Stephen M. Youts is the Founder and Managing Partner of the Avondale Partners group of companies. Through Avondale Capital Partners, Avondale and its partners own, or have owned, substantial or controlling interests in 23 companies in the retail, manufacturing, industrial services, consulting, and financial sectors.
Before founding Avondale Partners in 1991, Mr. Youts began his career as a structural design engineer working on office towers and shopping malls and subsequently spent 18 years as a Wall Street investment banker where he worked as a Managing Director specializing in mergers, acquisitions, divestitures, external growth strategy, and acquisition finance. His Wall Street career included positions with Merrill Lynch Investment Banking, Salomon Brothers (the predecessor of Citicorp Investment Bank), and Chase Bank Investment Banking (the predecessor of JP Morgan Chase Investment Banking).
He has been a start-up entrepreneur eight times and has served on the Board of Directors or as a Managing Partner of over a dozen companies (including three large publicly held corporations). Additionally he has served on the boards or advisory councils of several not-for-profit organizations.
To complement his active business career, Mr. Youts is heavily involved in volunteering and fund-raising for foundations and organizations serving higher education.