Los Angeles, CA – Corridor Capital is pleased to announce the addition of Tommy Lee and Michael Liu, both as Senior Associates on the firm’s Investment Team. Prior to joining the Corridor team, Tommy was a Senior Associate at Orangewood...
Trevose, PA and Los Angeles, CA – World Wide Land Transfer Holdings, LLC (“WWLT”), a Corridor Capital portfolio company, has acquired First Partners Abstract Co. Inc. (“First Partners Abstract” or “FPA”), in partnership with FPA founder, Stephen Wooldridge. FPA’s staff...
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Kelly Myers as Managing Director, Operations as part of the firm’s in-house Operations Team. Prior to joining the Corridor team, Kelly was an Operating Executive at Monomoy...
Iman Navi – Promotion to Managing Director, Investment Team Corridor Capital is pleased to announce the promotion of investment team member Iman Navi to Managing Director. Iman joined Corridor Capital in April 2014 and has been an active leader...
Los Angeles, CA – Corridor Capital, through its affiliated funds (collectively, “Corridor”), has successfully sold portfolio company Nationwide Property & Appraisal Services (“Nationwide” or the “Company”), a leading technology-enabled real estate appraisal management company (“AMC”), to Arcapita Group Holdings, an...
Chicago, IL - Chicago-headquartered SPM Group deepens its content development and marketing resources with the addition of health content leader GLC. Putting client goals at the forefront of its strategy, SPM Group has created a fully integrated, “through the funnel”...
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Kevin Jay as Principal on the firm’s Investment Team and Chloe Poyourow’s transition to Analyst on the Investment Team from her prior role in Business Development. Kevin...
La Grange, IL and Los Angeles, CA – In its continued pursuit to build a leading healthcare-focused, fully integrated marketing services platform, Corridor Capital portfolio company Specialty Marketing & Communications Holdings, LLC (“SPM Group,” the sole owner of SPM Marketing...
Craig Enenstein was a panelist on Marcum’s webinar “What’s Next for Private Equity?” held on Wednesday, September 8, 2021. Moderator Salman Ali, Private Equity Leader for Marcum’s Western Region and co-panelist Michel Glouchevitch, Managing Director for RLH Equity Partners, discussed...
Voorhees, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services, LLC (“Nationwide”), a portfolio company of Corridor Capital, completed its acquisition of First Choice Appraisal Management, Inc. (“FCAM”) in partnership with FCAM founder Jeff Richards and CEO Jim...
Los Angeles, CA – Corridor Capital announced today the acquisition of a controlling interest in Create & Cultivate, LLC (“C&C” or the “Company”) in a transaction valued at up to $22 million to support the Company’s strong growth trajectory and...
Los Angeles, CA – Corridor Capital announced today an investment in World Wide Land Transfer (“World Wide” or the “Company”) in partnership with management to support the Company’s strong growth trajectory and dedication to providing critical value-added services for its...
Los Angeles, CA – Corridor Capital announced today its sale of U.S. Industrial Tool & Supply Company (“USIT”) and Arvan, Inc. (“Arvan”) to Esina Holding Corporation. These transactions mark the fourth and fifth exits from the firm’s prior fund, Corridor...
Los Angeles, CA – Corridor Capital announced today an investment in CEO Warrior (“CEO Warrior” or the “Company”) in partnership with management, to support the Company’s strong growth trajectory and continued development of new value-added services for its clients. This...
Firm puts focus on tech to help boost businesses Despite its sometimes opaque and immutable image, private equity is a constantly evolving field. From its early days dominated by buyout shops looking to cut expenses at any cost to the...
Corridor Capital, LLC (“Corridor Capital”), a Los Angeles-based private equity firm, announced the final closing of Corridor Capital III (“CC III” or the “Fund”). CC III closed with total limited partner commitments of $118 million, more than a 100% increase over...
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Chloe Poyourow as Associate on the Business Development Team. Chloe will be focusing on acquisitions with independent sponsors and investment origination. Prior to joining Corridor, Chloe worked...
