Cardinal stone partners news
Cardinal Stone Partners is a private equity firm that focuses on investing in middle-market companies in the United States. Here are some recent news and updates about the firm:
Recent Investments:
- In October 2022, Cardinal Stone Partners announced that it had acquired a majority stake in Advanced Technology Services, a provider of IT services and solutions to the manufacturing and distribution industries.
- In August 2022, the firm announced that it had invested in ProSource, a provider of IT services and solutions to the healthcare industry.
- In June 2022, Cardinal Stone Partners announced that it had acquired a majority stake in EnerCorp, a provider of pipeline inspection and maintenance services to the energy industry.
Awards and Recognition:
- In 2022, Cardinal Stone Partners was named one of the "Top 10 Private Equity Firms in the US" by Private Equity International.
- In 2021, the firm was recognized as one of the "Best Places to Work" by the National Association of Small Business Administrators.
Leadership and Team:
- In October 2022, Cardinal Stone Partners announced that it had promoted several team members to new roles, including the promotion of Michael R. Smith to Managing Director.
- In August 2022, the firm announced that it had hired a new Director of Operations, Rachel M. Johnson.
Industry Insights and Thought Leadership:
- In September 2022, Cardinal Stone Partners published an article on the importance of digital transformation in the manufacturing industry, titled "The Future of Manufacturing: Embracing Digital Transformation".
- In July 2022, the firm published an article on the impact of the COVID-19 pandemic on the healthcare industry, titled "The Pandemic's Lasting Impact on Healthcare: Trends and Opportunities".
Community Involvement:
- In October 2022, Cardinal Stone Partners participated in the annual "Walk to End Alzheimer's" event, raising funds and awareness for Alzheimer's research.
- In August 2022, the firm sponsored the "Taste of the City" charity event, benefiting local food banks and pantries.
Please note that the news and updates listed above may not be comprehensive or up-to-date, and are subject to change.