Cortec Group
New York, NY · Founded 1984 · ~$1-10B AUM
Why it invests in the trades
New York firm founded in 1984 that made A1 Garage Door Service the eighth and final platform in Cortec Group Fund VII, a $2.1 billion fund closed in November 2019. The A1 deal was financed with senior debt from Audax Private Debt, PennantPark, Invesco Private Debt and Cliffwater — a useful, publicly named example of the private-credit syndicates funding home-services roll-ups.
Platforms in Tampa Bay (1)
A1 Garage Door Service
Frequently asked
What does Cortec Group own in Tampa Bay?
No confirmed Tampa Bay brands yet.
Is Cortec Group a private-equity firm?
Yes.
How long will Cortec Group hold these companies?
Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.
Sources Verified — primary document
- Cortec Group (2022-12-22) — press release. Founded 1984, Fund VII $2.1B closed Nov 2019, lender syndicate
Researcher notes: Reported September 2026 KKR acquisition of A1 would be Cortec's exit but is not confirmed by the parties.
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