(New York, NY) – Cortec Group (“Cortec”), a New York-based private equity firm which invests in entrepreneur-led and family-owned middle market specialty consumer, business-to-business, distribution and healthcare services, and products companies, is pleased to announce three recent additions to its team.

Matt Baker joined Cortec in June 2020 as a Senior Associate following his completion of an M.B.A. from The Wharton School at the University of Pennsylvania. Prior to attending business school, Matt was an Associate at Apax Partners and an Analyst in Citigroup’s Healthcare Investment Banking group. Matt graduated with a B.A. in Economics from Brown University.

Kelley Weibezahl joined Cortec in August 2020 as an Associate. Prior to joining Cortec, Kelley was an Analyst in Piper Sandler’s Healthcare Investment Banking group and an Associate in PriceWaterhouseCoopers’ acquisition due diligence group. Kelley graduated with a B.S. in Accounting and Finance from Lehigh University.

Sarah Whitney joined Cortec in August 2020 as an Associate. Prior to joining Cortec, Sarah was an Analyst at Harris Williams & Co. Sarah graduated with a B.A. in Mathematics from Vanderbilt University.

Co-President David Schnadig stated, “Matt, Kelley and Sarah bring to Cortec strong middle-market transaction fundamentals, which will support Cortec’s continuing growth. Their skill sets will enable us to more efficiently evaluate investment opportunities and serve as analytical resources for our portfolio companies.” Co-President Jeffrey Lipsitz added, “We are excited to have Matt, Kelley and Sarah join the growing Cortec family, and we look forward to their contributions to our current and future portfolio companies.”

About Cortec Group

Founded in 1984, Cortec invests in market-leading, middle-market specialty consumer, distribution, healthcare and specialty services and products businesses in partnership with owners and management teams who want to work with Cortec to drive growth and improve business fundamentals. More information about Cortec can be found at www.cortecgroup.com.

Cortec is currently investing from Cortec Group Fund VII, L.P., which closed in November 2019 at its hard cap of $2.1 billion.