Craig Enenstein was a panelist on the ACG 101 and Calabasas Capital Webinar on the State of Private Equity held on Wednesday April 29, 2020. Experts discussed industries in private equity portfolios which are holding up better than others and how...
Effective immediately, Corridor has rolled out a minority structured equity strategy to offer business owners flexible, non-control capital, coupled with our transformational operational and strategic engagement. We are actively seeking new investments whether through traditional majority acquisitions or structured, minority...
Voorhees, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a portfolio company of Corridor Capital, completed its acquisition of Olde City Lending Solutions LLC (“Olde City”), in partnership with founders, Joe Cudwadie and Bill Donahue....
La Grange, IL and Los Angeles, CA – In its pursuit to build the leading healthcare-focused, fully integrated marketing services platform, Corridor Capital portfolio company Specialty Marketing & Communications Holdings, LLC (“Specialty Marketing,” the sole owner of SPM Marketing &...
Gibbsboro, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a leading national appraisal management and real estate valuation services company recently completed the acquisition of Elliott & Company Appraisers (“Elliott”). Through this partnership, Nationwide will...
Gibbsboro, NJ and Los Angeles, CA – Nationwide Property & Appraisal Services LLC (“Nationwide”), a portfolio company of Corridor Capital, continuing its strategy of growth and service capability expansion, completed the acquisitions of appraisal management and property valuation services companies...
Los Angeles, CA – Corridor Capital, in partnership with FMT Solutions (“FMT” or the “Company”), announced today an investment in FMT designed to support the Company’s expansion and continued development of integrated technology, educational content and process-driven marketing services for...
Los Angeles, CA – Corridor Capital announced today its sale of Wetmore Tool & Engineering Company to Dormer Pramet, a division of Sandvik Machining Solutions, a business area of Sandvik AB (SAND:SS). Founded in 1950 and located in Chino, California,...
Los Angeles, CA – Corridor Capital won The M&A Atlas Private Equity Deal of the Year (Small – Middle Market) for its sale of Innovative Office Products to Cathay Capital, Orix and Norwest Mezzanine Partners. “We are honored to be...
Los Angeles, CA – Consolidated Flooring, a Corridor Capital portfolio company, announced today the acquisition of Eastpointe Interiors (“Eastpointe” or the “Company”). Eastpointe, headquartered in Grand Rapids, MI, is a leading distributor and installer of floor covering products for commercial...
Los Angeles, CA – Corridor Capital, in partnership with management of SPM Marketing & Communications (“SPM” or the “Company”), announced today an investment in SPM designed to support the Company’s continued expansion and development of its specialized marketing services offerings...
Los Angeles, CA – Corridor Capital is pleased to announce the promotion to Principal of two members of its team: Iman Navi and Shaun Wright. These promotions follow the continued growth of the firm and each professional’s meaningful contribution to...
Los Angeles, CA – Corridor Capital has sold Innovative Office Products LLC (“Innovative” or the “Company”) to a buyer entity owned by Cathay Capital, Norwest Mezzanine Partners and ORIX Mezzanine & Private Equity. Innovative designs, manufactures and distributes ergonomic products...
SAN JUAN CAPISTRANO, Calif. – November 30, 2017 – Emerald Expositions Events, Inc. (NYSE:EEX) (“Emerald”), a leading U.S. business-to-business trade show and conference producer, today announced its acquisition of Connecting Point Marketing Group (“CPMG”) from lower-middle market private equity firm...
Los Angeles, CA – Corridor Capital is pleased to announce the addition of Jean-Francois Heitz as an Executive Advisor. Jean-Francois will be a valuable resource for the firm as it seeks to deliver a highly effective, scalable process for building...
Los Angeles, CA – Corridor Capital announced today an investment in Indo~European Foods, Inc. (“Indo~European” or the “Company”). For nearly 40 years, Indo~European has been a leader in providing specialty and gourmet Eastern European, Mediterranean, North African and South Asian...
