Bio

Steffen has a vast experience as a managing director and investor in the turnaround private equity arena. After a couple of years with an American Investment Bank in the Mergers & Acquisitions department in London, he acquired his first company, a mechanical engineering company, out of receivership. After a successful turnaround and six years of continuous improvements, he was able to sell this company to a northern European industrial holding company. Subsequently, Steffen worked for several different international industrial enterprises as a Managing Director responsible for their business development and turnaround. In all cases, after a short re-development phase, the ailing company was able to break even. Before he founded Quantum Group, Steffen worked as a Managing Director for a listed Private Equity firm with a focus on distressed assets. Steffen studied mechanical engineering in Germany and holds an MBA from New York University.