Greg Steve has joined Huron Capital Partners as a Pittsburgh-based principal. He previously was a managing director and regional manager with National City Business Credit.
Huron Capital Partners LLC announced today that Greg Steve has joined the firm as a Principal and will significantly expand the firm’s growth and late-stage investment activities in Pennsylvania, Ohio, New Jersey and New York from Huron’s Pittsburgh-based office.
With over 20 years of experience in the financial sector working with middle-market businesses across a variety of industries, Mr. Steve will be responsible for driving the firm’s Pittsburgh office efforts to originate, complete and manage investment opportunities in the region. Huron is an operations-oriented equity investor primarily focused on creating business platforms which can be significantly grown organically and through add-on business acquisitions.
Michael R. Beauregard, a Partner at Huron, stated, “We are thrilled that Greg is able to join us. Greg is one of the most respected and visible finance professionals in the Pittsburgh marketplace and Pennsylvania in general. His many contacts and relationships with middle market companies and financial intermediaries complement our existing relationships exceptionally well.” Mr. Steve added, “I have known and worked with the team at Huron for many years. The firm is well positioned as a unique equity firm and is one of the most active platform builders in the lower-end of the middle market. I am looking forward to accelerating the firm’s investment and acquisition activities in the region.”
Prior to Huron, Greg was a Managing Director and Regional Manager at National City Business Credit. Mr. Steve has also held senior level positions with PNC Bank where he was a Senior Vice President and Market Manager in their asset based lending group. Greg holds his B.S. in Finance and Accounting from Indiana University of Pennsylvania (IUP) and an M.B.A. in Finance from the University of Pittsburgh’s Katz Graduate School of Business. Greg serves on the Business School advisory Council at IUP and is past President for the Pittsburgh Chapter of the Association for Corporate Growth.
About Huron Capital Partners LLC
Huron Capital is a leading private equity firm investing in lower middle-market companies. The firm typically invests between $10 million and $70 million in equity to sponsor buyouts, growth initiatives, corporate spin-offs and recapitalizations of growth-oriented niche manufacturing, specialty service, and value-added distribution companies having revenues up to $200 million. Huron’s strategy is to combine its operational approach, capital and transaction experience with proven management teams who have the vision, experience and commitment to grow their businesses.
Since its founding in 1999, Huron has acquired or invested in 43 companies with aggregate revenues exceeding $900,000,000. Investments have been made in a variety of areas, including print solutions & document management, education, healthcare products & services, specialty chemicals, specialty packaging, consumer products, home decor, passenger transportation services, building products, office furniture components and laboratory testing. Huron Capital currently manages over $600 million in committed equity through three private equity funds, and has consistently generated top-quartile returns for its limited partners. For more information, please visit us at www.huroncapital.com.