Paul A. Stewart

Board Member at Thrombolex

Over the past thirty years, Paul has developed significant experience in a wide range of private equity investing from venture capital to leveraged buyouts and recapitalizations. Before forming PS Capital, Paul was one of three partners at Horizon Partners, Ltd, a middle market buyout firm, where he was involved in all aspects of its operation including investment decisions and portfolio management. Prior to joining Horizon in 1990, he was vice president in the venture capital subsidiary of Republic Bank, which was acquired by NationsBank (now Bank of America). His primary focus at Republic was the development and management of a diversified venture capital investment portfolio.

Paul currently serves on all the Boards of the PS Capital Partners portfolio companies including Milwaukee Composites, Waukesha Metal Products, PAX Holdings, International Thermal Systems, JTS Direct, CM Global, Sussek Machine Company, Engineered Custom Coatings and Pack Logix. He also serves on the Board of the Novo Group. Paul is member and former Chairman of the Association for Corporate Growth (ACG is an international organization comprised of over 50 chapters and 14,000 plus professionals involved in various aspects of corporate growth) and currently serves on the Board of the Wisconsin Chapter (“ACG WI”). In addition, Paul served as a Trustee on the State of Wisconsin Investment Board.

Paul received his bachelors of science degree in mechanical engineering from the State University of New York at Buffalo in 1982 and a master’s degree of business administration, with a finance concentration summa cum laude from Texas A&M University in 1984. In addition, Paul completed the 13th Annual Venture Capital Institute Seminar in 1987. Paul currently serves as an Adjunct Professor, Bostrom Entrepreneur-in-Residence, for the University of Wisconsin Milwaukee teaching Business Modeling and Venture Finance.


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