Clearwater Equity Group is a Minneapolis-based holding company that invests in profitable, lower middle-market businesses in partnership with management.
We work closely with each of our companies to ensure that they have the capital and human resources necessary to realize long-term growth in revenue, earnings, and market share.
Clearwater does not manage any outside capital. This enables us to hold our investments for the very long term, which allows our companies to optimize their growth and success.
Devoted to Long-Term Success
Steve founded Clearwater Equity Group in 1997 after twenty years of making private equity and debt investments. He founded Clearwater because of his desire to make long-term investments in profitable small businesses in partnership with management teams and other investors.
Steve has retired from serving on the Boards of all portfolio companies and has been succeeded by Brian Sefton. Steve remains involved in strategic planning for CEG and serves on the Investment Committee which reviews/approves prospective new investments.
Education: Bachelor’s of Business Administration – Finance, University of Notre Dame