Concord Ledger

Greater Concord Chamber of Commerce issued the following announcement on March 7.

Concord, New Hampshire – Cornerstone International Alliance (C.I.A.) members completed 146 business transactions in 2021, setting a new record of more than $1.1 billion in value. The Alliance is comprised of 25 industry-leading M&A and investment banking firms in the U.S., and across the globe, focused exclusively on serving businesses in the lower middle market.

“This is an incredible accomplishment and a testament to our member’s expertise, the strength of the organization and the global network it creates,” said Nick Olsen, Managing Director of Cornerstone International Alliance. “The members’ combined experience, resources and collaborative efforts are generating a new level of value for their clients in the lower middle market, and we’re excited about what’s ahead in 2022.”

The Alliance members typically work with business owners whose companies have $500,000 to $10 million in EBITDA or $5 million to $150 million in revenue; the primary services provided include business sales, acquisitions, and valuations.

“We’re always striving to find ways to help one another through networking and the sharing of best practices, which is the goal of the organization,” explains John Howe, Director of Business Transition Strategies(BTS). “Ultimately, the members are firms with a track record of success, high integrity professionalism at all levels of the market and actively work to set a high standard for M&A excellence in the lower end of the mid-market. We work with owners who have built impressive businesses - ones big enough to need a strategic transfer process like the one we use. We have a passion for the lower mid-market and understand the tug of war emotions involved in reaching a time when selling is a reality. I was among the founding members of this alliance which has grown through adherence to strong core values. We look forward to meeting owners and their teams.”

Founded in 2018, C.I.A. members have completed over 3,600 business transactions.

Reference

Lee-Ann Valotto

603-715-5420

leeann@bts-m-a.com

http://www.bts-m-a.com

Original source can be found here.