Cornerstone Capital Group | Trade Services Acquisition Platform

Discipline   Partnership   Results

Our mission is to deliver principled, transparent business transitions that protect your legacy, support your people, and sustain the values that have made your company a trusted cornerstone of the community.

Acquisition Strategy

Cornerstone Capital Group focuses on disciplined acquisition of profitable, cash-flowing trade service businesses with clear operational improvement pathways.

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Primary Focus

Established service businesses with sticky customer relationships and recurring revenue models.

  • Plumbing, electrical, HVAC
  • General contracting & repairs
  • Specialized trade services
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Complementary Services

Adjacent sectors with similar operator profiles and scalable infrastructure.

  • Service platforms & marketplaces
  • Technical services
  • Recurring revenue models
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Platform Building

Acquisition-led consolidation creating defensible platforms and add-on synergies.

  • Regional operators
  • Bolt-on acquisitions
  • Multi-unit expansion

Value Creation Framework

Sales & Marketing

Institutional sales infrastructure, digital presence, and customer acquisition systems.

Operational Modernization

Technology integration, process optimization, and management systems.

Team & Culture

Talent retention, career development, and accountability structures.

Long-Term Ownership

Hold strategy focused on cash flow generation and sustainable growth.

Target Portfolio

Cornerstone Capital Group builds diversified portfolios through disciplined acquisition and operational excellence.

Plumbing Services

Focus: Residential & commercial plumbing operations

Appeal: Recurring maintenance, strong margins, sticky customers

Opportunity: Operational modernization and market expansion

HVAC Services

Focus: Heating, ventilation, and air conditioning contractors

Appeal: Essential services, seasonal predictability, high demand

Opportunity: Systems upgrade and efficiency-driven growth

Electrical Services

Focus: Residential and commercial electrical contractors

Appeal: Steady demand, technical expertise, customer loyalty

Opportunity: Technology integration and service expansion

Leadership

Cornerstone Capital Group is led by experienced operators with deep expertise in acquisition, operations, and sustainable growth.

Chuck Wavrunek

Chuck Wavrunek

Co-Founder & Operator

Chuck Wavrunek is a Minnesota-based operator, sales leader, and growth-focused partner with a track record of building markets, developing teams, and driving disciplined revenue expansion. Alongside Keith Dickhudt, Chuck helped scale an inherited territory from $700,000 to $9.4 million by combining consistent outreach, strong customer relationships, and a practical, execution-first approach to growth.

Chuck's leadership style is rooted in accountability, trust, and momentum. He has spent his career helping organizations move from potential to performance by creating clear expectations, improving sales execution, and building relationships that last beyond the initial transaction. His experience across high-growth sales environments has shaped a hands-on operating mindset centered on process, people, and measurable outcomes.

At First Arriving, Chuck and Keith helped turn an inbound-focused organization into a proactive outbound sales engine, contributing to annual recurring revenue growth of more than 65%. Their partnership has been defined by complementary strengths: Chuck brings energy, relationship-building, and market development, while Keith brings sales process, coaching, and organizational discipline. Together, they have repeatedly helped teams expand customer acquisition, improve execution, and build stronger commercial systems.

Chuck is drawn to trades businesses because they are essential to local communities and built on years of trust, craftsmanship, and reputation. His goal is to honor what an owner has built while supporting employees, strengthening customer relationships, and introducing thoughtful improvements that help the business grow sustainably.

Chuck has been married to his wife, Breana, for 20 years. Together, they are raising three children—Kaden, Jett, and Harper—and reside in Lakeville, Minnesota.

Keith Dickhudt

Keith Dickhudt

Co-Founder & Operator

Keith Dickhudt is a Minnesota-based operator and sales leader actively acquiring small trades businesses through Cornerstone Capital. He's drawn to businesses like yours because they represent something real: trusted names built on years of hard work, customer relationships, and community impact.

Respect for Your Legacy
Keith's approach is not to strip the business for short-term gains. He's committed to supporting your employees, maintaining customer trust, and respecting what you've built. His goal is to be a hands-on owner who understands why your business matters to your community.

Operational Expertise & Growth
At Snap! Raise, Keith and partner Chuck grew a $700K operation into a $4.4M business in three years through better systems, disciplined prospecting, and customer focus. He's done this by respecting what was working and thoughtfully improving what wasn't. That same methodology translates to your business.

Team & Culture Leadership
As a Division I coach for seven years, Keith learned how to develop people, communicate standards clearly, and build cultures where people want to stay. Your team matters to him, and he invests in people who invest in their work.

After six years in fast-paced SaaS sales, Keith is looking to build something more permanent—a business that supports his family and contributes meaningfully to its community. He's not interested in quick flips or absentee ownership. He wants to own a business he can run, improve, and pass along to his family as a legacy.

Our Mission

Discipline. Partnership. Results.

We deliver principled, transparent business transitions that protect your legacy, support your people, and sustain the values that have made your company a trusted cornerstone of the community.

Frequently Asked Questions

What types of businesses do you target? +
We focus on established, profitable trade service businesses with proven customer bases, strong management, and clear operational improvement pathways. Our focus is on companies with recurring revenue, sticky relationships, and management infrastructure in place.
Can I stay involved post-acquisition? +
We work with each founder to create a sustainable transition plan that fits their goals. Options include staying on as operator, transitioning to advisory role, or a clean exit. Our approach prioritizes founder alignment and operational continuity.
How is valuation determined? +
We use industry-standard EBITDA/SDE multiples aligned to sector benchmarks and adjusted for quality, growth trajectory, team strength, and customer durability. Each acquisition is unique and priced fairly based on comprehensive diligence.
What's the acquisition timeline? +
Initial conversation to LOI: 3–5 weeks. Comprehensive diligence to closing: 6–8 weeks. Total typical process: 90–120 days. We maintain professional timelines throughout.
What happens to staff and customers? +
Staff transitions smoothly with fair compensation and professional management. Customers are notified of leadership change and continuity is maintained. We invest in people and systems, and key employees see advancement opportunities within the broader platform.
What's your long-term ownership strategy? +
We target long-term holds. Reinvest profits into operations, add-on acquisitions, and team development. When we exit, we prioritize what's best for long-term business value—whether that's continued ownership, strategic sale, or expansion as a platform.

Get In Touch

If you're evaluating a business acquisition or seeking an operational partnership, let's discuss how Cornerstone Capital Group can add value.

For Business Sellers

Submit your business information for confidential evaluation.

[email protected]

For Lenders & Partners

Discuss capital partnerships and lending opportunities.

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