PITTSBURGH, Pa. – Tecum Capital (“Tecum”) is proud to announce its investment to support Hastings Equity Partners (“Hastings”) and Terra Staffing Group’s (“Terra”) acquisition of ASG Staffing, Inc. (“ASG”). Terra and ASG are US-based temporary staffing firms with an emphasis on labor and manufacturing roles that are critical to ensuring production capacity and output. As […]
Tecum Capital Partners is pleased to announce its participation again, in the Small Business Investing Scholars Program and welcomes Rachel Dzuban as our Summer Intern on our investment team. Ms. Dzuban, a rising junior at the University of Kentucky, is studying Finance & Business Analytics. Ms. Dzuban will have an opportunity to learn about the M&A and […]
Pittsburgh, Pennsylvania – Tecum Capital is excited to announce its 10th anniversary! We are grateful to all of those who have contributed to our growth and success. As we continue to grow, we remain commmited to building durable businesses through thoughtful partnership and execution, leaving a lasting impact on companies, shareholders, and communities. Tecum enters […]
Tecum Capital is proud to announce that its Co-Founder and Managing Partner, Stephen Gurgovits, Jr., was selected by the judging panel of Smart Business Pittsburgh to be a 2022 Smart 50 Award honoree. He was honored last night at the Pittsburgh Duquesne Club, and will be featured in a special editorial report in the November edition of […]
By Jon Thompson and Suzanne Rains, of Blue Margin Inc., on October 6, 2022 “If you don’t have any type of dashboarding or KPI system, it’s a major deduction on the value of your company.” – Sean Edmonson On this Expert Insight Series, we interview Sean Edmonson of Tecum Capital Partners. Since 2006, Tecum has invested close to $1B across […]
Tecum Capital was pleased to hold our 2022 CEO Summit this month in Pittsburgh, which provided an opportunity for our valued CEOs to collaborate, share, and recharge while working on business challenges with their peers and with some dynamic speakers. We had a engaging agenda that included Rocky Bleier, who delivered an incredible keynote message, “Be the […]
Tecum Capital is pleased to announce promotions of four team members. Jack Surma and Husnain Safdar have been promoted to Vice President, and Ian Frazier and Paul Oris have been promoted to Senior Associate. We are extremely proud of our team, and we are committed to developing and advancing our talent as we grow. These promotions […]
The Tecum Capital team extends a sincere thank you to our friends and partners for a great year of growth at Tecum Capital! We invested in five new platforms, eight add-on acquisitions, and successfully exited three platforms. We also announced the inception of our third fund, Tecum Capital Partners III, L.P., introduced a new website and investor […]
By Patty Tascarella – Senior Reporter, Pittsburgh Business Times Tecum Capital Management has closed its new fund at $305 million, 10% above original expectations, with 21 banks as investors, attracted by local connections and Tecum’s relationship with the SBA. Pasta sauce may have played a role in bringing some of them together. Tecum Capital Partners […]
By Patty Tascarella, Senior Reporter, Pittsburgh Business Times The U.S. Small Business Administration is on board for the new fund of one of Pittsburgh’s biggest private equity firms, meaning it will match the capital raised on a two-to-one basis. Tecum Capital Management Inc., based in Wexford, on Wednesday confirmed it has received a license from […]
PITTSBURGH, PA —Tecum Capital Management, Inc, an investment firm based in Pittsburgh, Pa., today announced it received a license from the U.S. Small Business Administration (SBA) to operate its third SBIC (Small Business Investment Company) fund and concurrently held its first closing for the new fund. This third fund is nearly fully subscribed at $240 million. […]
By Patty Tascarella, Senior Reporter, Pittsburgh Business Times Tecum Capital Partners has raised $79.6 million for its third fund, targeting $100 million, according to a filing with the U.S. Securities and Exchange Commission. Based in Wexford, Tecum is Pittsburgh’s fourth-largest private equity firm as ranked by capital under management, which was $750 million. Founded in […]
Tecum Capital Partners (“Tecum”), a Pittsburgh-based private equity firm, announced today that Dave Bonvenuto has joined Tecum a Director on the Investment Team. Dave brings a unique skillset to the Tecum team with 25+ years as a C-Suite executive in the middle market with deep experience across the manufacturing sector. Further, Dave has led growth-oriented […]
ACG Houston’s Deal of the Year event focused on celebrating Houston’s booming middle-market deal community and honoring the deals and dealmakers who drive middle market growth. Tecum Capital portfolio company, Conco Services, won the Deal of the Year in the Industrial, Power, & Infrastructure ($25MM – $100MM) category. Tecum and UMB Capital Corporation provided subordinated […]
Join Jacquelyn Core and Stephen Gurgovits, CFA, CPA, Managing and Founding Partner of Tecum Capital and this week’s guest, for a high-level discussion of traditional, mezzanine, and private equity financing, as well as some great stories. Listen here.
Despite the difficult challenges and ever-present uncertainty faced in 2020, Tecum Capital persevered to celebrate its 15th anniversary with a productive and successful year. We invested in 7 new platforms and realized exits of Allegheny Performance Plastics, TPS, Auburn Gear, Bolts & Nuts, and Convenience Valet. In addition, for which we are most proud, we […]
Gurgovits discusses the evolution of Tecum Capital In this podcast, Stephen Gurgovits, the Co-Founder, and Managing Partner of Tecum Capital, with over $750 million in assets under management, discusses the evolution of the firm with Aaron Watson. Tecum Capital is a multi-strategy investor specializing in lower middle-market companies based in the US. with three distinct […]
While 2020 private equity fundraising may fall below 2019 totals, according to a prediction by PitchBook, deal volume remains extremely high in the Pittsburgh market. “Our pipeline is as robust as it’s ever been,” says Stephen Gurgovits Jr., managing partner at Tecum Capital, which has more than $850 million in committed capital and about 40 […]