Cornerstone’s Investment Philosophy
Because our success is based on the long-term success of our portfolio companies, we are compelled less by initial financial numbers than by the underlying strength and positioning of the companies in which we invest.
Market Leaders in Niche Industries
Cornerstone invests only in companies that are leaders in niche and/or regional markets and demonstrate real growth potential, either internally or through additional acquisitions. We have found that entrepreneurial companies ready to enter their next phase of growth, family-run businesses whose founders are ready to harvest their investment, and corporate divisions that no longer reflect the strategic focus of the parent company often present opportunities well suited to our approach.
Cornerstone looks for entrepreneurial leaders, and we expect and encourage senior management to hold ownership positions in their companies. We want managers with integrity and motivation; we demand the same of ourselves, and we are committed to the kind of working partnerships that are built on mutual confidence and respect.
Ability to Grow and Improve Operations
To Cornerstone, an investment or acquisition is not an end; rather, it is the necessary first step toward building a company’s long-term value in partnership with management. Leveraged transactions are most effective when combined with strategies to improve operating performance and enhance future growth. We believe that this is achieved best by empowering the management and workforce and by providing access to financial and strategic resources.