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Current Focus:* Acquisition of technical niche service businesses in Central IN * Profitable growth in our portfolio companies* Advisor and Investor with $3-25 million revenue businesses in the Midwest, replicating our success with Lewellen Safety, SEAM Group LLC, and several other companies that are privately held.Our Family Office strategy is A) to grow our portfolio companies, and B) help entrepeneurs grow their businesses breakthrough with our proven growth model. It can be through advisory and/or capital assistance. Our 3 Pillars are Identifying the Correct Strategy, Sales and Market Segmentation, and Operational Efficiency.
Vea Family Office
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ChairmanVea Family Office Jul 2022 - PresentIndianapolis, Indiana, United StatesVea Family Office has three functions: 1) Purchase technical niche service businesses in Central IN, 2) Grow our existing Portfolio Companies, and 3) Advise and Invest in technical service businesses in the Midwest with existing owners
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President And OwnerRowe Transport, Inc Jul 2022 - Jul 2024Indianapolis, Indiana, United StatesRowe Transport is a freight logistics broker specializing in flat bed transportation. Our strength's are high quality service, long standing relationships with primarily family run responsible carriers, and attractive payment terms. Manageable growth through referrals. We are continuing the family-oriented approach that previous owner achieved during the last 40 years.
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Advisor To Several Niche Technical And Engineering Focused Businesses.Various Companies Aug 2019 - Jul 2024MidwestAdvisor/ growth Investor in several privately held businesses in sales acceleration, engineered manufacturing, and transportation. I help with growth strategy, efficiency improvements, and acquisition analysis. -
Ceo & Founder, Inc 5000 Multiple WinnerSeam Group, Llc Aug 2018 - Oct 2019Indianapolis HqIn August 2018, acquired Predictive Services (with 2nd PE firm) which more than doubled our size creating the largest Safety and Reliability platform. Stayed on as CEO and completed the first year integrations including name change to SEAM Group and rebuilt operations, systems, benefit plans, and sales/marketing platforms. Transitioned Fall 2019 to long-time business associate. ABB is scheduled to purchase SEAM Group in Q3 2024. SEAM Group is a global leader in Safety, Reliability… Show more In August 2018, acquired Predictive Services (with 2nd PE firm) which more than doubled our size creating the largest Safety and Reliability platform. Stayed on as CEO and completed the first year integrations including name change to SEAM Group and rebuilt operations, systems, benefit plans, and sales/marketing platforms. Transitioned Fall 2019 to long-time business associate. ABB is scheduled to purchase SEAM Group in Q3 2024. SEAM Group is a global leader in Safety, Reliability, and Maintenance with the following services a) Electrical safety including Arc Flash, Preventive Maintenance, Infrared, and Training, b) Lockout/Tagout, c) Combustible Dust safety, d) Condition Monitoring including Vibration/Ultrasound, e) Asset Management and Reliability for manufacturing and process companies, f) Facility Services that provide nationwide break, fix and maintenance services, and g) EV Fleet charging networks (design, build, and maintain). Industry leader in electrification and fixed asset life maximation. Show less
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Ceo & Co-Founder, Inc 5000 Multiple WinnerLewellyn Technology Nov 2012 - Aug 2017Indianapolis, Indiana AreaAchievements: Within 5 years, Revenue increased 2.5x and EBITDA 4x. Lewellyn platform received 5 straight Inc 5000 revenue growth awards. Sold to 2nd PE firm late 2017 at attractive 6x multiple. Purchased Lewellyn Technology with 1st PE firm late 2012. Converted from a regional two service provider into a nationwide 6 service platform focused on Fortune 1000 companies. Company Description: Lewellyn Technology is the 70E Electrical Safety industry expert specializing in Arc… Show more Achievements: Within 5 years, Revenue increased 2.5x and EBITDA 4x. Lewellyn platform received 5 straight Inc 5000 revenue growth awards. Sold to 2nd PE firm late 2017 at attractive 6x multiple. Purchased Lewellyn Technology with 1st PE firm late 2012. Converted from a regional two service provider into a nationwide 6 service platform focused on Fortune 1000 companies. Company Description: Lewellyn Technology is the 70E Electrical Safety industry expert specializing in Arc Flash Analysis, Training, Written Safety Programs, and Electrical Preventive Maintenance including Infrared and Mitigation. Lewellyn Technology is an industry leader in Combustible Dust Consulting including testing, DHA's, Design Engineering, and Training. Lewellyn is the only company that does A-Z in electrical safety and combustible dust. The company does business throughout North America and has partner capabilities in many foreign countries. Show less
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Lead Director, Turnaround StoryInvested, Formerly In Secondary Market For Student Loan (Ism) Dec 2008 - Sep 2016Carmel, InINvested is a non-profit providing a) financial advice to post-secondary students and parents, and b) post-secondary funding through student loans and Income-Sharing Agreements (ISA). Appointed by Governor. Transformed balance sheet from large losses during financial crisis to a sizeable investment portfolio that now funds many IN post-secondary education programs. Closely connected to Commission for Higher Education, Workforce Development, and Governor's and Legislator's Agendas. I continued… Show more INvested is a non-profit providing a) financial advice to post-secondary students and parents, and b) post-secondary funding through student loans and Income-Sharing Agreements (ISA). Appointed by Governor. Transformed balance sheet from large losses during financial crisis to a sizeable investment portfolio that now funds many IN post-secondary education programs. Closely connected to Commission for Higher Education, Workforce Development, and Governor's and Legislator's Agendas. I continued to serve on Board Executive Committee until term expired in December 2023. Show less
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Business AdvisorIndependent Advisor Mar 2009 - Oct 2012Advised several businesses on strategy, sales, and efficiency. Examples include; 1) opening doors for start-up on-site health clinic and separately for a pharmacy cost reduction company, 2) efficiency projects for financial service companies, 3) strategic planning for several service and light manufacturing businesses.
