Steve is a Founding Partner of SRA and the firms practice partner for merger and acquisition related services, including due diligence and valuation support. In his career, Steve has lead the due diligence for some of the largest transactions completed, including recapitalizations or investments in banks by private equity firms. Steve also developed SRA’s Capital/ALLL Stress Test and the implementation of that service to our clients. Prior to founding SRA, Mr. Lane was a Founder and President of LVIR Investor Group, formerly Dime Capital Partners, the mezzanine lending and equity investment subsidiary of the Dime Savings Bank, a multi-billion dollar financial institution. While President of Dime Capital Partners (“DCP”), Mr. Lane provided equity and mezzanine financing for buyouts, acquisitions, recapitalizations, and growth transactions. Prior to forming DCP in 1998, Mr. Lane headed First Fidelity Private Capital (“FFPC”), the direct equity/mezzanine investment unit of First Fidelity Bancorporation, which was purchased by First Union Corporation (now Wells Fargo). In addition to heading the equity investment unit, Mr. Lane headed First Fidelity’s (subsequently First Union’s) SBA Lending and Community Development Lending and Investment Groups. Prior to heading FFPC, Mr. Lane headed the mergers and acquisitions due diligence team for First Fidelity Bancorporation, then the nation’s 25th largest banking institution. Before joining First Fidelity, Mr. Lane was employed by the United States Comptroller of the Currency, where he worked for seventeen (17) years and became the Senior Regulator for Highly Leveraged Transactions.
Mr. Lane is a Chartered Financial Analyst and holds both a BS and an MBA from Virginia Tech, Blacksburg, Virginia. He is also a graduate of the Stonier School of Banking at Rutgers University.