Board of Directors
Martin Madden – Chairman Of The Board Of Directors & Partner
Martin has over twenty years of private equity investment experience. He co-founded Seguin Partners Fund, LP in Lynnfield, MA in 2006 and serves as General Partner. At Seguin he led the acquisition of Genesis Services in 2008. And in 2010 he led the fund’s acquisition of CFO Publishing from the Economist Group. He also led CFO’s acquisition of IE Group in 2012. He served on the Board of Genesis and led the fund’s exit from this investment in 2012. From 1992 until 2006, Martin was a Managing Director of Bariston Partners in Boston where he specialized in the acquisition of B2B companies. Mr. Madden played a lead role in the acquisitions of Bariston platform companies Commonwealth Business Media and HCPro and served on both companies’ Boards, and was actively involved in identifying and completing add-on acquisitions for these companies. Mr. Madden joined New England Merchants National Bank in 1982 and became a lending officer in Boston. In 1985 he became Vice President at its investment banking subsidiary BNE Associates. From 1985 to 1992 he was involved in many capital raising and change of ownership transactions for lower middle market companies in a variety of industries. He holds a BA from Tufts and an MBA from the University of New Hampshire. He is active in various community organizations in and around Newburyport, MA.
Steven G. Casley – Chief Executive Officer & Partner
Steve has over 30 years of travel and transportation industry experience in both the entrepreneurial and corporate environments. Prior to joining WorldTEK, Steve held the position of Chief Operating Officer of the Official Airline Guide (OAG) a global information services, data solutions and event company. Under Steve’s leadership the company grew from $20M in 2005 to $48M in 2008. Steve implemented a strategic business plan resulting in strong organic growth along with an acquisition strategy that expanded the product/services portfolio to include data, solutions, and events that transformed OAG into the UBM Aviation Group. Prior to OAG Steve was the co-founder and President of BACK Aviation Solutions an analytical services firm providing on-line information products to the aviation and financial sectors. Directly responsible for P&L, business strategy and day-to-day operations. He was responsible for two acquisitions while at BACK, tripling the company’s revenue before the company was sold to CBM in March of 2005. Following the sale, Steve became a senior member of the CBM management team and played a key role in in the eventual sale of CBM to UBM in 2006. Prior to co-founding BACK, he held numerous airline executive positions, including being part of the early start-up team at People Express Airlines, serving as the Managing Director of Continental Airlines premier Newark hub, and he was a senior member of the Towers Perrin Transportation Practice. A native of New York City, Steve holds a B.S. degree in business administration and political science from St. John’s University, with corporate sponsored graduate studies through the Harvard Business School. He has served on the Boards of many mid-sized aviation and solution companies. Steve is an avid golfer and passionate hockey fan. He resides in Guilford, CT with his wife Susan and four children Sean, Scott, Annie and Sydney.
Alan Glass – Executive Chairman of Eagle Holdings & Partner
Alan Glass is the Executive Chairman of Eagle Holdings, parent company of Stagnito Business Media+Edgell Communications and The Path to Purchase Institute. Eagle Holdings is a portfolio company of RFE Investment Partners. Until its sale in May 2016, he was Chairman and CEO of CFO Publishing LLC, a portfolio company of Seguin Partners, which purchased the company from The Economist Group in January 2010. Mr. Glass has over 35 years of senior management experience in the media and information industry.
Mr. Glass is the former Chairman, President and Chief Executive Officer of Commonwealth Business Media. Commonwealth was formed in October 2000 after he led a management buyout of the company from its prior owner, Primedia with the backing of RFE Investment Partners. In November 2001, the company acquired the assets of The Journal of Commerce Group from The Economist to form the largest single source of content serving the global trade and transportation markets. In the five and half years since inception, Commonwealth grew from $16 million in revenues to more than $60 million; significantly changing from 75% of its revenues coming from print advertising-based products to almost 80% of total revenues coming from a dynamic, subscription based set of data products, events and trade shows. Mr. Glass and his management team achieved this through a combination of organic growth initiatives as well as completing four acquisitions.
In July 2006, Commonwealth was purchased by United Business Media for $152 million. Investors in the company realized three times their invested capital as a result of this transaction. Mr. Glass continued in his role with UBM until December 31, 2008. Since its acquisition by UBM, Commonwealth doubled its size, primarily by acquisition and expanded its global operations with offices in nine countries growing its workforce from 250 employees to almost 700.
Prior to forming Commonwealth, he served in a number of different capacities with Primedia Information. From 1997 he was the company’s President and Chief Executive Officer. During his tenure with Primedia, the company grew revenues eight times and increased profits an unprecedented 26 times. He began his publishing career in 1972 with The Wall Street Journal.
Mr. Glass holds a BA in Political Science from Ursinus College and an MA in Education from Villanova University. In addition to his role with Eagle Holdings, he is on the Executive Operating Board of RFE Investment Partners, is an Operating Partner of the private equity firm Sequin Partners and a managing partner of Infocommerce Partners, a new venture that is working with entrepreneurs looking to invest in their next business journey. He is also a director of WorldTek Events, a leading conference provider serving the association and corporate events community.
Mr. Glass and his wife Cathy reside in Marco Island, Florida and Ocean City, New Jersey.
Russell Perkins – Founder and CEO of InfoCommerce Group & Partner
Mr. Perkins is the Founder and CEO of InfoCommerce Group, a management consultancy serving the business information industry and based in Bala Cynwyd, PA. He has over 25 years of experience in all facets of the data and information industry. Most recently, Mr. Perkins was President/CEO of Dorland Healthcare Information, a private equity-owned database information company serving the healthcare industry that is now a division of UCG Holdings. Prior to that, Mr. Perkins was Vice-President of the Legal Intelligencer, now a division of ALM. Previous to that, Mr. Perkins was Group President at NAPCO Media, where he was responsible for development and launch of its of media information and graphic arts industry databases. Mr. Perkins has also been a staff consultant at AT&T, and an editor at ThomasNet.
Mr. Perkins is also the founder Morgan-Rand, Inc. a publishing, events and consulting firm serving the yellow pages and specialty directory markets, and Total Directory Services, an advertising agency joint venture with US West Communications. The businesses were ultimately sold to Volt Information Sciences and Cowles Business Media. Mr. Perkins is the author of Directory Publishing: A Practical Guide, which is now in its fifth edition, and InfoCommerce: Internet Strategies for Database Publishers. Mr. Perkins also leads the Data Leadership Peer Network of the Software and Information Industry Association and is currently a director of WorldTEK Events and is on the advisory boards of Owler.com and UBL Interactive. Mr. Perkins attended Sarah Lawrence College and has completed certificate programs in business strategy and organizational leadership at Cornell University.
Mr. Perkins resides with his wife Susan in Wynnewood, Pennsylvania, a suburb of Philadelphia.