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Founded in 1995, Cornerstone Equity Partners, LLC was a
multi-stage private equity investment company that
invested $25 million over a five year period and
generated a 84% internal rate of return on its
investments. Cornerstone was focused on providing
buyout, expansion, or growth capital to privately-owned
companies headquartered in the southwestern United
States. Cornerstone’s investments included:
New Century Financial Corporation
Irvine, California
Founded in 1995, New Century is a
specialty finance company engaged in subprime mortgage
banking and consumer lending. The company underwent an
initial public offering in 1997 on the Nasdaq National
Market under the trading symbol “NCEN”.
The Company grew to be the second largest
subprime-mortgage lender in the United States.
www.ncen.com
NetPro Computing, Inc.
Scottsdale, Arizona
NetPro is an IT infrastructure
company that develops and markets network utility
software programs focused on directory services for
large networks. The company was acquired by its main competitor, Quest Software, in 2008.
www.netpro.com
Quality Care Solutions, Inc
Phoenix, Arizona
Quality Care Solutions (QCSI)
develops client/server and internet-enabled software and
offers consulting services to healthcare organizations.
The company was founded in 1994 and was acquired in 2007
by California-based TriZetto Group, Inc.
www.trizetto.com
PlanMember Financial
Corporation, Inc.
Carpinteria, California
PlanMember is a diversified
retirement plan administration and investment management
firm that offers a full spectrum of retirement products
and services.
www.planmemberfinancialcorporation.com
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