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Stephen Gurgovits, Jr., Managing Partner of Tecum Capital, Named to Smart Business: Pittsburgh “Smart 50” List

Stephen Gurgovits, Jr. accepts his Smart 50 Business Award at the Duquesne Club last night. In attendance from Tecum Capital, from left to right, Paul Oris, Senior Associate, Carter Henderson, Associate, Stephen Gurgovits, Jr., Co-Founder & Partner, and David Bonvenuto, Director.

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 Smart Business Pittsburgh. 

Since 2014, the Smart 50 Awards recognize the top executives of the 50 smartest companies in the Greater Pittsburgh region for their ability to effectively build and lead successful organizations.

“Steve’s leadership style focuses on making a personal, positive impact on the individual – be it the co-worker, the investor, the portfolio company management team to define and deliver growth,” shares David Bonvenuto, Director at Tecum Capital.   “Steve’s impact of personal attention and focus can be seen in the professional and personal development of team members, employee and capital growth in companies, and in returns to his limited partners.    On behalf of all these parties, we thank and congratulate Steve on being recognized by Smart Business.”    

Stephen J. Gurgovits, Jr. is the Managing Partner and co-founder of Tecum Capital, a $500+ million private investment firm based in Pittsburgh, PA, which oversees pools of committed capital focused on mezzanine debt, subordinated notes, and private equity, along with a separate strategy via a multi-family office platform for control equity investments.  Currently, Tecum Capital is investing out of its third committed fund, Tecum Capital Partners, III, LP, a $305 million fund licensed as a Small Business Investment Company by the SBA.  In his current role, Mr. Gurgovits, Jr. is responsible for providing strategic, operational and investment management leadership to the funds, including its overall planning, fund raising, growth and execution of strategy.   Mr. Gurgovits, Jr. previously served on the board of directors of Auburn Gear, Uncle Charley’s Sausage, Oberg Industries, Gibraltar Cable Barriers, Western Allegheny Capital and was also former Chair of the Pittsburgh Chapter of the Association for Corporate Growth (ACG). He currently on the board of directors for Primetac, ASW, and Iron City Express.

During his career, Mr. Gurgovits, Jr. has been directly involved in over $1 billion of aggregate financial transactions, both public and private.  Mr. Gurgovits, Jr. has also served as the investment and portfolio manager for over $200 million of publicly-traded securities.

In addition to Steve’s selection as an honoree, three of CEOs of Tecum Capital’s portfolio were also named as Smart 50 honorees. Ed Saxon, of Conco Systems, Brian Quinn, of Keystone Foam, and Rodney King, of Automotive Systems Warehouse were also honored for leading the smartest organizations in the Greater Pittsburgh region.