Los Angeles, CA – Corridor Capital, together with the founders of Nationwide Property & Appraisal Services, LLC (“Nationwide” or the “Company”), announced today an investment in the Company in support of its rapidly growing appraisal management and lender services platform....
Los Angeles, CA – Corridor Capital, together with the management and investors of Connecting Point Marketing Group, Inc. (“Connecting Point”, “CPMG” or the “Company”), announced today an investment designed to give the Company more resources to expand their very successful...
Los Angeles, CA – Consolidated Flooring, a Corridor Capital portfolio company, announced today the acquisition of MC Flooring (“MC” or the “Company”). MC Flooring, headquartered in Shawnee Mission, KS, is the leading distributor and installer of floor covering products for...
Los Angeles, CA – Innovative Office Products, LLC (“IOP”), a portfolio company owned by Corridor Capital, has acquired Ergotech Group (“Ergotech”). Both IOP and Ergotech design, manufacture and sell mounting solutions for flat panel monitors, notebooks and tablets. Headquartered in...
Los Angeles, CA – Corridor Capital, together with Gladstone Capital Corporation (NASDAQ: GLAD) and the management of Circuitronics, Inc. (“Circuitronics” or the “Company”), announced today the December 2014 acquisition of Circuitronics. Circuitronics is an Irving, TX based provider of specialized...
Iman Navi has joined Corridor Capital as Vice President. With more than eight years of middle market principal investment and investment advisory experience, Iman will focus on acquisitions of specialty manufacturing and business services platform companies and portfolio support. Prior...
Corridor Capital hosted an evening of lively discussion around the resurgence of American manufacturing. Featured was a panel of experts from the Milken Institute, McKinsey Global Institute, Oaktree Capital Management, ARC Group Worldwide and The National Association of Manufacturers. Make...
Los Angeles, CA – Corridor Capital formed Consolidated Flooring, LLC to acquire SCI Floor Covering, Inc. ("SCI" or the “Company”) in a transaction that closed on November 26, 2013. SCI, headquartered in Southfield, MI, is the leading distributor and installer...
Los Angeles, CA – In its second transaction in as many weeks, Corridor Capital has acquired a majority interest in Innovative Office Products, LLC ("IOP" or the “Company”) in a transaction that closed on September 9, 2013. IOP, headquartered in...
Los Angeles, CA – Corridor Capital is pleased to announce the sale of Control Devices, LLC ("Control Devices" or the “Company”) to Goldner Hawn Johnson & Morrison in a transaction that closed on August 30, 2013. Control Devices, headquartered in...
“Private Equity Groups’ Pivotal Role in A&D” OC Chapter May 2, 2013 meeting Please join us on Thursday, May 2, 2013, 7:30am – 9:00am PST, when transaction-making executives from three well-known private equity groups share how savvy investors see the...
Corridor Capital is pleased to announce the addition of Shaun Wright as Director of Business Development. Shaun will be responsible for originating new investment opportunities for Corridor and helping manage the firm’s intermediary relationships. Shaun has a proven track record...
Los Angeles, CA – January 3, 2013: Corridor Capital (“Corridor”) celebrated the New Year early with the acquisition of three specialty manufacturing companies from Churchill ESOP Capital Partners on December 21, 2012. In the transaction, Corridor acquired Wetmore Tool &...
Los Angeles-based Corridor Capital, LLC (“Corridor Capital”) announced today that its portfolio company Control Devices, LLC (“Control Devices”) acquired the operating assets of KeepFlo, Inc. (“KeepFlo”). The transaction, which is Control Devices’ fourth add-on acquisition, closed on September 7, 2012....
Los Angeles, April 18, 2011 – Corridor Capital, LLC is pleased to announce that its portfolio company, Control Devices, LLC completed its third add-on acquisition with the purchase of Drain-All, Inc. The transaction closed on April 15, 2011. Terms were...
