Operators who do finance

We built the firm Indiana didn't have.

Hands-on operators who get in and make a business worth more, not advisors who hand you a report and leave.

Why LIMESTONE

Small-town businesses deserve big-time financial leadership.

Jared grew up in Jasper, came to Indianapolis through IU, and spent a career in investing and operating, including a family office where he helped run businesses through a $200M sale. He kept seeing the same thing: Indiana's best lower-middle-market businesses had real value and no one to help them build and prove it. Big private equity doesn't come down here, and there's no executive team to parachute in. So he started LIMESTONE.

The name is the point. Indiana limestone is the enduring stuff the country is built from. And LIMESTONE is the lower-middle-market answer to the big investor-operators: operators who buy in, build, and hold.

Two Seats. One Mission.

The seats most businesses can't hire on their own.

Jared brought in Ryan, a CPA who's reviewed 100+ business sales from the buyer's side, to lead the numbers. Together they fill the CFO and Operating Partner seats inside a business and do the work with you, not from a slide deck.

The People

You're hiring Jared and Ryan.

Founder & Operating Partner
Jared Luegers, CFA
Jasper, Indiana · IU Kelley School of Business

Builder by instinct, operator by track record, investor by training. Helped run a business through a $200M sale, operated businesses inside a private-equity family office, and held executive roles at a $9B Indiana RIA. Founder of OWN Indiana, the Indiana owner-operator network, and a mentor in Indiana's exit-readiness program.

CFO Partner
Ryan Anoskey, CPA
Evansville, Indiana · IU Kelley School of Business

Finance-first operator who builds the systems and runs them with you. 13+ years in transaction diligence, valuation, audit, and corporate finance, including roles at Roche and Blue & Co. 100+ buyer-side reviews delivered.

What We Promise

A straight answer. Always.

We get our hands dirty with you. We invest alongside you when it makes sense, so we win when you do. And we'll always give you a straight answer, even when it costs us the work. From Quarry to Capstone.