Steve is Founder and Managing Partner of Transact Capital. He has over 35 years of financial related experience, including lead roles in numerous acquisition and divestiture transactions, debt financings and capital fundings.
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 $900 million media conglomerate where his responsibilities included debt and treasury operations, corporate budgeting, strategic planning and growth initiatives. During this time 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 and bank credit facilities to support this rapid growth, and led major re-engineering and process improvement initiatives to improve cash flows.
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 Richmond Va merger and acquisition advisory firm serving small to mid-market size businesses in the Mid-Atlantic and Southeast regions.
Steve served on the Board of Directors of TheStreet, Inc. (NASDAQ: TST) and Invictus Financial, Inc. (TSX: IVFZF). 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 solicit acquisition bids for the company, and successfully sold all the stock of Hoovers, Inc.to Dun & Bradstreet for over $100 million in March 2003.
Steve 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.
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