Cleveland, OH  Carleton McKenna & Co, LLC served as the exclusive buy-side representative for Cornerstone Industrial Group, LLC in its acquisition of Construction Laser, LLC.

Construction Laser is a leading Southeastern construction technology dealer of GPS and GNSS construction machine controls, survey equipment, high-definition scanners and other technology-driven construction equipment. Construction Laser offers a solutions-based approach to implementing emerging technology in a fast-paced environment. They are the no. 1 dealer of Leica Geosystems in the United States and Mexico, setting the industry standard for sales, installation, service, training and marketing.

“Carleton McKenna provided timely and thorough help both leading up to LOI and during the due diligence process,” said Michael Adams, Founder of Cornerstone Industrial Group. “Their professionalism and insightful approach were invaluable getting to a closing with a mutually beneficial transaction structure.”

In combination with Cornerstone’s highly specialized financial and operational strategies, Construction Laser’s distribution, technical support and training services will maximize the growth potential following continued expansion of exclusive Leica Geosystem machine control territories. Cornerstone is dedicated to partnering with high-quality niche manufacturers, distributors and service providers to create value for the company’s employees, managers, partners and shareholders.