News
Category: Transactions
Category: General News
Corridor Capital Expands Its Operations and Investment Teams with Additions of Cici Zheng, Kate Speese and Jack Chason
January 23, 2024 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the addition of three team members: Cici Zheng as Managing Director, Operations in the Operations & Advisory Group, Kate Speese and Jack Chason, both Associates on the firm’s Investment Team....
Corridor Capital Unlocks a New Door, Invests in Association Headquarters
January 8, 2024 | Transactions
Los Angeles, CA – Corridor Capital announced January 8, 2024 an investment in Association Headquarters, LLC (“Association Headquarters,” “AH” or the “Company”) in collaboration with management, to support the Company’s expansion and continued development of value-added services for its clients. This...
Corridor Capital Invests in Sales and Sales Leadership Training Platform Integrity Solutions
November 28, 2023 | Transactions
Los Angeles, CA – Corridor Capital announced today an investment in Integrity Solutions, LLC (“Integrity Solutions” or the “Company”) in collaboration with management, to support the Company’s growth trajectory and continued development of new value-added services for its clients. This...
Corridor Capital Unlocks Next Exit – Sells SPM Group to Unlock Health, a portfolio company of Amulet Capital Partners and Athyrium Capital Management
November 28, 2023 | Transactions
Los Angeles, CA – Corridor Capital, LLC through its affiliated funds Corridor Capital III, L.P., Corridor Capital III International Holdings, LLC and Corridor Capital III Parallel, L.P. (collectively, “Corridor” and the funds, “Corridor Capital III”), has sold the businesses underlying...
Corridor Capital Promotes Tommy Lee to Vice President
September 6, 2023 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the promotion of Tommy Lee to Vice President. As a member of the firm’s investment team, Tommy has been involved in evaluating, underwriting and financing new platform and add-on investment...
Corridor Capital Sells the Companies of Consolidated Flooring to Rainier Capital Partners
July 10, 2023 | Transactions
Los Angeles, CA – Corridor Capital, LLC, through its affiliated funds Corridor Capital II, L.P. and Corridor Capital II Parallel, L.P. (collectively, “Corridor”), has sold the businesses underlying Consolidated Flooring, LLC, the holding company for its portfolio companies SCI Floor...
Corridor Capital Expands its Investment Team with Addition of Tommy Lee & Michael Liu
September 18, 2022 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Tommy Lee and Michael Liu, both as Senior Associates on the firm’s Investment Team. Prior to joining the Corridor team, Tommy was a Senior Associate at Orangewood...
Corridor Capital and World Wide Land Transfer acquire First Partners Abstract Co. Inc.
July 27, 2022 | Transactions
Trevose, PA and Los Angeles, CA – World Wide Land Transfer Holdings, LLC (“WWLT”), a Corridor Capital portfolio company, has acquired First Partners Abstract Co. Inc. (“First Partners Abstract” or “FPA”), in partnership with FPA founder, Stephen Wooldridge. FPA’s staff...
Corridor Capital Managing Director Promotions and Expansion of In-House Operations Team
April 10, 2022 | General News
Iman Navi – Promotion to Managing Director, Investment Team Corridor Capital is pleased to announce the promotion of investment team member Iman Navi to Managing Director. Iman joined Corridor Capital in April 2014 and has been an active leader...
Corridor Capital Sells Nationwide Property & Appraisal Services to Arcapita Group Holdings
January 31, 2022 | Transactions
Los Angeles, CA – Corridor Capital, through its affiliated funds (collectively, “Corridor”), has successfully sold portfolio company Nationwide Property & Appraisal Services (“Nationwide” or the “Company”), a leading technology-enabled real estate appraisal management company (“AMC”), to Arcapita Group Holdings, an...
Health Trifecta: Corridor Capital’s SPM Group Completes its Third Add-on Acquisition with Industry-Leading Health Content Agency GLC
December 21, 2021 | Transactions
Chicago, IL - Chicago-headquartered SPM Group deepens its content development and marketing resources with the addition of health content leader GLC. Putting client goals at the forefront of its strategy, SPM Group has created a fully integrated, “through the funnel”...
