Private Equity Firm Industrial Services

Cornerstone Capital Holdings

Santa Monica, California, United States

Diversified holding company comprised of manufacturing and industrial service companies. Seeks to acquire non-core divisions of large corporations and select privately- and institutionally-owned businesses, serving aerospace, defense and general manufacturing markets.

Focus Areas
Manufacturing and industrial services holdings, Aerospace & defense manufacturing (portfolio companies), Industrial services (portfolio companies)

Tracked deals

5

5 tracked deals across 2019-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Divestiture

3 divestiture · 1 addon · 1 buyout

Cornerstone Capital Holdings Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Cornerstone Capital Holdings. 3 2019 1 2021 1 2022

Supporting Data

Recent Transactions

  • Walbar Acquires Chromalloy's Guaymas Manufacturing Facility
    August 1, 2022
    Buyer
    Walbar Engine Components, Cornerstone Capital Holdings
    Target
    Chromalloy Guaymas manufacturing facility
    Seller
    Chromalloy (division of Sequa Corporation), Sequa Corporation
    Industry
    Manufacturing
    Location
    Sonora, Mexico
    Type
    Addon

    Walbar Engine Components, a portfolio company of Cornerstone Capital Holdings, has acquired Chromalloy’s 35,000-sf manufacturing facility in Guaymas, Sonora, Mexico from Chromalloy (a division of Sequa Corporation). The acquisition expands Walbar's manufacturing capacity and engine platform content, supporting additional Airbus, Boeing and Siemens engine programs and increasing support for rising engine build rates.

  • Cornerstone Capital Holdings Acquires Integrated Technologies (Intec) from LMI Aerospace
    July 1, 2021
    Buyer
    Cornerstone Capital Holdings
    Target
    Integrated Technologies, Inc. (Intec)
    Seller
    LMI Aerospace, Inc., The Sonaca Group
    Industry
    Aerospace & Defense
    Location
    Washington, United States
    Type
    Divestiture

    Cornerstone Capital Holdings acquired Integrated Technologies, Inc. (Intec) from LMI Aerospace (a division of The Sonaca Group) on July 1, 2021. The acquisition adds composite and thermoplastic manufacturing and materials testing capabilities to Cornerstone's existing metallic manufacturing portfolio to better serve aerospace, defense and space customers.

  • Cornerstone Capital Holdings Acquires Powers Equipment Company
    May 1, 2019
    Buyer
    Cornerstone Capital Holdings
    Target
    Powers Equipment Company
    Seller
    Powers family (Bruce Powers)
    Industry
    Manufacturing
    Location
    Pennsylvania, United States
    Type
    Buyout

    Cornerstone Capital Holdings acquired Powers Equipment Company, a manufacturer of commercial refrigeration equipment, on May 1, 2019. Cornerstone will partner with Ken Regula as President and CEO as the family-owned Powers business transitions ownership from the Powers family.

  • Cornerstone Capital Holdings Acquires N2 Imaging Systems from Collins Aerospace
    February 15, 2019
    Buyer
    Cornerstone Capital Holdings
    Target
    N2 Imaging Systems
    Seller
    Collins Aerospace, United Technologies Corporation
    Industry
    Aerospace & Defense
    Location
    California, United States
    Type
    Divestiture

    Cornerstone Capital Holdings acquired N2 Imaging Systems from Collins Aerospace (a unit of United Technologies Corporation) in a divestiture announced February 15, 2019. The acquisition adds compact visible and infrared imaging system design and manufacturing capabilities to Cornerstone’s aerospace and defense portfolio to support military situational awareness and surveillance missions.

  • Cornerstone Capital Holdings Acquires AeroGen-TEK (formerly MECO) from Doncasters
    January 10, 2019
    Buyer
    Cornerstone Capital Holdings
    Target
    AeroGen-TEK (formerly MECO)
    Seller
    Doncasters Group Ltd
    Industry
    Aerospace & Defense
    Location
    Illinois, United States
    Type
    Divestiture

    Cornerstone Capital Holdings acquired AeroGen-TEK (formerly MECO) from Doncasters Group Ltd, completing Doncasters' planned divestiture of its North American fabrications businesses. AeroGen-TEK, based in Paris, Illinois, makes precision metal fabrications and machined components for aerospace, industrial gas turbine and marine OEMs and will continue to be led by President Tim Hough under Cornerstone's ownership.

Related Acquisition Pages

Aerospace & Defense Buyers & Acquisitions 3 tracked deals by Cornerstone Capital Holdings. Manufacturing Buyers & Acquisitions 2 tracked deals by Cornerstone Capital Holdings. Acquisitions in California 1 tracked deal by Cornerstone Capital Holdings. Acquisitions in Illinois 1 tracked deal by Cornerstone Capital Holdings. Acquisitions in Pennsylvania 1 tracked deal by Cornerstone Capital Holdings. Acquisitions in Washington 1 tracked deal by Cornerstone Capital Holdings.

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