Quazar was founded in 1990 by Bruce Behm. Bruce passed away in 2021, and he’s greatly missed by all who knew him. While he may no longer be with us, his legacy and the positive impact he had on the Quazar team and the Upper Midwest M&A community will live on forever.
Prior to founding Quazar Capital Corporation and leading the business for 31 years, Bruce was Senior Vice President of Sales and Marketing for Churchill Business Credit. Churchill specialized in asset-based lending for companies involved in mergers and acquisition, turnaround, and fast growth situations.
Prior to Churchill, Bruce served as Vice President of Corporate Banking and managed the Middle Market Commercial Lending Division of First Minnesota. Bruce was the first Loan Officer hired in their start-up operation. The Corporate Banking Department was approaching $300 million in loans and lines of credit before they were acquired by Norwest Bank.
Before First Minnesota, Bruce served as Account Executive with Commercial Credit Business Loans, focusing on mergers and acquisition financing in the Assets Based Lending Division, loan transaction size ranging from $2-$25 million. Bruce spent a total of eleven years with Commercial Credit in various lending and management positions in Utah, Washington, California, Oregon, and Minnesota.