In addition to providing capital, Argosy's principals invest their time and other resources to develop an understanding of their partners' businesses and industries. We make every effort to ensure that our advice and input are productive and valued.
 
"From the very start, Argosy has been there for us. They are straight forward and great partners."

James C. Stevens, President and CEO, Security Services of America, LLC

Knute C. Albrecht

Partner

Mr. Albrecht joined Argosy Partners in 1996 and co-founded the firm's SBICs. Mr. Albrecht has over 25 years experience managing SBICs. He was a General Partner and Manager of RFE Capital Partners, L.P. in New Canaan, Connecticut, as well as a General Partner of an affiliated $65 million equity fund (RFE IV). Previously, he was President and CEO of Meridian Capital Corp., Blue Bell, Pennsylvania, which he founded as an SBIC subsidiary of Meridian Bancorp in 1977. In addition, he was President and CEO of a related asset based lending subsidiary. He also had prior asset based lending experience and was formerly CFO of an operating company. Mr. Albrecht has a successful track record investing directly in more than 75 companies, most of which were SBIC investments. Mr. Albrecht earned an MBA from Drexel University and a Bachelor of Science, Business Administration, Finance from Temple University. He has served on the Board of Governors of the National Association of SBICs (NASBIC) and is a former President of the Northeastern Regional Association of SBICs (NERASBIC).

Email: knute@argosycapital.com

Kirk B. Griswold

Partner

Mr. Griswold co-founded Argosy Partners. His experience encompasses investments in over 50 operating companies and real estate situations. Previously he was a Consultant and Manager with Corporate Decisions, Inc., Boston, Massachusetts, an international management consulting firm specializing in revenue generation strategies. Mr. Griswold also had previous experience with the Wharton Small Business Development Center, and as an engineer with Westinghouse Electric Corp. He earned an MBA from the Wharton School, University of Pennsylvania, with a dual major in Management and Finance, and a Bachelor of Science, Physics, from the University of Virginia. He has served on the Board of Governors of the National Association of SBICs (NASBIC), is a former President of the Northeastern Regional Association of SBICs (NERASBIC), and is a former Director of the Greater Philadelphia Venture Group.

Email: kirk@argosycapital.com

John P. Kirwin, III

Partner

Mr. Kirwin co-founded Argosy Partners and has a significant fourteen-year background as an attorney specializing in corporate law. Prior to joining Argosy Partners full time in 1996, he was a Partner with McCausland, Keen & Buckman, Radnor, Pennsylvania, where he did extensive work on public and private securities offerings, as well as venture capital and acquisition transactions. His experience encompasses investments in over 50 operating companies and real estate situations. Mr. Kirwin holds a Juris Doctris from George Washington University, National Law Center, and a Bachelor of Arts from Dickinson College.

Email: john@argosycapital.com

Michael R. Bailey

Partner

Mr. Bailey joined Argosy in 1999 and has a background primarily in SBIC investing and commercial lending. Prior to joining Argosy, Mr. Bailey was one of three principals in a wholesale distribution company. Previously he was a Vice President of CoreStates Bank (now Wachovia Bank) with responsibility for developing and managing relationships with middle market customers. He also had prior experience as an Assistant Vice President of Meridian Capital Corp., an SBIC subsidiary of Meridian Bancorp, with marketing and portfolio management responsibilities, as well as oversight of various passive limited partnership interests in private equity funds. Mr. Bailey earned an MBA from Drexel University and a Bachelor of Science, Business Administration, Finance from Bucknell University. He has served on the Board of Directors of the Greater Philadelphia Venture Group and the Philadelphia Chapter of the Association for Corporate Growth.

Email: michael@argosycapital.com

Jack Nugent

Jack Nugent

Principal

Mr. Nugent joined Argosy Partners in 2002 and has a background in private equity and investment banking. Mr. Nugent has previous experience as an investment banking associate in the Restructuring Group at Lazard Frères in Manhattan where he provided financial restructuring and merger and sale advice to companies. Prior to Lazard, Mr. Nugent worked in the Restructuring Group at Deutsche Banc Alex. Brown in Manhattan. Mr. Nugent began his career at Alex. Brown in Baltimore as an investment banking analyst in the Equity Capital Markets / Syndicate Group. While in business school, he worked as a summer associate at GE Equity, the private equity arm of General Electric. Mr. Nugent earned his MBA from the Tuck School of Business at Dartmouth College and graduated summa cum laude with a Bachelor of Science in Business Administration with a major in Finance from Loyola College in Maryland. Mr. Nugent received the Arnold F. Adams award for Excellence in Entrepreneurship from the Tuck School at Dartmouth.

Email: jack@argosycapital.com

 

Keven Shanahan

Keven P. Shanahan

Principal

Mr. Shanahan joined Argosy Partners in July 2004 and is responsible for assisting in the evaluation of investment opportunities, performing due diligence and monitoring investments. Prior to joining Argosy Partners, Mr. Shanahan was an Assistant Vice President in the Financial Services and Healthcare Group of GE Equity, the private equity arm of General Electric in Stamford, Connecticut . During his tenure at GE Equity, Mr. Shanahan invested over $75 million in many successful transactions in the financial services sector. He began his career at Furman Selz, a New York based investment bank that was later bought by ING, where he spent five years in the Healthcare Group working on mergers and acquisitions, public equity offerings, high yield debt offerings and private placements. Mr. Shanahan earned his MBA from the Tuck School of Business at Dartmouth College, where he graduated with Distinction and was an Edward Tuck Scholar. He earned his Bachelor of Arts with a concentration in Applied Mathematics and Economics from Harvard College.

Email: keven@argosycapital.com

 

Keven Shanahan

Steven J. Morgenthal

Operating Partner

Mr. Morgenthal joined Argosy Partners in January, 2007 and is responsible for participating with the Argosy team in evaluating potential investments, as well as, working with portfolio companies to grow shareholder value through improved strategic planning and operational effectiveness. Prior to joining Argosy, Mr. Morgenthal was a venture partner with SCP Private Equity and was CEO for multiple SCP portfolio companies. Prior to SCP, Mr. Morgenthal was a senior executive with a number of private and public companies, including Unified Systems Solutions, a diversified information technology firm which he co-founded, managed as chief operating officer and successfully sold to Computer Horizons. Mr. Morgenthal holds a Masters Degree from Stevens Institute of Technology and a Bachelors of Science from Pace University.

Email: steven@argosycapital.com