Los Angeles-based Corridor Capital, LLC is pleased to announce that its portfolio company, Control Devices, LLC acquired the operating assets of Robert Manufacturing Company, Inc. Control Devices closed the $3.55 million all-cash transaction on January 5, 2010. St. Louis-based Control...
Los Angeles, CA – We are pleased to announce that Corridor Capital, LLC portfolio company Control Devices, LLC acquired Hunter Fritz World Source Manufacturing, LLC on Wednesday, September 3, 2008. Hunter Fritz is a value-added global sourcing organization providing component...
Wetmore Tool & Engineering is a market leader in specialty cutting tools, drill bits and fasteners, serving customers with needs for high precision solutions in the aerospace, automotive and industrial markets since 1950. Wetmore manufactures both custom and standard cutting tools and related products under the HP Manufacturing, Wetmore Cutting Tools and California Associated Products brands. Wetmore was acquired in 2019 by Dormer Parmet, a division of Sandvik Machining Solutions, a business area of Sandvik AB (SAND:SS).
www.hpwetmore.com
Foundational Finance
Establish a finance and accounting organization that supports timely and accurate reporting, analysis and planning
Human Capital
Drive scalability by developing and augmenting a human capital plan with targeted external expertise
Organic Growth
Accelerate revenue through sales organization effectiveness, new channel entry and innovation
Acquisitions
Accelerate growth through acquisition strategy development, target identification and transaction execution and operations integration
Operational Infrastructure
Enhance organizations by optimizing processes, implementing systems and investing in capabilities
Craig Enenstein
Managing Partner
Craig Enenstein founded Corridor Capital, LLC in September 2005 to pursue control investments in lower middle market buyouts. Leveraging his operating and investment experience, Craig approaches investing as an active partner. Craig developed Corridor Capital to be a strategic and operational partner to the companies in which it invests and to work closely with the management and boards of directors of those companies.
Prior to launching Corridor Capital, Craig led transactions for Omninet Capital, Liberty Digital and Knowledge Universe where he completed over two dozen private equity and venture capital investments totaling over $400 million across a wide range of industries. He developed a reputation for working closely with management of the portfolio companies to assist in business strategy, mergers and acquisitions sourcing and execution, capital access and structuring, operations restructuring and business planning. Prior to joining Knowledge Universe, Craig was a strategy consultant with L.E.K. Consulting and Bain & Company.
Craig currently serves on the boards of CCT Holdco, LLC, Circuitronics EMS Holdings, LLC, Consolidated Flooring, LLC, IE Food Holdings, LLC, NPAS Holdings, LLC and Specialty Marketing & Communications Holdings, LLC. He also serves on the board of Naspers Limited, Wharton Graduate Executive Board of Directors, Wharton Private Equity and Venture Capital Association and MAKE IT IN LA. He has also served on the board of directors of AirPrime, Inc., Arrowsight, Inc., CDI Holdco, LLC, food.com, Game Show Network, LLC, IOP Holdings, LLC, MIH Holdings, Ltd., NameSafe, LLC, OpenTV, Inc. (Nasdaq: OPTV), Paramount Scaffold, Inc. TIR Systems, Limited (TSX: TIR) and TrashMasters, LLC. He served on the Wharton Alumni Executive Board of Directors for over 10 years (serving as President, Chairman and Chairman Emeritus for 7). Craig is an active member of Young Presidents’ Organization. He holds an M.B.A. from the Wharton School of Business, an M.A. in International Studies from the Lauder Institute at the University of Pennsylvania and a B.A. from the University of California at Berkeley.
