Jordan Bastable - Partner

Jordan began his investment career as an undergraduate when he cofounded a private investment firm, B&B Acquisitions, LLC, which was focused on creating long-term cash flow from real-estate investments. While in college, Jordan also worked for a multibillion-dollar hedge fund, where he experienced the day-to-day operations, deal flow, and investment management aspects of running an investment firm.

After graduation, Jordan joined FTI Consulting in their interim management group, where he restructured and helped save distressed multibillion dollar businesses. Capitalizing on his experience, Jordan was hired directly by one of his private equity clients, The Gores Group, to help carve-out the power supply division of Tyco which was renamed Lineage Power. At Lineage Power, Jordan was responsible for all financial reporting, planning, and analysis, as well as helping to secure financing, acquire and integrate industry competitors.

Jordan graduated from Texas Christian University with a BBA in Finance and Entrepreneurial Management. Jordan lives in Dallas with his wife, Emery, and two children, Avery and Davis.

 


Brooks Burgum - Partner

Brooks jumpstarted his career at the fast-paced Minneapolis Grain Exchange where he bought and sold futures in the trading pit “old school” style.  In 2007 Brooks joined a team at a firm called Gemstone Development, a commercial real estate developer, where he was responsible for helping the business secure more than $150M in debt financing along with strategically planning the future development sites for the company. 

Brooks is currently the Chief Executive Officer of the Arthur Companies, a $400M+ grain and agri-products company based in North Dakota, where he has been instrumental in helping transform and grow a 100-year-old family business. In addition to reorganizing the management structure and implementing a series of operational improvements and financial controls, Brooks built a new specialty commodities trading division, Anchor Ingredients, which has further diversified the family business.

Brooks graduated from the University of North Dakota with a BA in Political Science and later from Southern Methodist University with an MBA in Finance.  Brooks lives in Fargo with his wife, Taylor, and enjoys skiing, traveling and squash.  He is an active member of Big Brothers Big Sisters.


Will Dobbs - Partner

Will started his career in the Industrial Growth & Services investment banking group of Wachovia Securities in Charlotte, NC. While at Wachovia, Will worked on advisory services and capital market financings for clients in the building products and homebuilding industries and also designed and implemented a pilot offshoring program in India for the investment bank. After three years, Will transitioned to the buy side with Quad-C Management, a middle market private equity firm based in Charlottesville, VA that is currently investing its ninth fund. In his time at Quad-C Management, Will completed platform investments, add-on acquisitions, recapitalizations, and portfolio company divestitures, while also aiding the partnership group in their fundraising efforts.

While receiving his MBA, Will followed his passion for sports and joined the Strategy & Development group of the Chicago Cubs, where he worked with a small team to maximize value for the baseball club and related entities owned by the Ricketts family. Prior to joining LongWater, Will was a Vice President with Insight Equity, an operationally-focused middle market private equity firm based in Dallas/Fort Worth, TX, where he focused on sourcing and executing new investments and worked closely with portfolio company management teams to execute a variety of strategic and operational initiatives and pursue and integrate add-on acquisitions.

Will received his BSBA from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill and later went on to earn his MBA from the Kellogg School of Management at Northwestern University. Will lives in Dallas with his wife, Erin, and son, Fisher, and enjoys playing golf, snow skiing, and trying new restaurants.


Murphey Henk - Associate

Murphey launched his investment career as an undergraduate working for Luther King Capital Management, a $15 billion investment management fund located in Fort Worth, Texas. While in college, Murphey served as the Chief Operating Officer for the TCU Educational Investment Fund, a student managed endowment.

Upon graduation, Murphey joined J.P. Morgan as an investment banking analyst in the Consumer & Retail group, where he received broad experience in sponsor-backed transactions, including serving as the lead analyst on a dual-track IPO and sell side process for a multi-billion dollar corporation. Murphey was also involved in a wide range of transactions for other clients such as M&A advisory, divestures, initial public offerings, and debt restructurings.

