Investments

S.i. Systems

2022

Headquartered in Calgary, with offices in Edmonton, Vancouver, Toronto, Mississauga, Montreal and Ottawa, S.i. Systems leverages proprietary technology to offer its customers a comprehensive suite of solutions for on-demand access to high-skilled IT talent necessary to support their most critical business initiatives. Led by a best-in-class leadership team with deep industry experience, S.i. Systems has established itself as a leading provider of critical IT talent across industries in Canada and recently entered the high-demand U.S. market through the establishment of new offices in Chicago and Houston. Cornell Capital, in partnership with Canada-based private equity firm, TorQuest Partners, acquired S.i. Systems in November 2022.

sisystems.com

Longevity

2022

Longevity Holdings (“Longevity”), headquartered in Minneapolis, Minnesota, is a tech-enabled data analytics provider and third-party administrator (TPA) serving thousands of clients with mission critical information to help them address opportunities and challenges in their end markets. Cornell Capital acquired Longevity in September 2022.

longevity.inc

Advantek

2022

Advantek, LLC (“Advantek”), headquartered in Eden Prairie, Minnesota with global operations, is a provider of highly engineered carrier tape and associated protective packaging products that are used to transport and protect high-value semiconductor and electronic components during shipping and storage. Advantek’s solutions play an important role in the assembly process of products such as computers, mobile phones, LED lighting, medical components, smart appliances, and automobiles. With manufacturing facilities across three continents and led by an experienced management team, Advantek is renowned for its technical capability and consistent product quality and services, which have enabled long-tenured relationships with a global, blue-chip customer base. Cornell Capital acquired Advantek in July 2022.

advantek.com

Advancing Eyecare

2022

Advancing Eyecare (“AEC”), headquartered in Jacksonville, Florida, and comprising seven market-leading brands in eyecare instrumentation, is North America’s leading provider of ophthalmic instruments and offers a one-stop solution for ophthalmic equipment and servicing needs to a diversified base of customers, ranging from independent eye care practitioners to national chains, hospitals, teaching institutions, and others. Led by an experienced leadership team with deep industry expertise, AEC’s sales and service teams – the largest, most experienced and technical sales force and equipment service team in the industry – provide a differentiated offering to fully meet customer needs to operate a vision care practice. Cornell Capital acquired AEC in June 2022.

advancingeyecare.com

INW: Innovations in Nutrition + Wellness

2021

INW: Innovations in Nutrition + Wellness (“INW” ), headquartered in Salt Lake City, Utah, is a leader in custom R&D, manufacturing and marketing support solutions for global brands that serve the fast-growing nutrition and wellness industry. The company is a turnkey service provider of a range of differentiated products, including powders, liquids, capsules and tablets, gels, food bars, creams and lotions. With manufacturing operations across four states, the Company provides customers in North America and globally with comprehensive capabilities that extend from product development and innovation, ingredient sourcing, custom formulation and manufacturing, to packaging, logistics and scientific support. Simultaneous with the acquisition of INW through a leveraged buyout in March 2021, Cornell Capital and affiliates acquired Bee Health, a UK based developer and manufacturer of nutritional supplements.

inw-group.combeehealth.com

Ingenovis Health

2021

Through the combined acquisition of trustaff Management, Inc., CardioSolution, Fastaff Travel Nursing® and U.S. Nursing Corporation® with technology platform Stella.ai, Inc. (collectively “Ingenovis Health”), Cornell Capital and affiliates have created a a tech-enabled, diversified and scaled player in the healthcare workforce solution space with expertise in travel nurse staffing, rapid response staffing, strike preparedness and other healthcare related job action services. Subsequent to the initial merger, Ingenovis acquired HealthCare Support (2021), a national allied healthcare staffing platform, and Vista (2022), a locum tenens healthcare staffing company. These acquisitions exemplify our desire to continue to diversify Ingenovis’ solution offering and further enhance its value-additive services to the healthcare system. Cornell Capital’s investment closed in February and March 2021.

ingenovishealth.com

Vault

2021

Vault, headquartered in St. Petersburg, Florida, is a fast-growing provider of personal insurance for successful individuals and families. Launched in October 2017, Vault offers a modern insurance experience that combines an advanced technology platform and personalized concierge service designed to meet the needs of high-net-worth individuals. The Company provides customizable services and policies to insure high-value homes and cars, as well as collections of art, jewelry, wine, antiques and memorabilia. Its insurance offerings are available nationally, distributed through a national network of appointed agents and brokers. Cornell Capital and affiliates led the corporate carve-out of the business from Allied World Assurance Company in March 2021.

vault.insurance

Lisconn

2019

Lisconn Group, a trailblazer in the manufacturing industry, was born from the synergy of three renowned companies: Lorom, In-Tech Electronics, and Segue Manufacturing. With its headquarters strategically located in Hong Kong and a strong presence across China, India, Malaysia, and the U.S. (Billerica), Lisconn Group boasts a formidable workforce of approximately 5,000 dedicated professionals.

As a vertically integrated manufacturing solutions provider, Lisconn Group specializes in cable and wire harness production, complemented by its unparalleled electronic manufacturing expertise. The group's versatile capabilities allow it to cater to a diverse range of end markets, including the automotive, medical, industrial, aerospace, and defense sectors, among others.

Cornell Capital led a minority recapitalization of the Company in September 2019 and took control of the Company in May 2020.

