Marriott & Co. Serves as Exclusive Financial Advisor to The Corsi Group
Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to The Corsi Group, Inc. (“Corsi” or the “Company”) in its sale to an entity led by Mark Earl. The transaction closed on August 31, 2021. Terms of the transaction were not disclosed.
Founded in 1973 by Pat Corsi, The Corsi Group is a leading manufacturer and distributor of premium cabinets to customers across the U.S. under two brands, Greenfield Cabinetry and Siteline Cabinetry. The Company is headquartered in Indianapolis, IN with an additional manufacturing facility located in Elkins, WV.
Mark Earl is a strategic leader with deep experience in product development, strategic marketing, finance, sales and marketing, and operations. He has led companies from $20 million to $150 million in annual revenue.
“We are excited about the transaction with Mark Earl,” said Pat Corsi, Founder of The Corsi Group. “The Corsi Group represents my life’s work and it was important to find a new owner that will continue to build upon its proud history as a leading producer of the highest quality cabinetry for customers all over the U.S. I would like to thank the Marriott & Co. team for their hard work and professional guidance throughout the transaction process. Their team was absolutely integral to generating such a positive result for our company.”
Justin Marriott, Managing Director of Marriott & Co. said, “We thoroughly enjoyed working with Pat and the rest of the Corsi team. It was an honor to advise them on such an important transaction in the Company’s history.”
About The Corsi Group:
Founded in 1973 by Pat Corsi, The Corsi Group is a leading manufacturer and distributor of premium cabinets to customers across the U.S. under two brands, Greenfield Cabinetry and Siteline Cabinetry. The Company is headquartered in Indianapolis, IN with an additional manufacturing facility located in Elkins, WV. For more information, please visit www.thecorsigroup.com.
About Marriott & Co.:
Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries. The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today. By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.
Contact: Justin Marriott
Phone: (804) 344-0952
