Steve is Founder and Managing Partner of Transact Capital Partners LLC and Transact Capital Securities LLC, a licensed broker-dealer & FINRA/SIPC member firm. He has over 40 years of financial related experience, including lead roles in numerous acquisition and divestiture transactions, debt financings, compensation programs and capital funding.
Steve’s early career began as a certified public accountant serving as senior auditor in the Richmond office of Ernst & Young. From 1993 to 2000 Steve served as corporate treasurer of Media General, Inc., a publicly traded media conglomerate where his responsibilities included debt and treasury operations, corporate budgeting, strategic planning and growth initiatives. During this period, he led the corporate valuation and due diligence teams in acquiring over a dozen media and related enterprises totaling well over $1 billion. He structured several private placements, public debt offerings and bank credit facilities. As corporate treasure, he consolidated corporate debt and acquisition funding into a $1.2 billion borrowing facility which he syndicated among thirty-five banks based throughout North America, Europe and Asia.
In 2001 Steve set up a private practice, which later became Transact Capital Partners, a business brokerage and financial advisory firm. Since that time, the firm has grown into a leading M&A and investment banking firm serving the lower and middle markets.
Steve has served on several public boards, including TheStreet, Inc. (NASDAQ: TST), Stock Group Media Vancouver) and CreditCards.com. Board roles include chairing the audit and compensation committees along with special advisory roles in M&A activities. He is a past board director for Hoovers, Inc., a publicly-traded business information company, in which he assisted the company in launching a successful IPO in 1999, chaired the audit committee, and with the full Board worked with S. G. Cowan to sell Hoovers, Inc.to Dun & Bradstreet in March 2003.
Steve is a Richmond VA native, holds a B.S. degree from the University of Virginia with concentrations in accounting and finance. He is a past board director for the Richmond chapter of the Association of Corporate Growth. Steve also holds a Series 79 and 63 license with FINRA.
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