CAREER HIGHLIGHTS OF JEFFERY STEVESONSON

CAREER HIGHLIGHTS OF JEFFERY STEVESONSON

Unlike many ordinary career men and women, Jeffery Stevenson has achieved something that is slightly off the norm; he still works for the company he joined immediately after graduation. Jeffery Stevenson has over 38 years later, continued to work for veronisSuhler Stevenson (VSS). Over the years, Stevenson has slowly climbed the corporate ladder and is currently a managing partner in VSS and its majority owner. After graduating from Rutgers University in 1982, Stevenson immediately joined VSS, which was by then known as Veronis, Suhler, and Associates. He occupied the ground floor and was assigned in the mergers and acquisitions (M&A) division. By the year 1987, Stevenson had worked his way up was now managing the company’s first private equity fund, which resulted in raising over $57 million. He was also in charge of the fourth equity fund in the early 2000s, which was later Valued at almost $1 billion.

In 2015, Stevenson explained that the company was initially started as one of the first media-based advisory firms. It was only until 2001 that the company was renamed to VSS. The now well-established M&A advisory firm launched its first equity fund in 1987, which marked the company’s shift into private equity. During an interview, the managing partner remarked that one of the aspects that influenced VSS’s success is their virtue of specialization. VSS had already grasped the value of specialization way before specialization became a trend. In a fiercely competitive world of private equity, the company uses specialization to stand out and add value to its services..

Today, the NewYork based company has an interest in several sectors such as education, information, and healthcare in Europe and North America. To date, VSS has managed seven consecutive funds. Three of the funds are capital funds, while the other four are equity funds. It focuses on lower middle market companies that have an annual earning of $3 to $25 million. Jeffery Stevenson, on behalf of VSS, explained that the firm focuses on these companies because, in the lower middle market range, there are more opportunities at the base of the pyramid. The firm currently offers financial services and capital to these mid-range companies which have not yet had the environment to grow to their potential.