Green Bay, WI – Cornerstone International Alliance (CIA), a global network of leading lower middle market mergers and acquisitions (M&A) and investment banking firms, proudly announces a record-breaking year in 2024, closing 187 deals totaling $1.9 billion in enterprise value.
“In 2023, we closed $1.2 billion in transactions. To continue this upward trajectory for a fourth consecutive year reflects the strength of our Alliance and its members,” said Nick Olsen, Managing Director of CIA.
Bob McCormack, Founder and Managing Partner of Murphy McCormack Capital Advisors and a founding CIA member is thrilled with the past year’s performance. “I’m incredibly proud of our partners,” McCormack said. “We’ve built a collaborative, high-performing organization that consistently delivers value to clients, teams, and referral sources.”
CIA members serve business owners with companies generating $1 million to $15+ million in EBITDA and/or $5 million to $150+ million in revenue. Services include business sales, acquisitions, and valuations. Since its inception in 2018, the Alliance has grown to 33 member firms across four continents, offering global reach, deep industry expertise, and comprehensive client support.
The Alliance recently welcomed its newest international member, PAX Corporate Finance, based in Paris, France.
“Joining CIA has been an outstanding experience,” said Laurent Mouflin, Partner at PAX. “The $1.9 billion milestone is a testament to the collaboration, insight, and dedication across the Alliance. We’re excited to build on this success in 2025 and beyond.”
With its global footprint, proven expertise, and strong collaborative culture, CIA leads in setting the standard in lower middle market M&A.
About Cornerstone International Alliance
Cornerstone International Alliance (CIA) is a global network of elite mergers and acquisitions (M&A) firms specializing in the lower middle market. The alliance comprises 33 member firms across four continents, bringing together over 1,550 years of combined M&A expertise and 4,302 in deals closed. Alliance member firms include:
- Affinity Ventures – New Mexico, USA
- Agency Brokerage Consultants – Florida, USA
- BPCA M&A Advisory – Washington, USA
- Business Acquisition & Merger Associates – North Carolina, USA
- Business Acquisitions, Ltd. – Colorado, USA
- Caber Hill Advisors – Illinois, USA
- Confederation M&A – Prince Edward Island, Canada
- Cornerstone Business Services – Wisconsin, USA
- Delta Business Advisors – Arizona, USA
- Exit Strategies Group – California, USA
- Florijnz Corporate Finance – Netherlands
- Forward Corporate Finance – United Kingdom
- Gateway Business Advisors – Florida, USA
- GM Corporate Solutions – India
- Keystone Business Advisors – California, USA
- KP Tech – Germany
- Murphy McCormack Capital Advisors – Pennsylvania, USA
- Paragon Software Advisors – Nevada, USA
- PAX Corporate Finance – France
- Portage M&A Advisory – Ontario, Canada
- Ryco Advisors – Georgia, USA
- Salida Mergers & Acquisitions – Ontario, Canada
- sbLiftOff – Virginia, USA
- Strategic M&A Advisors – Arkansas, USA
- Tennessee Valley Group – Tennessee, USA
- The NYBB Group – New York, USA
- The Woodward Co. – Michigan, USA
- Touchstone Advisors – Connecticut, USA
- True North M&A – British Columbia, Canada
- Walden Mergers & Acquisitions – Georgia, USA
- WGF Partners – Brazil
Media contacts:
Cole Buergi Nick Olsen, Managing Director
Kane Communications Group Cornerstone International Alliance
920.965.7750 ext. 103 920-436-9890