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Chairman, Ceo & President, Director (Turnaround To Growth Strategy)National City Bancshares Oct 1999 - Mar 2009Chairman, CEO, and President for a $3B+ regional bank, restructured and recapitalized the business, created a more valuable brand, and launched growth initiatives. Improved ROA from .4% to 1% and ROE from 4% to 19% financial crisis. Phases included assessment, consolidation and turnaround, then profitable growth through two niche initiatives. Leadership development-8 former executives now leading other organizations. Company subsequently sold.Active civic leader on numerous Boards… Show more Chairman, CEO, and President for a $3B+ regional bank, restructured and recapitalized the business, created a more valuable brand, and launched growth initiatives. Improved ROA from .4% to 1% and ROE from 4% to 19% financial crisis. Phases included assessment, consolidation and turnaround, then profitable growth through two niche initiatives. Leadership development-8 former executives now leading other organizations. Company subsequently sold.Active civic leader on numerous Boards with focus on Education, Healthcare, and Economic Development Show less
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Lead Change AgentEvansville Vanderburgh School Corporation (Evsc) Jul 2004 - Dec 2008Lead Change Agent for the transformation of 3rd largest public-school system in IN from bottom performer to excellence. In 4 years, moved from a 70% failed referendum to a 70% approved referendum for a $149 million expansion with improved student results. Chaired a 68-member community group that formulated performance improvement strategies that became model for improved image, focus, and results including hiring a new Superintendent and revamped School Board. Our Superintendent is now… Show more Lead Change Agent for the transformation of 3rd largest public-school system in IN from bottom performer to excellence. In 4 years, moved from a 70% failed referendum to a 70% approved referendum for a $149 million expansion with improved student results. Chaired a 68-member community group that formulated performance improvement strategies that became model for improved image, focus, and results including hiring a new Superintendent and revamped School Board. Our Superintendent is now leading the nationally recognized Project Lead the Way (PLTW) focused on k-12 STEM advancement. Show less
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Ceo, Unique Blue Chip High Growth StrategyBank One Cincinnati, N.Ky, Dayton Aug 1994 - Nov 1999Cincinnati, Ohio AreaCEO for Bank One affiliate in Cincinnati and Northern Kentucky. Bank One's initial organic growth platform. Grew from 4% to 15% market share through new strategies focused on young adult and middle market niches. Blue Chip campaign.
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Senior Vice President, Developed And Implemented New Successful Sales ProcessStar Bank, Now Us Bank Jan 1991 - Aug 1994Managed Middle Market and National lines of business. Developed and improved the bank's sales and relationship profitability processes. Developed plan to prevent a hostile takeover by local rival. Then spent six months identifying and implementing efficiency actions that improved profits by $33 million. It became the springboard for Jerry Grundhofer and his team to join the bank and take it from a good bank to a great bank. Star Bank was the initial platform that is now US Bank.
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Investment Banking/Corporate Finance, Middle Market With Niche In Royalty Tax Acquisition StructuresJp Morgan Chase/First Chicago Jun 1981 - Jan 1991Specialty services in non-traditional banking areas including investment banking, asset-based, project finance, corporate finance, advisory, treasury management, international, leveraged and structured finance.
Mike Vea Skills
Mike Vea Education Details
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Finance, General -
Mba-Tax And Finance
Frequently Asked Questions about Mike Vea
What company does Mike Vea work for?
Mike Vea works for Vea Family Office
What is Mike Vea's role at the current company?
Mike Vea's current role is Vea Family Office | Own and Invest in Technical B2B Service Businesses | Growth Specialist | 5x Inc 5000 winner.
What is Mike Vea's email address?
Mike Vea's email address is ve****@****ail.com
What is Mike Vea's direct phone number?
Mike Vea's direct phone number is +181284*****
What schools did Mike Vea attend?
Mike Vea attended Indiana University - Kelley School Of Business, Depaul University.
What are some of Mike Vea's interests?
Mike Vea has interest in Children, Economic Empowerment, Education, Health.
What skills is Mike Vea known for?
Mike Vea has skills like Public Speaking, Teaching, Nonprofits, Curriculum Development, Educational Leadership, Community Outreach, Staff Development, Program Development, Research, Teacher Training, Strategy, Leadership.
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Michael Vea, Ed.L.D.
San Diego, Ca4comcast.net, gmail.com, gmail.com, bellsouth.net4 +191725XXXXX
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