Mike Vea Email & Phone Number

Indianapolis, Indiana, United States

Vea 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

Indianapolis, Indiana, United States

Rowe 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.

Midwest

Advisor/ growth Investor in several privately held businesses in sales acceleration, engineered manufacturing, and transportation. I help with growth strategy, efficiency improvements, and acquisition analysis.

Indianapolis Hq

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… 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

Indianapolis, Indiana Area

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… 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

Carmel, In

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… 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

Advised 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.

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… 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

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… 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

Cincinnati, Ohio Area

CEO 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.

Managed 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.

Specialty services in non-traditional banking areas including investment banking, asset-based, project finance, corporate finance, advisory, treasury management, international, leveraged and structured finance.

Bs-Finance, Finance, General

Activities and Societies: President- Sigma Chi Fraternity, Golf

Mba-Tax And Finance

Activities and Societies: Attended night program while working full-time