Huey Equity Partners
Founded in 2007 by Mr. Huey soon after successfully leading a turnaround effort and sales engagement as Chief Operating Officer of Rentalhouses.com. Huey Equity’s Partners have been associated with more than thirty transactions totaling more than $4.5 billion, including both public and private entities.
Steven A. Huey
Steve is a dynamic, results oriented leader with a proven track record of sustainable performance in high tech industries. His most recent engagement was that of Chief Operating Officer of RentalHouses.com where he helped in the turnaround and sale of the company. He has also assumed leadership roles with Earthlink, Inc. that include Mergers and Acquisitions, Product Development, Business Management and Turnarounds. He utilizes his business acumen, strong operational abilities and customer focus to develop and implement strategic plans that result in profitable market growth. He has developed initial business concepts that have introduced new software products into the market at phenomenal growth rates with enviable operating margins. His accomplishments include:
Co-led the turnaround effort at RentalHouses.com where during his eight month tenure he helped the company triple sales, and listings as well as position the company as the market leader in listings within the top 50 US markets. This led to the company’s sale in January 2007 to Consumer Source, Inc.
Initiated and lead the acquisition of a $7 million anti-spyware software and services company. Established strategic priorities and financial targets and launched four new products in the first sixty days resulting in a profitable $10 million growth business and turnaround.
Led a $210 million Cable Product business. Reduced customer churn by 171 basis points resulting in a savings of $25 million. Initiated “Save the Customer” strategy resulting in a 331% increase in program retention and adding $7.4 million in annual sales.
Launched and managed a new software business by developing and delivering a superior value proposition generating $10 million in new revenues with 95% operating margin in less than one year.
Managed and negotiated a technology purchase that reduced acquisition costs by $1.8 million.
Steve graduated with honors from the Goizueta Business School, Emory University with a Masters of Business Administration. His undergraduate work was completed at Miami University, Ohio with a Bachelor of Science in Finance and Accounting. Steve was selected to attend Harvard Business School’s Executive Education, Corporate Governance. Steve is a Certified Managerial Accountant.
Steve is a native of Cincinnati, Ohio and is married to his wife of 14 years Christina. His interests include woodworking, twice named one of the top 200 craftspeople in the US, and collecting antique stock certificates.