The Courtney Group

What The Courtney Group does

The Courtney Group is a private, founder-led boutique investment banking and private equity firm headquartered in Newport Beach, California, founded in 1995 by Tom Courtney. The firm operates through two affiliated entities: The Courtney Group, LLC, a FINRA-registered broker-dealer providing investment banking advisory services, and The Courtney Group, Incorporated, which makes principal private equity investments. Services include mergers and acquisitions advisory, capital raising, buyouts, recapitalizations, and growth financing for middle-market companies typically generating $5 million to $500 million in revenue, with private equity equity investments ranging from $1 million to $200 million per transaction. Target industries span consumer products, specialty chemicals, healthcare and medical technology, financial services, niche manufacturing, and technology.

The firm pursues a relationship-driven, senior-led go-to-market model in which the seven managing directors personally originate and execute deals from a distributed US footprint (Newport Beach, Phoenix, New York, Baltimore, San Francisco, Denver, San Diego, and Oklahoma City). Its $150 million initial private equity capital pool raised in 1999 from a single investor has been deployed across 22 portfolio investments, while the investment banking practice has completed more than 60 transactions including the $315.3 million FNB Bancorp sale to TriCo Bancshares. Recent platform investments include Tenacore (medical device repair, 2020), Peninsulators (commercial window coverings, 2020), Flojos (sandal brand, 2017), Santier (engineered microelectronics components, 2012), and BasTech (specialty chemicals, 2007, with revenues growing from $13M to $50M under ownership).

The Courtney Group does not offer a software or technology platform; its value proposition rests on senior-level attention, independence from product-driven conflicts of interest, a long ownership horizon (up to 20 years for PE holdings), and a co-investor ecosystem spanning 11+ financial partners including Pegasus Capital Group, Edgewater Funds, Lake Country Capital, Centerfield Capital Partners, Madison Investment Partners, Emigrant Capital, Medley Capital, Red Diamond Capital, Cave Creek Capital, Charter Oak Partners, and Transition Capital Partners. Pricing is not publicly disclosed; advisory and PE economics are negotiated transaction-by-transaction.

Name

The Courtney Group

Legal name

The Courtney Group

Website

https://thecourtneygroup.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

The Courtney Group is a private, founder-led boutique investment bank and private equity firm providing M&A advisory, capital raising, and principal investing for middle-market companies in consumer, chemicals, healthcare, financial services, manufacturing, and technology verticals across the United States.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Financial Investment Activities (523999), Miscellaneous Intermediation (523910)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Services-Management Consulting Services (8742)

akta.pro primary industry

Valuation & Purchase Price Allocation (Deal Valuation) (BPAHAOAK)

akta.pro secondary industry

Lower Middle-Market Business Brokerage (FSAEAIAB)

Keywords

• Investment banking services
• Private equity investments
• Mergers and acquisitions advisory
• Capital raising services
• Middle market advisory

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Banking Advisory: Fees from advising clients on mergers and acquisitions, capital raising, buyouts, acquisitions, and recapitalizations. Services are provided through The Courtney Group, LLC, a registered broker-dealer member FINRA and SIPC.
2. Private Equity Returns: Returns on equity investments made from The Courtney Group's own capital in portfolio companies. The firm has made 22 private equity investments since 1999, typically seeking control equity investments in companies with $10-500M revenues.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Courtney Group provides two distinct services to U.S. middle-market companies: (1) Investment Banking advisory — M&A sell-side and buy-side representation, capital raising (debt and equity), recapitalizations, buyouts, and strategic transaction advice — delivered through The Courtney Group, LLC, a FINRA/SIPC registered broker-dealer; and (2) Private Equity investing — control and non-control equity investments from the firm's own capital, typically $1M–$200M per transaction, in companies with $10M–$500M revenues and $2M–$50M pre-tax earnings, with a long-term ownership horizon of up to 20 years, executed through The Courtney Group, Incorporated.

Product overview

The Courtney Group is a boutique investment banking and private equity firm that offers two primary service lines rather than a technology product platform. Their Private Equity service makes control and non-control equity investments in middle-market companies with revenues of $10 million to $500 million and pre-tax earnings of $2 million to $50 million, with equity investments ranging from $1 million to $200 million. Their Investment Banking service provides M&A advisory, capital raising, and strategic transaction services for middle-market companies in consumer, chemical, healthcare, financial services, manufacturing, and technology sectors. The firm does not offer a software product or platform with modules; rather, it delivers advisory services and makes principal investments through its affiliated entities The Courtney Group, Incorporated (private equity) and The Courtney Group, LLC (broker-dealer/investment banking).

Differentiator

Problem solved

Functional benefit

Brands

• Flojos: A California-based maker of sandals and footwear acquired by The Courtney Group in 2017. Founded in the early 1970s by the Santana Family in Guadalajara, Mexico.

Products and services

• Private Equity Investments Control and non-control private equity investments from The Courtney Group's own capital into U.S. middle-market companies with $10M–$500M in revenues and $2M–$50M in pre-tax earnings, via The Courtney Group, Incorporated. 22 investments completed since 1999 (e.g., BasTech, Flojos, Peninsulators, Tenacore, SANTIER/Plansee TMS).
• Investment Banking Advisory (M&A and Capital Raising) Mergers & acquisitions advisory (sell-side and buy-side), capital raising (debt and equity), recapitalizations, buyouts, valuations, and strategic transaction services for U.S. middle-market companies in consumer, chemical, healthcare & med tech, financial services, manufacturing, and technology sectors, delivered via The Courtney Group, LLC (FINRA/SIPC registered broker-dealer). Includes landmark engagements such as advising FNB Bancorp on its sale to TriCo Bancshares for ~$315.3M and Health Essentials on its sale to SV Life Sciences and Bessemer Venture Partners.

Quantifiable outcome

• Bastech revenues grew from $13 million to $50 million since 2007 acquisition
• +2 more outcomes

Named customers11 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators15 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Centre Partners: Middle-market private equity firm focused on control investments in consumer, industrial and healthcare companies, serving an overlapping lower middle-market customer base with The Courtney Group.
• Madison Investment Partners: Private equity firm co-investing with The Courtney Group in management buyouts and recapitalizations, with similar middle-market focus and investment sizes.
• Lincoln International: Global mid-market M&A advisory firm specializing in transactions between $50M and $1B, directly competing for middle-market mandates similar to The Courtney Group's investment banking practice.
• Cascadia Capital: Middle-market M&A advisory firm based in the US focused on transactions across consumer, industrial, healthcare and technology sectors, comparable in size and approach to The Courtney Group.
• Hammond Hanlon Camp: Boutique investment bank focused on middle-market M&A advisory across financial services and other sectors, serving a similar middle-market client base with senior-led engagement.
• The Edgewater Funds: Middle-market private equity firm that has co-invested with The Courtney Group on American Piping Products, focused on similar enterprise values and operating-partner-driven value creation.
• Sterling Partners: Private equity firm making control and growth investments in middle-market companies with revenues $50M-$1B; comparable to The Courtney Group's PE practice, especially given Alan Macksey's prior tenure there.
• Charter Oak Partners: Private equity firm investing in manufacturing and service middle-market companies with strong management teams, directly comparable to The Courtney Group's PE investments.

Broad incumbents

• Houlihan Lokey: Larger international investment bank with significant M&A advisory business in the middle market; competes for similar advisory mandates but with broader geographic coverage and more resources than a boutique like The Courtney Group.
• Greenhill & Co. Independent global M&A advisory firm; broader incumbent with similar investment banking focus on middle-market and larger transactions, competing for the upper end of The Courtney Group's target market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-courtney-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about The Courtney Group