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Cornell Companies

Full company profile

uuid000ixsp

Namestring
Cornell Companies
Company typeenum
Private
Founded yearint
1973
Short descriptiontext

Cornell Companies is a Houston, United States-based provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies, and its domain is currently parked and inactive.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
correctional services, government outsourcing, treatment programs, educational services, prison management
Industry1 code
PRIMARYBPAKANAI
Correctional Food, Commissary & Inmate Services (Managed Services)
Business & Public Services/Security & Investigations Services/Corrections, Detention & Prisoner Transport Services
NAICS code2 codes
  • Specialty (except Psychiatric and Substance Abuse) Hospitals6223
  • Vocational Rehabilitation Services62431
SIC code1 code
  • Services-Specialty Outpatient Facilities, Nec8093
Product category
Correctional Services
Social media profiles1 record
Cost components2 values
Personnel, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Cornell Companies is a provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies. The company delivered specialized services in correctional facility operations, inmate treatment programs, and educational offerings to government clients. No additional details are available because the company's website is currently parked and inactive.

Differentiator
Functional benefit
Problem solved
No data
Peers10 records
TypeDirect peer
Description

Largest US private corrections operator, running federal and state detention and correctional facilities. Same direct buyer (federal/state agencies) and same core outsourced-corrections service line as Cornell Companies.

TypeDirect peer
Description

Major private corrections and detention operator with overlapping federal/state customer base and diversified treatment/rehabilitation service lines. GEO Group historically acquired Cornell Companies, confirming direct comparability.

TypeDirect peer
Description

Privately held operator of correctional and detention facilities plus education and training programs for inmates. Same three-pillar model (corrections + treatment + education) sold to government buyers.

TypeRegional player
Description

Privately held operator of state correctional and detention facilities, primarily across the US South. Comparable outsourced-corrections model with overlapping state-level customer base.

TypeBroad incumbent
Description

Division of Aramark providing food, commissary, and inmate support services inside correctional facilities. Direct match to the correctional-food/commissary managed-services category and a buyer of the same government customers.

TypeDirect peer
Description

Specialized provider of food-service and commissary management to correctional and detention facilities. Operates in the same managed-services niche within corrections that Cornell addressed.

TypeDirect peer
Description

Largest US provider of medical and behavioral health services inside correctional and detention facilities. Directly comparable to Cornell's treatment-services pillar and serves the same government buyer segment.

TypeDirect peer
Description

Provider of correctional healthcare and behavioral health services to state departments of corrections. Direct overlap with the treatment pillar of Cornell's offering and the same state-government buyer profile.

TypeDirect peer
Description

Correctional healthcare services provider operating in prisons and jails across the US. Overlaps with Cornell's treatment services business and contracts with the same federal/state corrections agencies.

TypeEmerging player
Description

Smaller private operator of community corrections and residential reentry facilities. Adjacent to Cornell's corrections pillar with comparable but narrower service scope.

Market position
Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Cornell Companies

Correctional Servicescornellcompanies.com

Cornell Companies is a Houston, United States-based provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies, and its domain is currently parked and inactive.

Cornell Companies firmographics

Firmographics
Name
Cornell Companies
Website
https://cornellcompanies.com
Company type
Private
Founded year
1973
Operating status
Closed
Headcount range
1,001–5,000 employees
Short description
Cornell Companies is a Houston, United States-based provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies, and its domain is currently parked and inactive.
Ownership category
akta.pro rank

Cornell Companies industry classification

Industry
Product category
Correctional Services
NAICS
Specialty (except Psychiatric and Substance Abuse) Hospitals (6223), Vocational Rehabilitation Services (62431)
SIC
Services-Specialty Outpatient Facilities, Nec (8093)
akta.pro industry
PRIMARYBPAKANAI
Correctional Food, Commissary & Inmate Services (Managed Services)
Business & Public Services/Security & Investigations Services/Corrections, Detention & Prisoner Transport Services

Keywords

  • Correctional services
  • Government outsourcing
  • Treatment programs
  • Educational services
  • Prison management

Where Cornell Companies is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Markets served

Cornell Companies business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations

Cornell Companies product offering

Product offering

Core offering

Cornell Companies is a provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies. The company delivered specialized services in correctional facility operations, inmate treatment programs, and educational offerings to government clients. No additional details are available because the company's website is currently parked and inactive.

