M&A Deal Summary

Cornerstone Industrial Group Acquires Terrawise Solutions

On January 1, 2021, private equity firm Cornerstone Industrial Group acquired construction company Terrawise Solutions

Acquisition Highlights
  • This is Cornerstone Industrial Group’s 1st transaction in the Construction sector.
  • This is Cornerstone Industrial Group’s 5th transaction in the United States.
  • This is Cornerstone Industrial Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 2021-01-01
Target Terrawise Solutions
Sector Construction
Buyer(s) Cornerstone Industrial Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Terrawise Solutions

McDonough, Georgia, United States
Terrawise Solutions offers a comprehensive range of advanced construction technologies and provide the latest equipment from Leica-Geosystems, respected world wide for manufacturing the most accurate instruments in the market. Terrawise Solutions was founded in 2002 and is based in McDonough, Georgia.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Cornerstone Industrial Group

Chagrin Falls, Ohio, United States

Investor

Category Private Equity Firm
Founded 1998
Size Small
Type Sector Agnostic
DESCRIPTION

Cornerstone Industrial is a private investment firm that looks to acquire and invest in privately held industrial companies in the Great Lakes area of the US and Canada. Cornerstone seeks companies with operating income under $5 million. Specific areas of interest include rubber and plastics products; manufacturers of industrial machinery; fabricated metal products; measuring instruments; industrial products; refractory and ceramic products; value-added distributors; and niche business services. Cornerstone acquires majority interests only. Cornerstone will not invest in startups or companies with high customer concentration. Cornerstone Industrial was formed in 1997 and is based in Chagrin Falls, Ohio.

DEAL STATS #
Overall 5 of 6
Sector (Construction) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 5 of 6
State (Georgia) 1 of 1
Country (United States) 5 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-31 Swiss-Tech

Delavan, Wisconsin, United States

Swiss-Tech is a niche manufacturer of low-volume, highly engineered, small, precision-machined parts for the aerospace, medical, fluid power, and industrial markets. Swiss-Tech was founded in 1965 and is based in Delavan, Wisconsin.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Sharpe Engineering

Sun Prairie, Wisconsin, United States

Sharpe Engineering is a food processing and packaging engineering, design, system integration, and turn-key project management and installation. Sharpe Engineering provides its services to hundreds of satisfied customers, improving food and beverage processing yields, capacity, and efficiency. Sharpe Engineering specialized food and beverage processing applications serviced include sanitation, packaging & material handling, powder handling, custom equipment, liquid cooking & pouch cooling systems and automation & controls. Sharpe Engineering was founded in 1994 and is based in Sun Prairie, Wisconsin.

Buy -
Mergr

Product

Company

Legal