Donald C. Belt has been leading AGSM associated venture capital initiatives for the past six years. Under his leadership AGSM has grown from a start up to a $25 million plus venture capital firm. He is in the midst of starting AGSM Ventures which will be managing three new commitment funds and growing the AGSM Pledge Fund. He also brings more than 30 years of experience in the hardware/lumber building material, industrial MRO, and consumer products industries to AGSM. Don has established a proven record of sales and profit growth. Through high level executive positions with True Value, ServiStar, and General Electric, and owning several businesses, Don has gained expertise in M&A work, entrepreneurial start-ups, strategic planning, e-business, supply chain management, operations, acquisition integration, marketing, sales management, financial management and capital generation.
Don created the business plan for the $4.0 billion merger of True Value and ServiStar Corporations, which exceeded $100 million in synergies and achieved a seamless integration of the two businesses. While at ServiStar, Don led three acquisitions and three business start-ups. Prior to ServiStar, within the Major Appliance/Video Division of GE, Don provided leadership of the business segment to capture substantial new market share by using sophisticated channel strategies and introducing new products.
Don’s strengths are in the area of growing new ideas. He started MRO Direct, a national distributor and procurement provider service, building the business from a fertile idea to a value of $10 million within two years. He formed Chesapeake Holding Company by acquiring two businesses and merging a third company to create a new entity with dramatic increase in valuation. Don’s other experiences include serving as COO of Smitty’s Building Supply, a $100 million lumber and building material retailer, COO of Speedgoat Bicycles, a web-based retailer of high end custom bicycles, and Vice President of Sales & E-Business for GMT Consulting.
Don earned an undergraduate degree in economics from Washington & Jefferson College and an MBA from the Ohio State University. Don enjoys his 6 children and 11 grandchildren, mission trips to the Dominican Republic, and is highly involved in his local church and YMCA. He is a sports enthusiast, enjoying fly fishing and bicycling and golfing. Don and his wife, Sara, and two children live in Greensburg, PA.
Note: He currently serves on the following Board of Directors: Prototype Productions Inc. Venture Holdings, LLC, LLC, kWantera, Inc., INDIGO Bioscience, Inc. and kWantix Trading Fund I.