” commented Scott Gwilliam, Managing Partner of Keystone. “Matt will be a terrific cultural fit at Keystone and his experience aligns extremely well with our investment strategy.”

Prior to joining Keystone, Mr. DeLong spent over fifteen years with JZ Partners/Jordan Industries, a lower middle market private equity firm. Prior to his tenure with JZ Partners/Jordan Industries, Mr. DeLong worked in the investment banking division of Bank of America. Mr. DeLong received a B.S. in Finance and Accounting from Miami University.

“I am very excited to be joining the team at Keystone,” commented Mr. DeLong. “I look forward to continuing Keystone’s success in building leading lower middle market businesses for many years to come. Having known the Keystone team for a number of years, I knew that Keystone would be great fit for me culturally and that their dedication to ‘buy-and-build’ investing aligned perfectly with my background.”

Mr. DeLong can be reached at 312-219-7997 or at