New partnership structure will help drive new connections to buyers

FOR IMMEDIATE RELEASE         December 15, 2022

(Green Bay, WI) Axial, the largest internet platform for buying, selling, advising, and financing private companies in the lower middle market, is strengthening its relationship with Cornerstone International Alliance.  The Alliance is a consortium of elite global M&A firms who compiled more than $1.1 billion in transaction value in 2021.  The partnership with Axial will allow our members access to a large database of quality buyers. Both groups look forward to the synergies each company will provide the other.

“Since first partnering with Axial in summer of 2022, the relationship has proven to be mutually beneficial,” said Nick Olsen, Alliance Managing Director. “Our members are finding great success with the expansive pool of potential buyers on the platform. Conversely, the volume and diverse types of M&A deals Alliance members offer are attracting more buyers to Axial’s platform. The addition of a dedicated service manager is a testament to the strength of this partnership.”

Axial Founder and CEO, Peter Lehrman, agrees and is enthusiastic about broadening the partnership. “The middle market is the backbone of the American economy, yet it has been hamstrung by capital inefficiencies in the ‘traditional’ M&A process,” Lehrman explained. “Axial was developed as a twenty-first century solution to streamline the process and open new doors of opportunity. The partnership with the Alliance has been a perfect fit with our platform with regards to the sheer volume and quality of businesses Alliance members bring to the platform. We’re excited to be strengthening our relationship and look forward to continued success.”

In addition, CIA is currently host to 21 active sell-side Axial member firms, many of whom are leading M&A advisors on the Axial platform. CIA members include:

  • Affinity Ventures which was ranked in Axial’s League Tables three out of four quarters in 2019
  • KeyStone Business Advisors who advised an Axial 2021 Top 20 Deal
  • Cornerstone Business Services which has been featured three times this year, twice in the Axial League Tables and once in the Industrials Top 50.

Alliance members work with business owners of firms with $500,000 to $10 million+ EBITDA or $5 million to $150 million in revenue, helping them with selling their business, growing through strategic acquisitions, and providing honest, accurate valuations.

Members of the Alliance include:

*Designates Alliance founding members

Combined, the members have completed more than 3,650 deals and have more than 1,250 years of experience in delivering successful outcomes for their clients.

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Media contacts:

Cole Buergi
Leonard & Finco Public Relations, Inc.
920.965.7750 ext. 168
cbuergi@LFpublicrelations.com

Nick Olsen, Managing Director
Cornerstone International Alliance
920-436-9890
nolsen@cornerstoneia.com