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Steve Sarracino

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Steve Sarracino is the Founder and Partner at Activant Capital, a global private investment firm he founded in 2012.12 Based in Greenwich, Connecticut, Steve oversees all investing efforts at Activant Capital, which focuses on high-growth companies transforming the industrial complex.14

Steve has a long track record of investing in disruptive technology companies, with a particular emphasis on data-heavy businesses that can act as the source of truth for large industries.3 Prior to founding Activant, he worked at firms like Serent Capital, American Capital Ltd., and McKinsey & Co.3

Steve's educational background includes an MBA from the Wharton School at the University of Pennsylvania and a BBA in Finance from Southern Methodist University.1 His investing career started early when his grandfather taught him how to read stock charts.1

Under Steve's leadership, Activant Capital has grown to manage $1.5 billion in assets.1 The firm typically makes a small number of investments per year to optimize their value, with notable exits including Hybris, Recommind, and Upland.2

Steve's LinkedIn username is stevesarracino.5

Highlights

Mar 20 · linkedin

I pull out some of my thoughts from Activant’s Greene Street Observer - you can subscribe here: https://lnkd.in/eYRa9tAf

We have the luxury of meeting many management teams and can sometimes drive correlation from success. The best leaders have few things in common, but one I want to highlight is focus. Exceptional leaders have an uncanny ability to absolutely and maniacally focus on a single thing, task, strategy, or product for a very long time until moving to the next.

As an investor, a management team’s level of focus is an easy attribute to flush out. In meetings we ask about the company expanding into this or that market just to see what the CEO or founder says (or anyone on the team). If the founder or team entertains our ideas, it can be a concern. The best founders respond with something that acknowledges our question but brings back that focus, like “That is interesting, but we want to focus on our core X or Y for the time being.”

While focusing on one thing doesn’t bring instant gratification or feedback like video games, in the long run, the compounding effects of competing in the same vector for years at a time eventually pays off. Google started with Search. Amazon started with books. Find your wedge, and stick to it.

Aug 24 · linkedin

Execution management > RPA. Celonis will be one of the biggest software companies in the world. Alexander Rinke and Bastian Nominacher bootstraped Celonis for 5 years, which accounts for the incredible DNA of the culture and business. Couldn’t be more excited to continue our partnership with Alex, Basti and the entire Celonis team.

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Related Questions

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Steve Sarracino
Steve Sarracino, photo 1
Steve Sarracino, photo 2
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Location

Greenwich, Connecticut, United States