Relay Investments is a private equity fund focused on backing talented, young and aspiring entrepreneurs, who plan to acquire a small or medium sized business (SME). The firm was founded by Sandro Mina and Martin Steber.
Mr. Mina is based in the Boston office. In early 1993, Sandro, along with Gunnar Bjorklund, Martin Steber and Nick Babchuck, co-founded Sverica International, where Sandro spent 20 years as a co-founding Partner. He currently serves on several company boards including Ackerman Security Systems, Creative Catalog Concepts, iCoat Company and Oasis. Mr. Mina also serves on the board of the Swedish School of Boston.
During Sverica’s early days, Sandro served as President and CEO of Cameraworld.com, one of Sverica’s pre-fund portfolio companies. In earlier careers, Mr. Mina worked in the public and private sectors in a number of industries, including technology (United Nations Computing Centre and Storage Technology), banking (Citibank, Goldman Sachs & Co. and VISA) and telecommunications (consultant for a large European company).
A native of Italy and Sweden, Mr. Mina earned his BSc degree in Computer Engineering from Imperial College at the University of London and his MBA degree at the Graduate School of Business at Stanford University.
Mr. Steber is based in the Montreal office. In early 1993, Martin, along with Gunnar Bjorklund, Sandro Mina and Nick Babchuk, co-founded Sverica International.
During his early tenure, Mr. Steber was CEO of two pre-fund investments in Birmingham, Alabama, Automatic Detection Systems Inc, an electronic security company, and AccuDocs LLC, a billing services company. Both of these entities were eventually sold to larger industry leaders. Later, Mr. Steber was actively involved in raising Sverica’s first and second private equity funds. Mr. Steber retired from Sverica in late 2007 to relocate to Europe.
He continues to serve on the board of Ackerman Security Systems, as well as OASIS. Mr. Steber is a Limited Partner in or co-invests with each of Sverica’s funds and serves on the board of directors of several other privately held companies including several companies acquired by search funds.
Mr. Steber completed his BS in Computer Engineering at Imperial College at the University of London and his MBA degree at the Graduate School of Business at Stanford University.