Corridor Capital Expands Investment Team with Kevin Jay
December 6, 2021 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Kevin Jay as Principal on the firm’s Investment Team. Kevin will be focusing on the evaluation, diligence, financing and execution of new investments. He will also be...
Dreams Do Come True! SPM Group Continues to Expand its Full Spectrum of Digital Services, with the Addition of a Digital Performance Leader, Dreamscape Marketing
September 15, 2021 | Transactions
La Grange, IL and Los Angeles, CA – In its continued pursuit to build a leading healthcare-focused, fully integrated marketing services platform, Corridor Capital portfolio company Specialty Marketing & Communications Holdings, LLC (“SPM Group,” the sole owner of SPM Marketing...
Craig Enenstein Panelist on Marcum’s Webinar “What’s Next for Private Equity?”
September 9, 2021 | General News
Craig Enenstein was a panelist on Marcum’s webinar “What’s Next for Private Equity?” held on Wednesday, September 8, 2021. Moderator Salman Ali, Private Equity Leader for Marcum’s Western Region and co-panelist Michel Glouchevitch, Managing Director for RLH Equity Partners, discussed...
Corridor Capital and Nationwide Property & Appraisal Services Acquire First Choice Appraisal Management
June 8, 2021 | Transactions
Voorhees, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services, LLC (“Nationwide”), a portfolio company of Corridor Capital, completed its acquisition of First Choice Appraisal Management, Inc. (“FCAM”) in partnership with FCAM founder Jeff Richards and CEO Jim...
Corridor Capital Acquires Controlling Interest in Create & Cultivate for $22 Million
March 22, 2021 | Transactions
Los Angeles, CA – Corridor Capital announced today the acquisition of a controlling interest in Create & Cultivate, LLC (“C&C” or the “Company”) in a transaction valued at up to $22 million to support the Company’s strong growth trajectory and...
Corridor Capital Lands Another Real Estate Services Investment, This Time in Title
March 11, 2021 | Transactions
Los Angeles, CA – Corridor Capital announced today an investment in World Wide Land Transfer (“World Wide” or the “Company”) in partnership with management to support the Company’s strong growth trajectory and dedication to providing critical value-added services for its...
Corridor Capital Exits Investments U.S. Industrial Tool & Supply and Arvan
January 5, 2021 | Transactions
Los Angeles, CA – Corridor Capital announced today its sale of U.S. Industrial Tool & Supply Company (“USIT”) and Arvan, Inc. (“Arvan”) to Esina Holding Corporation. These transactions mark the fourth and fifth exits from the firm’s prior fund, Corridor...
Corridor Capital Invests in Subscription-Based Business Training and Implementation Services Platform for Owners and Senior Executives of Contractor Services Businesses
December 23, 2020 | Transactions
Los Angeles, CA – Corridor Capital announced today an investment in CEO Warrior (“CEO Warrior” or the “Company”) in partnership with management, to support the Company’s strong growth trajectory and continued development of new value-added services for its clients. This...
Corridor Capital featured in the Los Angeles Business Journal: Deals & Dealmakers
October 12, 2020 | General News
Firm puts focus on tech to help boost businesses Despite its sometimes opaque and immutable image, private equity is a constantly evolving field. From its early days dominated by buyout shops looking to cut expenses at any cost to the...
Corridor Capital III Closes at $118 Million
September 16, 2020 | General News
Corridor Capital, LLC (“Corridor Capital”), a Los Angeles-based private equity firm, announced the final closing of Corridor Capital III (“CC III” or the “Fund”). CC III closed with total limited partner commitments of $118 million, more than a 100% increase over...
Craig Enenstein Panelist on ACG 101 Webinar on State of Private Equity
May 1, 2020 | General News
Craig Enenstein was a panelist on the ACG 101 and Calabasas Capital Webinar on the State of Private Equity held on Wednesday April 29, 2020. Experts discussed industries in private equity portfolios which are holding up better than others and how...
