$1.1 Billion Sets New Record for C.I.A. Members
Cornerstone International Alliance (C.I.A.) members completed 146 business transactions in 2021, representing more than $1.1 billion in combined transaction value.
Cornerstone International 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. Exit Strategies Group is a founding member of the Alliance and our CEO Al Statz serves on its board.
“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 Al Statz, CEO of Exit Strategies Group. “All CIA member firms have a track record of success and high integrity. And together we are actively working to set the standard for M&A excellence in the lower middle market.”
Founded in 2018, C.I.A. members have completed over 3,600 business transactions.