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Cornerstone International Alliance sets transactions record

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May 5, 2023

GREEN BAY – Cornerstone International Alliance members – a consortium of industry-leading lower-middle market mergers and acquisitions (M&A) and investment banking firms – completed 169 deals in 2022, with an enterprise value of more than $1.3 billion, beating the previous year’s record. 

“2021 was a milestone year with $1.1 billion in deals closed for the first time, so to have another record year in 2022 is evidence of the strength of the Alliance and its members,” Nick Olsen, managing director of Cornerstone International Alliance, said.

Alliance members typically work with business owners whose companies have $500,000 to $15 million in EBITDA or $5 million to $150 million in revenue. 

Since its founding in 2018, the alliance – which offers business sales, acquisitions and valuations services – has grown its membership to 27 members on four continents.

The organization’s most recent international member is Netherlands-based Florijnz Corporate Finance.

“Last year, we served 20 Dutch businesses in national and cross-border transactions, and we’re on track to beat that this year,” Hans Minnaar, Florijnz founder and director, said. “A part of that success is derived from our membership with the Alliance, the global connections it creates and the ability to share experiences and expertise that can’t be found anywhere else.”

To date, members have completed more than 3,750 business transactions.

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