In 1989, Mr. Teague founded The Colonnade Corporation to acquire small, well-established, Midwest manufacturing companies from their founders. Colonnade and its successors acquired Production Control Units (automotive assembly line equipment), Crown Mold & Machine (injection molds and pultrusion dies), Edward W. Daniel Company (industrial lifting hardware), Fremont Plastic Molds (blow molds), Buckeye Forge (industrial lifting hardware), Deep Hole Specialists (gundrilling services), and Penco Tool (compression molds). Mr. Teague served these businesses as shareholder, board member, and in a variety of interim operating management roles and then successfully sold these businesses to strategic and financial buyers. He is also a shareholder of Cornerstone Industrial Holdings that owns Gasko Fabricated Products and Rhopac Fabricated Products (non-metallic die cutting).
Before forming Colonnade, Mr. Teague was an investment banker with McDonald & Company (now the investment banking arm of Key Bank) where he originated and executed corporate finance transactions such as initial public offerings, business sales, leveraged management buyouts, and private placements of debt and equity.
Mr. Teague earned a BS in Industrial Engineering and Management Science from Northwestern University (Chicago, Illinois) and an MBA with concentration in finance and capital markets from The University of Virginia (Charlottesville, Virginia).
Since 2002, Mr. Teague has been an active member of the Board of Trustees for Fieldstone Farm Therapeutic Riding Center; a leading therapeutic equestrian program for children and adults with disabilities. He has also served on the Board of Directors of Hopewell, a therapeutic farm community for adults with mental illness, since 2005.