Continuim and MindCore Technologies Launch a Powerful Partnership
Pittsburgh, PA // December 2025
Continuim Equity Partners (“Continuim”, “CEP”, or the “Firm”) is pleased to announce its recent partnership with the leadership team and dedicated employees of MindCore Technologies, Inc. (“MindCore” or the “Company”). The acquisition serves as Continuim’s third platform investment within Continuim Equity Partners Fund II, LP (“Fund II”), along with CEP’s second investment within its Power Generation, Transmission, and Distribution investment thesis.
Founded in 2008 by Mr. Philippe Corriveau, MindCore designs and manufactures a targeted lineup of high-voltage and extra-high-voltage switching solutions for a tenured set of blue-chip electric utility customers. MindCore has a critical role in upgrading the electrical power transmission grid to meet the rapidly growing demand for power and to ensure the safe, reliable flow of electricity across North America.
MindCore’s product portfolio features mission-critical solutions that include vertical break switches (up to 800kV), double break switches (up to 500kV), center break switches (up to 345kV), hookstick and grounding switches, control and monitoring solutions, along with circuit switchers and replacement parts. The Company has served as a reliable supplier for several of the largest utilities in North America, earning its reputation as a provider of premium, highly-engineered switching solutions that are durable, reliable, and easy to install on-site. MindCore’s total cost of ownership (“TCO”) approach also helps to reduce switch maintenance and replacement requirements, creating additional value for leading utilities while enhancing safety and dependability within substations and power transmission infrastructure.
Continuim was drawn to MindCore’s commitment to product quality and innovation, customer service, and the Company’s impressive growth trajectory and financial profile. In addition, there is clear alignment with Mr. Corriveau and MindCore’s talented management team, including Mr. Jocelyn Ouellet (COO), Mr. Patrick Lalongé (CTO), and Ms. Marie-France Talbot (CFO), each of whom will remain active shareholders alongside Continuim. The Firm plans to utilize its operational playbook, the Efficiency Driven Growth Engine (“EDGE”), to further increase manufacturing capacity at MindCore’s headquarters and to ultimately launch a new production facility in the United States to serve new and existing customers.
George Pilafas, Managing Partner of Continuim, stated, “MindCore is a premier supplier to the electrical power transmission industry, and we are thrilled to help further accelerate the Company’s growth. In collaboration with MindCore’s talented leadership team, we will focus on expanding production capacity, opening a new manufacturing facility in the U.S., and adding complementary product offerings to continue supporting and growing with the Company’s loyal base of blue-chip utility customers. Given the Company’s commitment to R&D and providing high-quality, differentiated products that are supported by a strong level of customer service and an emphasis on TCO, we believe our partnership with MindCore will result in significant long-term value creation for all stakeholders.”
Philippe Corriveau, CEO of MindCore, said, “Our original intention was not to sell, but when you have the chance to meet true partners that share the same set of values, it becomes a natural fit. George and his entire team at Continuim are what they say they are: great people, extremely dynamic, and value-added for our business going forward. MindCore Technologies is now ready to accelerate its flywheel and become the number one high-voltage switching equipment manufacturer in the market.”
About Continuim Equity Partners
Continuim is a Pittsburgh-based private equity fund that focuses exclusively on acquiring and accelerating the growth of successful manufacturing and industrial businesses.
We bring a proven Operational Playbook, committed capital, and a talented team of industrial operators to help transform manufacturing and industrial companies. Our name is derived from what we consider most important to the growth of industrial businesses — Continuous Improvement.
Please visit www.continuim.com to learn more about our Investment Criteria or Contact Us directly to discuss the acquisition of MindCore, our Power Generation, Transmission and Distribution thesis, or to share other successful manufacturing opportunities that could be a fit for our mandate.
Members of the Portfolio Operations Team are employed or retained by Continuim and certain amounts paid to or received by members of the Portfolio Operations team may be paid by one or more Continuim-sponsored vehicles, portfolio companies or prospective portfolio companies and, in any such case, such amounts will not offset or otherwise reduce any management fee received by Continuim.