Murphey graduated Magna Cum Laude from Texas Christian University with a BBA in Finance and minors in Accounting and Spanish. He currently serves as a board member on the Transaction and Investment Professionals Board (TIP Board) for his alma mater, where he mentors undergraduate students looking to enter the finance industry. Murphey is a lifetime Dallas resident, where he is actively involved in his church as well as philanthropic activities such as the Mission of Hope and the Concilio. Murphey enjoys outdoor activities and spending time with family and friends.


Cynthia Hollen - Digital Strategy

Cynthia is an e-Commerce entrepreneur and independent consultant, with deep experience working with dynamic retailers and manufacturers for online channel planning and implementation, marketing strategy and implementation, business intelligence, business plan development, and growth and distribution strategy. Cynthia began her career at Digital Marketing at Time, Inc. serving as the Manager of New Technology Solutions and Strategic Planning. Since then, Cynthia has served across numerous organizations in a variety of capacities, including Strategy Consultant, Chief Executive Officer, and Chief Revenue Officer. LongWater first started working with Cynthia in March 2017 on a Digital Strategy and Marketing engagement for M3 Glass Technologies. Cynthia’s consulting experience includes digital marketing and e-Commerce consulting engagements with Dow Jones, Pfizer, OfficeSupplies.com, Gold Toe Socks, Pizza Hut, Sears, HP, Microsoft, Barney’s, Bloomingdale’s, and Bed Bath & Beyond, among others.

Cynthia graduated Cum Laude from Barnard College with a Bachelor’s Degree in Computer Science and English and later went on to earn her MBA from The Wharton School of Business at the University of Pennsylvania.


Adam Keller - Operations Analyst

Adam began his career as an undergraduate working as an intern for The Arthur Companies, a grain and agri-products company, where he helped develop a strategy to acquire new customers in surrounding counties and also played a vital role in implementing the companies first CRM system that allowed for sales agronomists to better monitor and understand their current and future customers.

Adam graduated from North Dakota State University with a BS in Marketing and is currently pursuing an MBA in Finance. While at North Dakota State, Adam was an All-American placekicker and three-year starter for the Bison football team that won four straight National Championships during his career. Adam subsequently was invited to NFL mini-camps with the Minnesota Vikings and New Orleans Saints. Adam currently lives in Philadelphia, PA and enjoys golf, traveling and also volunteers as a coach for local youth sports programs. 


Philip Lea - Vice President of Business Development

Prior to joining LongWater, Phil worked in the Strategic Business Development group at 3M, a $30 billion manufacturing company based in St Paul, MN. During his time at 3M, he had a wide range of strategy, marketing, and business development responsibilities. He was instrumental in developing a long-term alliance between 3M and a privately held tool manufacturer, which has allowed the companies to leverage each other’s capabilities for more profitable growth. He was also heavily involved in strategic planning at both the corporate and business group levels, and led an initiative to improve the quality and efficiency of the strategic planning process.

Phil also has years of experience as a consultant, working for some of the largest hospital systems in the country. He was responsible for day-to-day project management, client relationship management, and the professional development of his team. He identified $50 million of underpaid claims, and his process improvement recommendations prevented his clients from losing hundreds of millions in future revenue.

Phil graduated from Duke University with a BA degree in Economics and Public Policy Studies and later earned an MBA from the Darden School of Business at the University of Virginia. He lives in Dallas with his wife Maggie and their dog Roux. He enjoys cooking Cajun food and even hosts an annual crawfish boil benefiting the Vasculitis Foundation.


Virginia Luchau - Executive Assistant

Virginia began her career as an Executive Assistant with the Customer Service & Support organization at Microsoft Corporation. While at Microsoft, Virginia had the privilege of assisting more than ten managers and their teams. Her responsibilities included calendar management, travel coordination, event organization, budget management, employee personnel processing, office space moves, and generally serving as a positive support resource across the team. Her most recent position was as lead assistant to a General Manager with a team of more than 1,000 employees. Her passion is providing support to others to help them accomplish their goals.

Virginia graduated from Mayville State University with a BA in Administrative Office Management and minor in Project Management. She lives in West Fargo with her husband, Nick, and two daughters, Brooklyn and Kourtney. She enjoys spending time with her family, exercising to Zumba, and reading a good book.


