CORTEC GROUP MANAGEMENT SERVICES, LLC
CORTEC GROUP MANAGEMENT SERVICES, LLC is a Series C+ and buyout fund in the US and Canada writing $40M–$700M checks into Consumer, Healthcare and specialty-products-and-services.
- Stages
- Series C+, buyout
- Sectors
- Consumer, Healthcare, specialty-products-and-services
- Check size
- $40M–$700M
- Invests in
- US-wide, Canada
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1984
- Assets under management
- $6.63B
- Website
- cortecgroup.com
Thesis
Cortec Group Management Services, LLC, founded in 1984 and based in New York City, is a private equity firm focused on the U.S. and Canadian middle markets. With approximately $6.63 billion in AUM, the firm specializes in acquiring controlling interests in established, entrepreneur-led or family-owned businesses within the consumer, healthcare, and specialty products and services sectors. Their investment strategy targets companies with revenues between $40 million and $300 million, seeking strong fundamentals, differentiated market positions, and a history of profitability. Cortec Group acts as a value-added partner, leveraging operational expertise to drive growth and efficiency. They utilize platform acquisitions with significant EBITDA, capitalizing them with prudent leverage for growth and add-on acquisitions. Cortec Group Fund VIII, L.P., closed in February 2024 with $3.2 billion, marking their largest fund to date. The firm seeks controlling acquisitions with purchase prices generally ranging from $40 million to $700 million, focusing on companies with $10 to $50+ million of EBITDA.
Common questions
Does CORTEC GROUP MANAGEMENT SERVICES, LLC invest at the Series C+ stage?
Yes. CORTEC GROUP MANAGEMENT SERVICES, LLC lists Series C+ and buyout among the stages it invests in.
What check size does CORTEC GROUP MANAGEMENT SERVICES, LLC write?
CORTEC GROUP MANAGEMENT SERVICES, LLC writes $40M–$700M checks.
Where does CORTEC GROUP MANAGEMENT SERVICES, LLC invest?
CORTEC GROUP MANAGEMENT SERVICES, LLC invests in the US and Canada.