Corridor Capital Introduces Non-Control Structured Equity Product
March 30, 2020 | General News
Effective immediately, Corridor has rolled out a minority structured equity strategy to offer business owners flexible, non-control capital, coupled with our transformational operational and strategic engagement. We are actively seeking new investments whether through traditional majority acquisitions or structured, minority...
Corridor Capital and Nationwide Property & Appraisal Services complete the acquisition of Olde City Lending Solutions
February 12, 2020 | Transactions
Voorhees, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a portfolio company of Corridor Capital, completed its acquisition of Olde City Lending Solutions LLC (“Olde City”), in partnership with founders, Joe Cudwadie and Bill Donahue....
Corridor Capital and SPM Marketing & Communications acquire Centretek Solutions Web Services Division
January 30, 2020 | Transactions
La Grange, IL and Los Angeles, CA – In its pursuit to build the leading healthcare-focused, fully integrated marketing services platform, Corridor Capital portfolio company Specialty Marketing & Communications Holdings, LLC (“Specialty Marketing,” the sole owner of SPM Marketing &...
Corridor Capital and Nationwide Property & Appraisal Services continue their strategic consolidation of the appraisal management and property services space with the acquisition of Elliott & Company Appraisers
August 8, 2019 | Transactions
Gibbsboro, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a leading national appraisal management and real estate valuation services company recently completed the acquisition of Elliott & Company Appraisers (“Elliott”). Through this partnership, Nationwide will...
Corridor Capital and Nationwide Property & Appraisal Services complete the acquisitions of Guideline Real Estate Services and OrderPro USA
March 29, 2019 | Transactions
Gibbsboro, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a portfolio company of Corridor Capital, continuing its strategy of growth and service capability expansion, completed the acquisitions of appraisal management and property valuation services companies...
Corridor Capital Invests in Retirement Planning and Financial Education and Marketing Services Platform
January 25, 2019 | Transactions
Los Angeles, CA – Corridor Capital, in partnership with FMT Solutions (“FMT” or the “Company”), announced today an investment in FMT designed to support the Company’s expansion and continued development of integrated technology, educational content and process-driven marketing services for...
Corridor Capital Sells Wetmore Tool & Engineering to Sandvik
January 9, 2019 | Transactions
Los Angeles, CA – Corridor Capital announced today its sale of Wetmore Tool & Engineering Company to Dormer Pramet, a division of Sandvik Machining Solutions, a business area of Sandvik AB (SAND:SS). Founded in 1950 and located in Chino, California,...
Corridor Capital Wins The M&A Atlas Private Equity Deal of the Year
December 6, 2018 | General News
Los Angeles, CA – Corridor Capital won The M&A Atlas Private Equity Deal of the Year (Small – Middle Market) for its sale of Innovative Office Products to Cathay Capital, Orix and Norwest Mezzanine Partners. “We are honored to be...
Corridor Capital and Consolidated Flooring complete the add-on acquisition of Eastpointe Interiors
November 1, 2018 | Transactions
Los Angeles, CA – Consolidated Flooring, a Corridor Capital portfolio company, announced today the acquisition of Eastpointe Interiors (“Eastpointe” or the “Company”). Eastpointe, headquartered in Grand Rapids, MI, is a leading distributor and installer of floor covering products for commercial...
Corridor Capital Invests in SPM Marketing & Communications
April 19, 2018 | Transactions
Los Angeles, CA – Corridor Capital, in partnership with management of SPM Marketing & Communications (“SPM” or the “Company”), announced today an investment in SPM designed to support the Company’s continued expansion and development of its specialized marketing services offerings...
Corridor Capital Unveils Promotions
April 3, 2018 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the promotion to Principal of two members of its team: Iman Navi and Shaun Wright. These promotions follow the continued growth of the firm and each professional’s meaningful contribution to...
Sit-Stand and Deliver Corridor Capital Sells Innovative Office Products After Doubling EBITDA
February 1, 2018 | Transactions
Los Angeles, CA – Corridor Capital has sold Innovative Office Products LLC (“Innovative” or the “Company”) to a buyer entity owned by Cathay Capital, Norwest Mezzanine Partners and ORIX Mezzanine & Private Equity. Innovative designs, manufactures and distributes ergonomic products...