Differentiator

Problem solved

Functional benefit

Companies that use Cornell Companies

Customer profile

Ideal customer profiles1 record

Cornell Companies technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Cornell Companies competitors and assessment

Company assessment

Direct peers

  • CoreCivic: Largest US private corrections operator, running federal and state detention and correctional facilities. Same direct buyer (federal/state agencies) and same core outsourced-corrections service line as Cornell Companies.
  • GEO Group: Major private corrections and detention operator with overlapping federal/state customer base and diversified treatment/rehabilitation service lines. GEO Group historically acquired Cornell Companies, confirming direct comparability.
  • Management & Training Corporation: Privately held operator of correctional and detention facilities plus education and training programs for inmates. Same three-pillar model (corrections + treatment + education) sold to government buyers.
  • Trinity Services Group: Specialized provider of food-service and commissary management to correctional and detention facilities. Operates in the same managed-services niche within corrections that Cornell addressed.
  • Wellpath: Largest US provider of medical and behavioral health services inside correctional and detention facilities. Directly comparable to Cornell's treatment-services pillar and serves the same government buyer segment.
  • Centurion Health: Provider of correctional healthcare and behavioral health services to state departments of corrections. Direct overlap with the treatment pillar of Cornell's offering and the same state-government buyer profile.
  • YesCare (formerly Corizon Health): Correctional healthcare services provider operating in prisons and jails across the US. Overlaps with Cornell's treatment services business and contracts with the same federal/state corrections agencies.

Regional players

  • LaSalle Corrections: Privately held operator of state correctional and detention facilities, primarily across the US South. Comparable outsourced-corrections model with overlapping state-level customer base.

Broad incumbents

  • Aramark Correctional Services: Division of Aramark providing food, commissary, and inmate support services inside correctional facilities. Direct match to the correctional-food/commissary managed-services category and a buyer of the same government customers.

Emerging players

  • Emerald Correctional Management: Smaller private operator of community corrections and residential reentry facilities. Adjacent to Cornell's corrections pillar with comparable but narrower service scope.

Market position

Customer concentration

Cornell Companies social profiles

Digital presence

Cornell Companies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Cornell Companies leadership team

Management profile

Number of profiles

Cornell Companies funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Cornell Companies M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cornell Companies

What does Cornell Companies do?

Cornell Companies is a provider of corrections, treatment, and educational services outsourced by federal and state governmental agencies. The company delivered specialized services in correctional facility operations, inmate treatment programs, and educational offerings to government clients. No additional details are available because the company's website is currently parked and inactive.

Is Cornell Companies a public or private company?

Cornell Companies is a private company. It is classified as unknown and is currently closed.

When was Cornell Companies founded?

Cornell Companies was founded in 1973. It employs 1,001 to 5,000 people.

Where is Cornell Companies based?

Cornell Companies is headquartered in Houston, United States, in the North America region.

Who are Cornell Companies's main competitors?

Direct peers on record are CoreCivic, GEO Group, Management & Training Corporation, Trinity Services Group, Wellpath, Centurion Health and YesCare (formerly Corizon Health). LaSalle Corrections is listed as a regional player. Aramark Correctional Services is listed as a broad incumbent. Emerald Correctional Management is listed as an emerging player.

Does Cornell Companies have an API?

No public API is recorded for Cornell Companies.

What industry is Cornell Companies in?

