Cortec Group

Cortec Group is a private equity firm established in 1984 and headquartered in New York, focusing on lower middle-market companies in North America, particularly in the United States and Canada. The firm specializes in acquiring companies with revenues between $40 million and $300 million, primarily in sectors such as healthcare, specialty manufacturing, business-to-business and business-to-consumer products, distribution, and e-commerce. Cortec Group seeks to invest in businesses that may require growth equity or are undergoing management transitions, preferring to take majority or controlling stakes. The firm has a solid track record, having raised more than $1 billion in capital and completed over 65 platform and add-on acquisitions. Its investments typically range from $40 million to $250 million, targeting companies with enterprise values between $30 million and $300 million and EBITDA between $5 million and $35 million. The firm's experienced management team leverages its expertise to enhance company growth through product development, marketing initiatives, and market expansion.

Matthew S. Baker

Vice President

Ajay Chokshi

Partner

Allison E. Fiore

Managing Director

Jennifer H. Floyd

Associate

Aaron R. Hildebrand

Partner

Justin W. Hinshaw

Senior Associate

Catherine E. Horelick

Senior Associate

Alex C. Jalazo

Associate

William Keesler

Managing Director

Kyle P. Kilroy

Associate

Allison Sacks Klazkin

Partner

Douglas R. Kruep

Managing Partner

Jeffrey Lipsitz

Co-President

Jack Miner

Managing Director

Michael E. Najjar

Managing Partner

Michael S. Neuberger

CFO

Douglas B. O'Tool

Vice President

Matthew G. Rothstein

Vice President

R. Scott Schafler

Founding Partner

David Schnadig

Co-President

Jeffrey Shannon

Managing Partner

Jonathan A. Stein

Managing Partner

Eric W. Stroud

Associate

James Tucker

Managing Partner

Adam G. Watt

Associate

Robert Whipple

Managing Partner

22 past transactions

Enthusiast Auto Holdings

Acquisition in 2020
Enthusiast Auto Holdings, LLC is an investment and operational company focused on the performance automotive industry. Founded in 1962 and based in Wadsworth, Ohio, the company designs, produces, and sells proprietary automotive parts and kits for various makes and models. It also offers vehicle repair services, catering to both direct consumers and professional installers. Enthusiast Auto Holdings operates as a digitally native platform, emphasizing engagement with automotive enthusiasts while supporting innovative brands within its sector.

Aspen Medical Products

Debt Financing in 2019
Aspen Medical Products, LLC is a company based in Irvine, California, specializing in the design, development, and marketing of upper and lower spinal orthotic devices. Established in 2000, it offers a range of products, including cervical collars, cervicothoracic bracing systems, pediatric collars, and various types of lumbar and thoracic braces. These products cater to healthcare providers, patients, and caregivers, focusing on acute care for severe injuries, urgent medical conditions, and post-surgical recovery. By providing effective orthopedic solutions, Aspen Medical Products aims to improve patient outcomes and enhance care practices across both domestic and international markets.

Ryan Medical Distributors

Acquisition in 2019
Ryan Medical Distributors Inc., founded in 1987 and based in Burlington, Canada, specializes in supplying and distributing medical products specifically for cardiac surgery and perfusion. The company operates as a subsidiary of Canadian Hospital Specialties Ltd. Since its inception, Ryan Medical Distributors has focused on providing essential products to support medical professionals in the field of cardiac care.

Aspen Medical Products

Acquisition in 2019
Aspen Medical Products, LLC is a company based in Irvine, California, specializing in the design, development, and marketing of upper and lower spinal orthotic devices. Established in 2000, it offers a range of products, including cervical collars, cervicothoracic bracing systems, pediatric collars, and various types of lumbar and thoracic braces. These products cater to healthcare providers, patients, and caregivers, focusing on acute care for severe injuries, urgent medical conditions, and post-surgical recovery. By providing effective orthopedic solutions, Aspen Medical Products aims to improve patient outcomes and enhance care practices across both domestic and international markets.

Rotating Machinery Services

Acquisition in 2019
Rotating Machinery Services (RMS), headquartered in Bethlehem, Pennsylvania, specializes in the engineering, repair, servicing, and upgrading of rotating machinery since its establishment in 1997. The company provides aftermarket repair, maintenance, and overhaul services for a variety of large and engineered rotating equipment, including centrifugal and axial compressors, expanders, and steam turbines. These services cater to critical industrial sectors such as oil and gas refining, steel, and chemicals, helping clients enhance the performance and longevity of their complex machinery. In 2017, RMS expanded its operations by acquiring a 64,000-square-foot repair center in Houston, Texas, and also maintains an engineering and sales office in Appleton, Wisconsin.

