Portfolio

Cornerstone Advisors

Cornerstone Advisors

In 2020, we made an investment in Cornerstone Advisors, a premier management and technology consulting firm serving banks, credit unions, FinTech and investors

Investment Date
2020
Exit Date
2025
Sector
Business Services
Website
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Vision

Transform a high-performing boutique firm into a scaled, full-service consulting platform through investments in talent, systems, client delivery and strategic M&A.

Transform

Established the operational foundation for sustainable growth

  • Developed standardized playbooks and templates to improve consistency and quality of client delivery
  • Built a junior talent program from the ground up to increase efficiency and support sustainable growth
  • Established a professional sales organization and implemented a disciplined account management framework
  • Modernized core IT systems to better position for growth and enhance visibility into performance

Scale

Partnered with management to scale the business across multiple fronts

  • New service offerings expanded client solutions and established recurring revenue streams
  • Purpose-built talent operating model tripled senior team’s capacity
  • Revamped sales and account management teams drove double-digit annual growth
  • Programmatic M&A playbook enabled four add-on acquisitions and cemented Cornerstone’s reputation as an acquirer of choice

Results

  • ~2.5x Revenue growth
  • ~3x EBITDA growth
  • ~3x Employee growth