Emerald Expositions Acquires Connecting Point Marketing Group; Adds Best in Class Hosted-Buyer Model to its Capabilities
November 30, 2017 | Transactions
SAN JUAN CAPISTRANO, Calif. – November 30, 2017 – Emerald Expositions Events, Inc. (NYSE:EEX) (“Emerald”), a leading U.S. business-to-business trade show and conference producer, today announced its acquisition of Connecting Point Marketing Group (“CPMG”) from lower-middle market private equity firm...
Corridor Capital Adds Former Microsoft Deputy CFO Jean-Francois Heitz As Executive Advisor, Finance
October 26, 2017 | General News
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Jean-Francois Heitz as an Executive Advisor. Jean-Francois will be a valuable resource for the firm as it seeks to deliver a highly effective, scalable process for building...
Craig Enenstein Panelist at CFA Society Los Angeles Private Equity Roundtable
September 20, 2017 | General News
Craig Enenstein will be speaking at CFA Society Los Angeles' Private Equity Roundtable on Wednesday, September 20, 2017. Read more
Corridor Capital featured in the Los Angeles Business Journal: Deals & Dealmakers
May 15, 2017 | General News
Corridor Capital Invests in Indo~European Foods
May 3, 2017 | Transactions
Los Angeles, CA – Corridor Capital announced today an investment in Indo~European Foods, Inc. (“Indo~European” or the “Company”). For nearly 40 years, Indo~European has been a leader in providing specialty and gourmet Eastern European, Mediterranean, North African and South Asian...
Corridor Capital Invests in Nationwide Property & Appraisal Services
December 5, 2016 | Transactions
Los Angeles, CA – Corridor Capital, together with the founders of Nationwide Property & Appraisal Services, LLC (“Nationwide” or the “Company”), announced today an investment in the Company in support of its rapidly growing appraisal management and lender services platform....
Corridor Capital Invests in Connecting Point Marketing Group
September 20, 2016 | Transactions
Los Angeles, CA – Corridor Capital, together with the management and investors of Connecting Point Marketing Group, Inc. (“Connecting Point”, “CPMG” or the “Company”), announced today an investment designed to give the Company more resources to expand their very successful...
Corridor Capital and Consolidated Flooring complete the add-on acquisition of MC Flooring
July 8, 2016 | Transactions
Los Angeles, CA – Consolidated Flooring, a Corridor Capital portfolio company, announced today the acquisition of MC Flooring (“MC” or the “Company”). MC Flooring, headquartered in Shawnee Mission, KS, is the leading distributor and installer of floor covering products for...
Corridor Capital’s Innovative Office Products Acquires Ergotech Group
October 1, 2015 | Transactions
Los Angeles, CA – Innovative Office Products, LLC (“IOP”), a portfolio company owned by Corridor Capital, has acquired Ergotech Group (“Ergotech”). Both IOP and Ergotech design, manufacture and sell mounting solutions for flat panel monitors, notebooks and tablets. Headquartered in...
Corridor Capital Invests in a Leading Electronic Manufacturing Services Platform with its Acquisition of Circuitronics, Inc.
January 9, 2015 | Transactions
Los Angeles, CA – Corridor Capital, together with Gladstone Capital Corporation (NASDAQ: GLAD) and the management of Circuitronics, Inc. (“Circuitronics” or the “Company”), announced today the December 2014 acquisition of Circuitronics. Circuitronics is an Irving, TX based provider of specialized...
Corridor Capital Expands its Execution Team with Addition of Iman Navi
May 20, 2014 | General News
Iman Navi has joined Corridor Capital as Vice President. With more than eight years of middle market principal investment and investment advisory experience, Iman will focus on acquisitions of specialty manufacturing and business services platform companies and portfolio support. Prior...