EVP EyeCare

Acquisition in 2018
EVP EyeCare is a provider of eye care services through an expert team of physician specialists.advanced surgical and treatment technology, and a culture of high quality patient care.

Window Nation

Acquisition in 2018
Window Nation, Inc. is a distributor of building products focused on the residential repair and replacement market in the United States. Founded in 2006 and headquartered in Fulton, Maryland, the company offers a range of products including vinyl, wood, and fiberglass windows, as well as entry doors, French doors, storm doors, sliding doors, vinyl siding, soffit systems, gutter systems, and siding accessories. In addition to product distribution, Window Nation provides installation, remodeling, and replacement services for windows, siding, and doors, aiming to deliver quality solutions to its customers. The company also operates a showroom in Boston, Massachusetts.

Groome Transportation

Acquisition in 2018
Groome Transportation, Inc. is a provider of airport-to-city shuttle transportation services in the United States. Founded in 1934 and based in Richmond, Virginia, the company offers safe and reliable intercity transport that connects regional cities to major hub airports. Its services include shared shuttles between over 100 cities and 12 airports, as well as hotel pickup and drop-off, charter services, and transportation for large groups. Groome Transportation caters to a diverse clientele, including business travelers, vacationers, students, and institutional clients such as universities and hospitals, ensuring a clean and healthy travel experience.

Chauvet & Sons

Funding Round in 2016
Chauvet & Sons is a leading developer and manufacturer of entertainment lighting products, recognized for its innovative designs and flexibility. The company operates under four distinct brands: CHAUVET® DJ, CHAUVET® Professional, ILUMINARC®, and TRUSST®. Its extensive product range includes lighting fixtures, trussing, controllers, and dynamic lighting solutions tailored for various applications, such as concerts, theaters, television, and corporate events. Chauvet serves a global market through a network of professional dealers and distributors, emphasizing its commitment to value, innovation, and performance. The company is headquartered in South Florida, with additional operations in California, Mexico, the United Kingdom, and Belgium, where it also manages technical support, quality control, and logistics. Chauvet prioritizes customer satisfaction by providing straightforward advice and comprehensive after-sale services, alongside its high-quality product offerings.

Center for Vein Restoration

Acquisition in 2016
Center for Vein Restoration is nationally recognized as the leader in the treatment of varicose and spider veins. In fact, venous insufficiency, the cause of varicose veins and spider veins, is our sole focus – we are dedicated to relieving leg pain, treating the vascular cause of severe leg wounds, and eliminating unsightly veins, allowing our patients to look better, feel better and live better.

Community Veterinary Partners

Acquisition in 2015
Community Veterinary Partners, LLC is a veterinary management company based in Philadelphia, Pennsylvania, that co-owns and manages animal hospitals primarily in the northeastern United States. Established in 2009, it focuses on relieving veterinary practices of administrative burdens by handling essential tasks such as payroll, accounting, human resources, marketing, and financial operations. This support enables veterinarians to concentrate on providing high-quality care to pets. Community Veterinary Partners aims to enhance the operational efficiency of veterinary practices, improving the work experience for both staff and pet owners. As of October 2019, the company operates as a subsidiary of Omers Pvt Equity USA Inc.

Urnex Brands

Acquisition in 2015
Urnex manufactures a portfolio of coffee machine cleaning, descaling and sanitizing products in a variety of forms – such as liquid, tablet, or powder – which are sold under the Urnex, Puro, and Full Circle brand names. Customers include coffee chains, coffee roasters, foodservice providers, machine manufacturers, and retailers. Founded in 1936, Urnex has a manufacturing facility and headquarters located west of White Plains in Elmsford, NY

Vidaris

Acquisition in 2015
Vidaris, together with its affiliates, assists real estate owners, institutions and other project stakeholders realize their goals and objectives in the areas of building envelope, energy efficiency, construction, code and specialty engineering. The group employs over 275 professionals in fifteen offices.

