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Investment Team

Steve Sallion, Managing Partner

Mr. Sallion has over fifteen years of experience in management consulting, private equity, business development and mergers and acquisitions.  Mr. Sallion has been responsible for all aspects of private equity investing including sourcing, evaluation, portfolio management and exiting investments for Carthage. Mr. Sallion led the investment and sale of Phoenix Taco, LLC (a 15 unit Taco Bell franchisee) and led the Carthage Venture Fund LP’s investments in SERVE Holdings (a 20 unit franchisee of Captain Ds seafood restaurants) and Navtrak, Inc.  Most recently, Mr. Sallion led the management buyout of AJA, forming Sigma Bell, LLC., an 8 unit franchisee of Taco Bell in Cleveland, OH.  Before founding Carthage in 1996, Mr. Sallion was a Manager in the Management & Systems Consulting Division at Mitchell & Titus, LLP (1990 – 1996), a large CPA and consulting firm.  Before joining Mitchell & Titus, Mr. Sallion was a Manager at Andersen Consulting. At Andersen, Mr. Sallion performed consulting assignments for over 20 companies, ranging from start-ups to Fortune 1000 companies. 


Mr. Sallion graduated from Syracuse University with a B.S. in Economics, with a concentration in Management Information Systems.

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