INVESTMENT CRITERIA
Cornerstone seeks to acquire or invest in businesses in the following sectors:
Industries/Sectors
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Industrial Technology
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Niche Manufacturing
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Medical Technology
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Precision/Engineered Components
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Test and Measurement
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Value-Added Distribution
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B2B e-Commerce
We look for the following Business Characteristics
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Branded, proprietary products or differentiated technology/service
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Large and growing end markets
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Sustainable competitive advantages and market position
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Long-standing customer relationships
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Outstanding product/service quality
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No prior institutional ownership
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Moderate capital expenditure requirements
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Customer and product diversification (< 20% of sales)
Business Size
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EBITDA greater than $1 million
Geographic Focus
​Cornerstone considers transactions in the Eastern half of the United States with a primary focus on the:
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Great Lakes Region including:
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Ohio
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Wisconsin
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Pennsylvania (eastern)
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Michigan
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Minnesota
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Illinois​
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Northeast​​
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Massachusetts
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Maine
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New Hampshire
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Vermont​
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Transaction Types
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​​​Business Acquisition
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Recapitalizations
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Growth Financings
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Underperforming and/or Turnarounds
Avoided Situations
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Start-ups or pre-revenue businesses