Cornell Companies's product category is Correctional Services. Its primary akta.pro industry code is BPAKANAI, Correctional Food, Commissary & Inmate Services (Managed Services). Its NAICS code is 6223 and its SIC code is 8093.

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GlobeNewswireCornell Companies, Inc. Announces Receipt of Arizona Notification Not to Renew Contract at Great Plains Correctional FacilityCornell Companies received notification from Arizona DOC not to renew its contract at the Great Plains Correctional Facility, expiring Sept. 12, 2010. The company will withdraw its prior annual financial guidance and expects to transfer inmates in 2010. It also plans to market the facility to other customers.GlobeNewswireCornell Companies, Inc. Announces Anticipated Closing Date of Merger With The GEO Group, Inc.Cornell Companies announced it anticipates closing its merger with GEO Group on August 12, 2010, subject to stockholder approval. Under the deal, Cornell shareholders could receive 1.3 GEO shares or cash equal to the greater of GEO's fair market value plus $6.00 or 1.3 GEO shares, with cash consideration calculated at $28.054 per Cornell share.GlobeNewswireCornell Companies, Inc. Sets Record Date for Stockholders Entitled to Vote on the Merger With The GEO Group Inc.Cornell Companies set a record date of July 2, 2010 for its special meeting to vote on a merger with GEO Group, making Cornell a wholly owned GEO subsidiary. The transaction is expected to close in the third quarter of 2010, subject to stockholder approval and other conditions.GlobeNewswireCornell Companies, Inc. Provides Earnings Guidance UpdateCornell Companies raised its Q2 2008 earnings guidance to $0.29-$0.34 per diluted share, up from $0.27-$0.31, citing stronger operating results. It also raised full-year guidance to $1.26-$1.33 per diluted share, up from $1.24-$1.30.GlobeNewswireCornell Companies, Inc. to Present At Avondale Partners' Inaugural Behavioral Healthcare ConferenceCornell Companies announced that Jon Swatsburg will present at Avondale Partners' inaugural Behavioral Healthcare Conference in New York City on June 12, 2008. The audio-webcast and written materials will be available on the company's website, with the webcast archived for 30 days.GlobeNewswireCornell Companies, Inc. Announces Earnings Call and Provides Update on Regional Correctional CenterCornell Companies announced it will release Q1 2008 financial results on May 9 and host a conference call. The Federal Detention Trustee published a procurement notice for its Albuquerque Regional Correctional Center, seeking a contract for a facility with at least 800 beds. The outcome and timing remain uncertain.GlobeNewswireCornell Companies, Inc. to Present At Avondale Partners' 'The Future of Prison Services and Privatization' ConferenceCornell Companies CEO James E. Hyman will present at Avondale Partners' conference on Nov 13, 2007, in New York City. The audio-webcast and written materials will be available on the company's website, archived for 30 days. Cornell operates 75 facilities across 15 states with a capacity of 18,465.GlobeNewswireCornell Companies, Inc. Updates Earnings GuidanceCornell Companies confirmed Q3 2007 earnings guidance of $0.14-$0.17 per diluted share and revised Q4 guidance downward by $0.06 per share. The reduction stems from a slower inmate ramp at Great Plains and higher staffing costs at RCC, with the ramp expected complete by mid-December.GlobeNewswireCornell Companies, Inc. Completes RefinancingCornell Companies amended its senior secured credit facility to $100 million, expandable to $150 million, replacing a $60 million facility. The facility, led by J.P. Morgan Securities, funds development of projects announced in 2007. The company expects these projects to drive growth into 2009 and beyond.GlobeNewswireSecurities Sleuth Sees "Disconcerting Aspects" in Recent Cornell Cos. AnnouncementsThe Securities Sleuth reviewed Cornell Companies' recent announcements and found inconsistencies with SEC filings regarding a secondary offering. The company's board formed a special committee to address concerns about transactions from August and September of the prior year. The Sleuth warns the committee has significant work ahead.