Make it in America: A Corridor Capital Initiative
May 4, 2014 | General News
Corridor Capital hosted an evening of lively discussion around the resurgence of American manufacturing. Featured was a panel of experts from the Milken Institute, McKinsey Global Institute, Oaktree Capital Management, ARC Group Worldwide and The National Association of Manufacturers. Make...
Corridor Capital Forms a Leading Commercial Services and Distribution Platform with the Acquisition of SCI Floor Covering, Inc.
December 4, 2013 | Transactions
Los Angeles, CA – Corridor Capital formed Consolidated Flooring, LLC to acquire SCI Floor Covering, Inc. ("SCI" or the “Company”) in a transaction that closed on November 26, 2013. SCI, headquartered in Southfield, MI, is the leading distributor and installer...
Corridor Capital Acquires Specialty Manufacturer Innovative Office Products
September 9, 2013 | Transactions
Los Angeles, CA – In its second transaction in as many weeks, Corridor Capital has acquired a majority interest in Innovative Office Products, LLC ("IOP" or the “Company”) in a transaction that closed on September 9, 2013. IOP, headquartered in...
Corridor Capital Completes the Sale of Control Devices, LLC
September 3, 2013 | Transactions
Los Angeles, CA – Corridor Capital is pleased to announce the sale of Control Devices, LLC ("Control Devices" or the “Company”) to Goldner Hawn Johnson & Morrison in a transaction that closed on August 30, 2013. Control Devices, headquartered in...
Craig Enenstein Panelist at The Aerospace & Defense Forum Meeting in Orange County
May 2, 2013 | General News
“Private Equity Groups’ Pivotal Role in A&D” OC Chapter May 2, 2013 meeting Please join us on Thursday, May 2, 2013, 7:30am – 9:00am PST, when transaction-making executives from three well-known private equity groups share how savvy investors see the...
Shaun Wright Joins Corridor Capital to Spearhead Business Development Efforts
March 18, 2013 | General News
Corridor Capital is pleased to announce the addition of Shaun Wright as Director of Business Development. Shaun will be responsible for originating new investment opportunities for Corridor and helping manage the firm’s intermediary relationships. Shaun has a proven track record...
Corridor Capital Acquires Three Specialty Manufacturers from Churchill
January 3, 2013 | Transactions
Los Angeles, CA – January 3, 2013: Corridor Capital (“Corridor”) celebrated the New Year early with the acquisition of three specialty manufacturing companies from Churchill ESOP Capital Partners on December 21, 2012. In the transaction, Corridor acquired Wetmore Tool &...
Corridor Capital’s Control Devices Acquires KeepFlo, Inc.
September 10, 2012 | Transactions
Los Angeles-based Corridor Capital, LLC (“Corridor Capital”) announced today that its portfolio company Control Devices, LLC (“Control Devices”) acquired the operating assets of KeepFlo, Inc. (“KeepFlo”). The transaction, which is Control Devices’ fourth add-on acquisition, closed on September 7, 2012....
Corridor Capital’s Control Devices Completes Third Add-on Acquisition
April 18, 2011 | Transactions
Los Angeles, April 18, 2011 – Corridor Capital, LLC is pleased to announce that its portfolio company, Control Devices, LLC completed its third add-on acquisition with the purchase of Drain-All, Inc. The transaction closed on April 15, 2011. Terms were...
Corridor Capital’s Control Devices Acquires Robert Manufacturing Company
January 12, 2010 | Transactions
Los Angeles-based Corridor Capital, LLC is pleased to announce that its portfolio company, Control Devices, LLC acquired the operating assets of Robert Manufacturing Company, Inc. Control Devices closed the $3.55 million all-cash transaction on January 5, 2010. St. Louis-based Control...
Corridor Capital’s Control Devices Acquires Hunter Fritz World Source Manufacturing
September 8, 2008 | Transactions
Los Angeles, CA – We are pleased to announce that Corridor Capital, LLC portfolio company Control Devices, LLC acquired Hunter Fritz World Source Manufacturing, LLC on Wednesday, September 3, 2008. Hunter Fritz is a value-added global sourcing organization providing component...