Weiman Products

Acquisition in 2013
Weiman Products, LLC is a manufacturer and distributor of cleaning products for consumers and healthcare providers, based in Gurnee, Illinois. Founded in 1941, the company initially gained prominence with its innovative Weiman Wood Polish, designed to preserve and protect fine wood furniture. Over the years, the Weiman brand has expanded to include a diverse range of cleaners for various surfaces, including stainless steel, granite, leather, and hardwood floors. In addition to consumer products, Weiman provides private label cleaning solutions for surgical instrument care and decontamination. The company's products are sold through distributors in the United States and internationally, as well as through online channels. Weiman is recognized for its commitment to quality, convenience, and innovation, earning the trust of homeowners, interior decorators, and restoration experts worldwide.

Canadian Hospital Specialtie

Acquisition in 2013
Canadian Hospital Specialties is a national distributor and manufacturer of medical and surgical products based in Oakville, Canada. The company specializes in a range of items including drainage catheters, bladder volume instruments, dialysis kits, biopsy trays, and vascular access kits. Their offerings support various medical fields such as endoscopy, wound management, gastrointestinal diagnosis, and bowel management. By focusing on strategic partnerships and onsite manufacturing, Canadian Hospital Specialties aims to enhance customer experience while prioritizing improved patient outcomes and safety.

101 Mobility

Acquisition in 2013
101 Mobility is a provider of mobility and accessibility solutions for both consumers and businesses. The company specializes in the sale, installation, and servicing of a variety of equipment designed to assist individuals with limited physical mobility. Its offerings include stairlifts, wheelchair ramps, automatic door openers, lift chairs, standalone rails, and platform lifts. By focusing on these products, 101 Mobility aims to enhance the quality of life for its clients, ensuring they can navigate their environments with greater ease and independence.

Barcodesinc

Acquisition in 2012
Barcodesinc provides digital data hardware and software solutions for businesses. The company’s product portfolio includes barcode scanners, mobile computing devices, identification card equipment, point-of-sale peripherals, barcode labelers, receipt printers, and consumables. With more than 70 product categories for asset management and inventory tracking, they help customers increase efficiency and reduce costs through implementing electronic information flow solutions, customized for any budget or business size. They offers individual technical account managers who collaborate with each customer to build long-term strategic solutions and result-driven relationships. Barcodesinc was founded in 1994 and is based in Chicago, Illinois, the United States. It currently operates under the Cortec Group.

Harmar

Acquisition in 2012
Harmar is a leading manufacturer of lifts and inspired by those who are mobility challenged. Harmar is driven to create products that help or enable people to go where they want, when they want, how they want. Harmar has a history of growth by evolving mobility and accessibility product lines to enrich the lives of our customers. We give people the path to independence to remain in their home, enjoy their families, and be engaged in their communities. Through innovation we are committed to help people of all ages overcome their limited physical mobility at home and away.

YETI Coolers

Acquisition in 2012
YETI Coolers are built to be indestructible and keep ice for days. Built for going toe-to-toe with hungry grizzlies. Built for the prepared. Built for better Monday morning water cooler talk. Built for the long haul. YETI Coolers are built for the wild. Wildly Stronger! Keep Ice Longer!

katena

Acquisition in 2009
Katena Products, Inc. is the largest independently owned American company dedicated exclusively to ophthalmic surgical instrumentation. Katena offers its products to over 7,000 customers in the United States and, through a global network of distributors, to customers in more than 100 countries around the world.

Hygenic

Acquisition in 2007
The Hygenic Corporation specializes in the development, manufacture, and sale of synthetic and natural latex rubber products. Founded in 1925 and based in Akron, Ohio, with an additional manufacturing facility in Ipoh, Malaysia, the company offers a diverse range of products including rubber sheeting, films, tubing, solid rubber cords, and custom rubber items. Its product line also features Thera-Band products, which are used for exercise and rehabilitation, catering to therapists, sports trainers, and home users. Hygenic's products serve various industries, including medical, dental, bakery, sports, recreation, and military applications. The company's expertise in elastomer components also extends to materials used in welding, gas and air delivery systems, and orthodontic solutions.

Fasteners for Retail

Acquisition in 2004
FFR Merchandising has the point of purchase display industry's largest inventory and widest selection of stock merchandising products – all ready to ship same day! Their products are high-quality, long-lasting display solutions you can rely on. From display fixtures, fasteners, hundreds of sign holders, product merchandisers, sign hanging hardware, shelf management and thousands more retail display products. And if you don’t see the product you need, they can provide you with a custom display or merchandising solution. Their in-house experts have decades of experience in planning, designing and delivering exactly what you need.
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