September 12, 2022
PCX Aerosystems (“PCX”), a market-leading producer of advanced mechanical systems for the aerospace industry, today announced the September 2, 2022 acquisition of NuSpace, Inc. (“NuSpace”) from Cornerstone Capital Holdings and members of the NuSpace leadership team.
August 1, 2022
Walbar Engine Components (“Walbar”), a portfolio company of Cornerstone Capital Holdings (“Cornerstone”) has acquired the Guaymas, Mexico manufacturing facility of Chromalloy, a division of Carlyle (NASDAQ:CG) portfolio company Sequa Corporation.
June 1, 2022
Cornerstone Capital Holdings has fully-exited its original investment in IR Engraving (“IR”). Cornerstone originally acquired IR in 2016 from Standex (NYSE:SXI) and worked with management to improve both operations and financial performance.
July 1, 2021
Cornerstone Capital Holdings (“Cornerstone”) acquired Integrated Technologies, Inc. (“Intec”) from LMI Aerospace, Inc., a division of Sonaca Group.
September 21, 2020
The Arotech Corporation announced today that its Advanced Electronics Division (AED) acquired UST-Aldetec, a privately held corporation with sites in Fair Lawn, NJ, Sacramento, CA, and Reno, NV.
March 2, 2020
TriMas today announced that it has closed the acquisition of RSA Engineered Products (RSA), a provider of highly-engineered and proprietary components.
May 1, 2019
On May 1, 2019, Cornerstone Capital Holdings acquired Powers Equipment Company (“Powers”), a leading manufacturer of commercial refrigeration equipment.
February 15, 2019
On February 15, 2019, Cornerstone Capital Holdings (“Cornerstone”) acquired N2 Imaging Systems (“N2”) from Collins Aerospace, a unit of United Technologies Corporation (NYSE:UTX).
February 14, 2019
Cornerstone Capital Holdings has added industry-veteran Tim Martin to its organization as an Executive Advisor and Board Member.
January 10, 2019
Cornerstone Capital Holdings acquired AeroGen-TEK (formerly called MECO) from Doncasters Group LTD, a UK-based manufacturer of aerospace and power generation components and assemblies…
December 29, 2017
United States Technologies-Aldetec Holding Company (“UST-Aldetec”), a portfolio company of Cornerstone Capital Holdings, announced today its asset purchase of Pioneer Magnetics Inc (“PMI”), a Santa Monica-based company that specializes in…
October 2, 2017
IR Engraving LLC, a portfolio company of Cornerstone Capital Holdings, today announced that it has acquired certain assets, intellectual property, and current orders of the Decorative Technologies Division of Rotation Dynamics Corporation…
August 11, 2017
Sierra Peaks closed a deal to purchase Mechtronic Solutions Inc. from Cornerstone Capital Holdings, based outside New Mexico, about two weeks ago, ending seven months of negotiations…
December 1, 2016
United States Technologies, Inc. (“UST”), a portfolio company of Cornerstone Capital Holdings, announced today its purchase of Aldetec, Inc. (“Aldetec”), a Sacramento, California based company that specializes in the design, engineering, development, testing…
September 12, 2016
On September 9, 2016, Cornerstone Capital Holdings acquired Walbar Engine Components (www.walbaraero.com) from UTC Aerospace Systems, a division of United Technologies (NYSE:UTX). Walbar is a leading manufacturer of hot section blades…
July 8, 2016
On July 1, 2016, Cornerstone Capital Holdings acquired IR Engraving (“IR”) from Standex Corporation (NYSE:SXI). IR Engraving is a world-leading manufacturer of engraved rolls and plates, gravure rolls and custom machinery for a variety of industrial…
July 20, 2015
United States Technologies, Inc. (“UST”), a portfolio company of Cornerstone Capital Holdings, announced today its purchase of Broadband Wireless, LLC (“Broadband”), a Reno, Nevada based company that specializes in the design, development…
April 20, 2015
On April 15, 2015, Cornerstone Capital Holdings acquired Mechtronic Solutions, Inc. (“MSI”), a division of National Technical Systems (“NTS”). MSI (www.msiabq.com) has established itself as a trusted supplier of custom, automated test systems and payload pods…
September 8, 2014
ProMach, Inc. announced today it has acquired Pace Packaging, a leading global manufacturer of automated bottle unscramblers and orientors based in Fairfield, New Jersey.