Cornerstone Advisors Acquires BankSmart

Cornerstone Advisors Acquires Maple Street

March 5, 2024

Professional Services

Cornerstone Advisors, a management and technology consultancy for banks, credit unions and fintechs, has completed its acquisition of Maple Street, an Orlando-based provider of vendor management solutions delivered through its Vendor Advantage System. The deal expands Cornerstone's capabilities by adding enterprise-wide vendor lifecycle management, vendor risk and cost-reduction services for community banks and credit unions.

Cornerstone Advisors Acquires Next Step, Inc.

December 7, 2021

Consulting

Cornerstone Advisors, a Scottsdale-based management and technology consulting firm and portfolio company of Altamont Capital Partners, has acquired Orlando-based Next Step, Inc., a specialist professional services team serving banks and credit unions. The acquisition is an add-on to Cornerstone that expands its core banking systems, implementation and contract negotiation capabilities to better serve mid-size financial institutions.

Cornerstone Advisors Acquires Coastline Analytics

August 31, 2021

Data & Analytics

Cornerstone Advisors, a Scottsdale-based management and technology consulting firm, has acquired Coastline Analytics, a Florida-based advanced analytics consultancy focused on community banks and credit unions. Coastline co-founder Steven Simpson joins Cornerstone to lead its Data Science Division as the firm expands its analytics, machine learning, and data science capabilities for financial services clients.

SmartBiz Acquires Centrust Bank and United Community Bancshares

March 17, 2025

Financial Services

SmartBiz (formerly SmartBiz Loans) closed its acquisition of United Community Bancshares, Inc. and its wholly owned subsidiary Centrust Bank, N.A., receiving regulatory approval to operate as a bank and bank holding company under the SmartBiz Bancshares, Inc. banner. The deal brings Centrust’s commercial banking team and SBA lending capabilities into SmartBiz Bank to expand technology-enabled lending and full-service banking for small and medium-sized businesses nationwide.

CoastalSouth Bancshares Acquires Cornerstone Bancshares

April 23, 2021

Financial Services

CoastalSouth Bancshares, parent of Coastal States Bank, completed the acquisition of Cornerstone Bancshares, the parent of Cornerstone Bank, expanding Coastal States Bank's presence in the Atlanta metropolitan area. The deal increases CSB's deposit footprint in Atlanta to over $550 million and brings Cornerstone's three Atlanta branches and client base into CSB's community banking platform.

SBI Acquires Smart Selling Tools

January 19, 2022

Consulting

SBI, a Go-to-Market growth advisory, has acquired Smart Selling Tools, an analyst and consulting firm focused on sales technology and productivity. The acquisition (backed by investor CIP Capital) expands SBI's commercial technology capabilities and brings Smart Selling Tools founder Nancy Nardin into SBI as a RevTech Expert Advisor.