Lisconn.com

Spectrum Automotive Holdings

2019

Founded in 1999 and headquartered in Fairfield, New Jersey, Spectrum Automotive Holdings is an agent, marketer and administrator of finance and insurance (“F&I”) products for the U.S. automotive market. Spectrum is a distribution-focused company in the F&I industry that provides a full suite of proprietary and third-party extended warranty and ancillary products, serving thousands of partners, including dealerships, administrators, and original equipment manufacturers. Cornell Capital and affiliates acquired a controlling interest through a leveraged buyout of the company in September 2019.

Citizens Rx

2019

Citizens Rx, founded in 2009 by industry veterans and based in Oak Park, IL, is a pharmacy benefit management company (“PBM”) focused on reducing drug spend for middle market commercial health plan sponsors. Citizens provides pharmacy claims processing, and clinical and cost management programs. Cornell Capital and affiliates led a minority recapitalization of the Company in February 2019.


citizensrx.com

Knowlton Development Corporation

2018

Knowlton Development Corporation (“kdc/one”) is a global leader in innovation, formulation, packaging, device design, and manufacturing for beauty, personal care, and home care brands. Since its establishment in 1990, kdc/one has transformed from a single facility manufacturer to a premier global innovation and outsourced manufacturing partner to some of the world’s greatest brands, offering partners the highest quality one-stop solution across all markets and channels. kdc/one operates state-of-the-art manufacturing facilities, R&D, design, and creative facilities, and innovation hubs globally, serving a broad base of customers across over 1,000 distinct brands. kdc/one has employees globally with operations in North America, Latin America, Europe and the Asia Pacific Region. Cornell Capital and affiliates led an investor group in a leveraged buyout of the Company, which closed in December 2018. In February 2021, Cornell led a dividend recap of the company. In March 2022, kdc/one closed on a strategic investment from KKR.
kdc-one.com

Blue Mistral (Fekkai Brands and Bastide)

2018

In November 2018, Cornell Capital partnered with global beauty industry icon Frédéric Fekkai to invest in Frédéric Fekkai Brands and Bastide, two beauty and personal care companies that now comprise Blue Mistral. Mr. Fekkai founded Fekkai Brands nearly 25 years ago as a pioneering brand in high-end hair care that today designs, markets and supplies hair care products and operates six luxury salons. Bastide is a Provence-based provider of luxury fragrances and hand, body and home ambience products that, prior to the investment, had been owned and run by Mr. Fekkai. Proceeds from the investment enabled Mr. Fekkai to buy his namesake brand back from its current owners and combine it with Bastide to reenter the global hair care market with a focus on luxury, high-growth sub-segments. The Company is headquartered in New York City.
fekkai.com | bastide.com

PureStar Linen Group

2018

PureStar Linen Group is the only national commercial linen management services provider dedicated to the hospitality industry in the US. PureStar boasts choice brands with full service laundries across 3 countries. The Company is headquartered in Las Vegas, Nevada. Cornell Capital and affiliates acquired a controlling interest through a leveraged buyout of the company in June 2018.
purestargroup.com

Talcott Resolution

2018

Talcott Resolution is the U.S. life insurance and annuity business of The Hartford Financial Services Group, Inc., which was placed into run-off in 2012. Its primary blocks of business are variable annuities, fixed annuities, structured settlements and corporate owned life insurance. The Company is headquartered in Windsor, Connecticut. Cornell Capital led a $1.7 billion equity consortium in financing the carve-out, which was completed in May 2018.In June 2021, Talcott was fully realized through a sale to Sixth Street Capital.
talcottresolution.com

Monolith Materials

2018

Monolith Materials manufactures and markets carbon black, a ubiquitous industrial input to tires, rubbers and plastics. The Company has developed a proprietary process to manufacture carbon black from natural gas, which offers significant cost and environmental savings as compared to the incumbent processes based on oil. The Company is headquartered in Lincoln, Nebraska. Cornell Capital participated in a Series B Preferred round that closed in January 2018, providing growth capital to construct the company’s first commercial facility, Olive Creek I. In July 2022, Monolith raised more than $300 million in a Series D round led by TPG Rise Climate and Decarbonization Partners, a partnership between BlackRock and Temasek.
monolithmaterials.com

Instant Brands

2017

Instant Brands (formerly known as Corelle Brands) is a global consumer-led, innovation-driven company focused on delighting consumers in their homes. Its well-recognized iconic brands - including Pyrex®, Corelle®, Instant™, CorningWare®, Snapware®, Chicago Cutlery® and Visions® - have been creating connections and memories in the homes of families across the world for over 100 years. The company, headquartered in Downers Grove, Illinois, employs approximately and operates across North America, Europe and Asia. Cornell Capital and affiliates acquired a controlling interest in the company through a leveraged buyout in May 2017, and enhanced the scale and reach of the business through the transformative acquisition of Instant Brands, maker of the best-selling Instant Pot®, in 2019. #InstantBrands #MadeforTogether.
instantbrands.com

MRC Global

2015

MRC Global (NYSE:MRC) is the leading global distributor of pipe, valves and fittings ("PVF") and other infrastructure products and services to diversified energy, industrial and gas utility end-markets. The Company is headquartered in Houston, Texas and has operations in key oil and gas markets worldwide. Cornell Capital invested in the form of 6.50% Series A Convertible Perpetual Preferred Stock to strengthen MRC Global’s balance sheet and enable the Company to capitalize on dislocations created by the energy cycle.
mrcglobal.com