meet our
Directors

The Team That Makes Extraordinary Exits™ Possible

Wendy van Donkelaar

Director

Wendy van Donkelaar is a Director at STS Capital Partners, where she supports deal team activity across North America. She is a seasoned business leader with more than 30 years of experience in finance, operations, and mergers & acquisitions, with a proven record of delivering growth and maximizing enterprise value. Known for her ability to thrive in high-growth and entrepreneurial environments, Wendy has developed a reputation for aligning financial strategy with operational execution to create sustainable success.

Wendy van Donkelaar

Throughout her career, Wendy has raised over $500 million in private equity and venture debt financings and has been directly involved in M&A transactions exceeding $1.5 billion. Her deal experience spans industries including B2B and B2C, technology, manufacturing, financial services, and consumer packaged goods. Wendy’s expertise covers the full transaction lifecycle – leading due diligence, structuring complex financings, managing negotiations, and planning post-deal integrations – ensuring that every transaction delivers both premium valuations and long-term value creation.

Her executive leadership includes serving as CFO and COO at MAKE Technologies and at Immersive Media, where she was instrumental in driving both companies through successful, high-value strategic exits to global buyers during her tenure.

These transactions demonstrated her ability to position companies for premium outcomes, delivering significant shareholder returns while ensuring long-term growth opportunities post-acquisition. In addition, Wendy serves as Partner at Square Root Consulting, where she advises clients on financial strategy, capital structures, and growth planning.

Her core expertise spans financial and operational management, strategic planning, exits, FP&A, forecasting, analytics, KPIs, and contract negotiations. She is valued for her ability to collaborate seamlessly with founders, investors, and strategic buyers, combining a relationship-driven approach with a sharp focus on results.

Wendy is widely recognized for her ability to bridge strategy and execution, ensuring that both investors and operators achieve their objectives through successful transactions.

Wendy holds a Bachelor of Business Administration in Finance from Simon Fraser University and is a Chartered Accountant.

Press Releases

Pursant Founder Mark Herbick Joins STS Capital Partners as Chief Executive Officer 

November 2, 2026

STS Capital Partners is pleased to announce that Mark Herbick has been appointed Chief Executive Officer, effective November 1, 2026, as Pursant, the firm he founded, joins forces with STS. A serial e…

Press Releases

Steve Weclew is Appointed by STS Capital Partners as Managing Director

October 29, 2026

We are pleased to announce the appointment of Steve Weclew as a Managing Director.  A CPA by training, former public-company CFO, and co-founder and CEO of an acquisition-led platform, Steve brings…

Press Releases

Former Goddard Enterprises Managing Director Anthony Ali Joins STS Capital Partners as Managing Director and Partner  

October 19, 2026

STS Capital Partners is pleased to announce that Anthony Ali is joining the firm as Managing Director and Partner, bringing extensive international leadership experience and a proven track record in b…

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Thought Leadership

If You’re Considering an ESOP, Run a Competitive Process

October 15, 2026

Why founders should apply the same process to an ESOP as they would to any other buyer. For many founders, the decision to explore an Employee Stock Ownership Plan (ESOP) is not driven by valuation…

Press Releases

Claude Zdanow is Appointed by STS Capital Partners as managing director

September 30, 2026

We are pleased to announce the appointment of Claude Zdanow as a Managing Director.   A public-company CEO, serial founder, and M&A principal, Claude brings nearly two decades of experience building…

Thought Leadership

Building for an Extraordinary Exit™ Starts on Day One

September 15, 2026

Founders rarely begin building a business with an exit in mind.  The early years are consumed by proving an idea, winning customers, preserving cash and creating momentum. Decisions about governance…

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