Tim Mason - Continuous Improvement

Tim began his career in operations at Hon Industries Inc. (NYSE: HNI), a leading global manufacturer of office furniture, serving as a Design Engineer, Kaizen Department Manager, and Factory Manager. Currently, Tim was the President and Founder of The Catalyst Associates, a lean operations and business strategy firm. Established in 2001, The Catalyst Associates works with large and small organizations to streamline their business processes to optimize results and increase bottom line revenue. Tim has successfully delivered results for organizations across a range of industries, including industrial, manufacturing, education, and hospital administration, to improve efficiency and reduce waste. Tim focuses on building proper business practices through training of strategic and tactical forms of Lean Operations and Manufacturing that can be applied to almost every organization looking to improve their profits, production, and presence to local or global customers.

Tim graduated from Iowa State University with a Bachelor’s Degree in Mechanical Engineering.


Sue Nelson-Holter - Human Resources and Talent Acquisition

Sue began her career at a privately held bank where she was responsible for building out the indirect financing arm of the business. Sue later joined Great Plains Software (acquired by Microsoft) following her passion for technology and teaching. During her 17-year career with the company, she gained experience in global operations, IT, support and services, acquisition integration, business process outsourcing management, and human resources. Her specialty within these departments focused on startup and turnaround initiatives. More recently, Sue, has served as the Director of Human Resources for The Arthur Companies, providing the human capital strategy for a leadership transformation, along with driving the HR foundation to build Anchor Ingredients. 

Sue graduated Cum Laude from the University of North Dakota with a BS in Public Administration and holds a Senior Certified Professional designation from the Society for Human Resource Management (SHRM-SCP). Sue lives in West Fargo with her husband, Nathan, and enjoys spending time with their dogs, travel, and reading.


Tim O'Keefe - Director

Tim is a successful entrepreneur with more than 35 years of experience leading retail, financial, and non-profit organizations. He began his business career as a McDonald’s franchisee in Bemidji, Minnesota, where he doubled sales in his first three years as the proprietor. Tim later went on to own and operate several other McDonald’s franchises in the region. Having a passion to give back to his alma mater, Tim spent 12 years serving as the Chief Executive Officer of the University of North Dakota Alumni Association & Foundation. Under Tim’s direction, annual fundraising increased by 500% and the very successful North Dakota Spirit Campaign was born, which resulted in the largest contributions in the University’s history and six consecutive record years of participation in giving. The campaign went on to raise nearly $325 million, well surpassing its $300 million goal.

Tim currently serves on the Corporate Governance Committee as a member of the board of directors of Otter Tail Corporation (NASD: OTTR), a diversified electric utility and manufacturing company. The board is responsible for providing strategic, fiduciary, and governance oversight for the $1.2 billion organization.

Tim graduated from the University of North Dakota and was also a member of the varsity hockey team. Tim currently lives in Grand Forks, North Dakota with his wife, Becky, and enjoys going to University of North Dakota hockey games, playing golf, traveling, and spending time with his four grandchildren.


Griffin Peavey - Associate

Griffin began his investment career as an undergraduate working for Great Range Capital, a middle market private equity firm located in Kansas City, KS. During his time as a student, Griffin also served as an analyst for the RedTire program, an advisory and valuation initiative designed to help serve rural Kansas business owners looking to retire and sell their businesses.

 

After graduation, Griffin joined Deloitte Corporate Finance as an investment banking analyst in Charlotte, NC. Over the course of his experience at Deloitte, Griffin served on a generalist platform, gaining exposure to a broad range of sell side M&A processes across a variety of middle market clients both in the U.S. and internationally. Griffin also participated in capital raise and mezzanine debt processes while at Deloitte.

 

Griffin graduated from the University of Kansas with a BS in Finance and a concentration in Entrepreneurship.  Griffin is a lifelong competitive swimmer who competed at the collegiate level and still swims recreationally in his free time. He currently lives in Dallas and enjoys spending time with family and friends, staying active outdoors, and keeping up with Kansas City sports teams.