Cornerstone
 

HISTORY

  • Originated in 1984 as Prudential Equity Investors
  • Team established Cornerstone Equity Investors as an independent firm in 1996
  • Aggregate committed capital in excess of $1.0 billion
  • Invested in over one hundred portfolio companies

THE FIRM

  • Senior level focus - Two partners assigned to every transaction
  • One location

STRATEGY

Transaction Focus

  • middle market control transactions
  • Transaction Range - $15 - $250 million in enterprise value
  • 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

    • 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