About Us
Steel River is a catalyst for the next generation of industrial services.
We bring the energy, growth capital, and expertise for founder owned companies to continue to thrive well into the future.
What We Believe
Steel River was started by Eric and Austin, who are committed to building the “best” industrial services firm in the world measured by employee and customer satisfaction…
Our goal is to dive into businesses that protect America’s infrastructure and inject them with fresh energy and ideas while honoring the legacy of the amazing people that built them. We are committed to the long game and building a business that will stand the test of time.
While we are relentless in our pursuit for improvement, we never lose touch with our roots. We measure results and use data as a tool but we continue to focus on the human elements of business.
We will never compromise on our values, and are committed to creating win-win deals with all our partners.
Our Team
Eric Factor
Co-founder
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Eric is a Co-founder of Steel River, and serves as the Chief Executive Officer of CraneTech, Inc. He is passionate about improving the experience of technicians and other employees within the industrial trades. He was previously a strategy & operations leader at Turbonomic, a Bain Capital Ventures portfolio company acquired by IBM for $2 billion. Prior to that, Eric was a management consultant at Accenture, where he helped drive over $20 million in efficiencies for clients through digital transformation, business process redesign, and shared services implementations. Eric holds a B.S. with a triple major in Entrepreneurship & Emerging Enterprises, Finance, and Supply Chain Management from Syracuse University.
Austin King
Co-founder
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Austin is a Co-founder of Steel River and serves as Chief Financial Officer and Head of M&A at CraneTech. He is driven by his love for small business and connecting with people from all walks of life. His mission lies in creating culture that has unparalleled positive ripple effects in the communities where he works. Before co-founding Steel River, he was Director of Business Development at Alpine Investors, where he was responsible for sourcing and closing north of $200 million in enterprise value across various service industries. Prior to that, Austin was a consultant for Accenture focused on driving operational efficiencies and cost savings for Fortune 500 clients. Austin graduated Magna Cum Laude from Providence College with a B.A. in Economics and Political Science.