SPM Marketing & Communications
SPM Marketing & Communications is a La Grange, IL based brand advisory and fully integrated marketing services platform focused on hospitals, healthcare systems and the healthcare industry. SPM’s marketing and advertising services include branding, creative services, content marketing, digital, media planning & buying and consumer insights/research. As a leading healthcare marketing firm, SPM has worked with over 300 healthcare organizations in over 40 states.
www.spmmarketing.com
Indo~European Foods
Indo~European Foods is a Glendale, CA based company which sources, develops, markets and distributes to retailers and wholesalers a broad offering of authentic Eastern European, Mediterranean, North African and South Asian spreads, preserves, condiments, appetizers, cheeses, confections, seasonings and specialty grains and rice.
www.indo-euro.com
Nationwide Property & Appraisal Services
Nationwide is a Gibbsboro, NJ based appraisal management company (“AMC”), licensed in all applicable states with existing AMC legislation and active in facilitating independent appraisals throughout the entire country. The Company specializes in the management of appraisal and property valuation services for residential and commercial property lenders, including many of the country’s largest mortgage originators and banks. Nationwide’s commitment to maintaining the highest standards of compliance, service and appraiser quality has enabled it to rapidly become the preferred partner for more than 20,000 loan officers, 400 different lending institutions and 7,500 of the most skilled independent appraisers throughout the United States.
www.onestopappraisals.com
Circuitronics
Circuitronics is an Irving, TX based provider of specialized printed circuit board (“PCB”) assembly and related electronic manufacturing services (“EMS”). The Company offers a broad set of capabilities, including rapid prototype development, complex and ruggedized PCB assembly, system assembly and test, design for manufacturing and design for testing services, and end-of-life supply chain services. The Company serves customers in several demanding industrial and energy end-markets, with a recognized specialization in high-mix, low-volume applications that have exacting quality requirements and/or complex layouts. Circuitronics has established itself as a regional leader by flexible, customized solutions for high quality products with exceptional customer service.
www.circuitronics.com
SCI Floor Covering
SCI, headquartered in Southfield, MI, is the leading distributor and installer of floor covering products for the repair, maintenance and restoration of commercial, healthcare, multi-family and insured residential properties in Michigan. Since 1980, the Company has provided customers with superior service, quality and selection at competitive prices, while serving as a valued distribution partner to the country’s leading flooring manufacturers. In 2016, through its holding company Consolidated Flooring, LLC, the company acquired MC Flooring, the market leading distributor and installer of floor covering products for the multi-family segment in Kansas City. In 2018, through its holding company Consolidated Flooring, LLC, the company acquired Eastpointe Interiors, a leading distributor and installer of floor covering products for commercial properties in Western Michigan.
commercial-carpet.net www.mcflooringkc.com
U.S. Industrial Tool & Supply Company
U.S. Industrial Tool & Supply Company offers an expansive selection of professional tools and accessories for aerospace manufacturing and other high precision industrial applications. The Company’s products include the HS Tooling brand, which is a market leader in aerospace installation, assembly and repair tools with exceptional speed, precision and power. Corridor acquired 100% of the company through the acquisition of Churchill Aerospace in 2012.
www.ustool.com
Arvan
Arvan, Inc. specializes in fabricating mechanical and electrical components for the aerospace, electronic, microwave and electrical power industries. The Company has over 50 years of experience producing components to the highest engineering standards with compression and injection transfer molding of composite materials, CNC precision machining and metal components assembly. Corridor acquired 100% of the company through the acquisition of Churchill Aerospace in 2012.
www.arvaninc.com
Connecting Point Marketing Group
Connecting Point Marketing Group (CPMG) is a producer of business-intensive Events which connect senior level executives for innovation in the food retail, hospitality, specialty retail and healthcare industries. CPMG was acquired by Emerald Expositions in 2017.
www.cpmg-llc.com
Innovative Office Products
Innovative Office Products is a leading manufacturer of ergonomic mounting solutions for monitors, notebooks, tablet PCs and control panels as well as sit-stand desks. IOP offers 5,000+ SKUs in the U.S. and internationally to a diverse base of blue chip customers. Innovative Office Products was acquired by Cathay Capital in 2017.
www.innovativeworkspaces.com
Control Devices
Control Devices, LLC is a leading manufacturer of high quality valves and nozzles serving the pressure washer, compressed air, fire safety, brake systems, calibration systems, food service, agricultural and industrial industries. Control Devices was acquired in 2013 by Goldner Hawn Johnson & Morrison.
www.cdivalve.com