HISTORY

• Originated in 1984 as Prudential Equity Investors
• Team established Cornerstone Equity Investors as an independent firm in 1996
• Raised four funds with aggregate committed capital in excess of $1.2 billion
• Invested in over one hundred portfolio companies

THE FIRM

• Senior level focus - Two partners assigned to every transaction
• One location - 830 Third Avenue, 9th Floor New York, NY 10022

STRATEGY

Transaction Focus

• Middle market control transactions
• Transaction Range - $50 - $350 million in enterprise value
• Average Transaction Size – $100 million

Types of Buyout Transactions

• Divisional Purchases – Cornerstone has significant experience working with organizations that are transitioning from being a corporate division to a standalone entity
• Closely-Held Companies – Represent private companies owned by individuals or companies owned by another financial sponsor
• Public-to-Private – Cornerstone has extensive experience of taking private small capitalization public companies

Industry Focus

• Business Services
• Healthcare
• Specialty Manufacturing

Transaction Criteria

• Minimum $5 million of EBITDA and attractive margins (> 10%)
• Market leaders with defensible market positions in industry focus areas
• Diversified customer base without significant concentration
• Greater than five year operating history
• Realistic purchase price multiple and reasonable growth prospects