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Bluestone completes first buyout with $90m 11th St. Workshop deal

Friday, November 13, 2026 · first reported by Private Equity Wire

Bluestone Equity Partners has taken a controlling stake in 11th St. Workshop, its first majority buyout. The US company designs and builds sets for live events and retail spaces. Private Equity Wire, citing Bloomberg and people familiar with the matter, puts the enterprise value at about $90m.

The deal is funded from Bluestone's first fund, which totals $350m, and is that fund's 11th investment. Founder Louis Asaro keeps a significant minority holding and stays as chief executive. Bluestone intends to grow the business into a national platform.

Also named
11th St. Workshop
Fund
Bluestone inaugural fund
Deal value
$90M
People
Louis Asaro
Asset class
Private equity
Geography
North America

The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.

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