NEW YORK--(BUSINESS WIRE)--Garnett Station Partners (“Garnett Station”), a New York-based principal investment firm managing over $2.3 billion in assets, is pleased to announce the promotion of Joe Solano to Managing Director, Business Development. Since joining Garnett Station in 2022, Mr. Solano has played a key role in building the firm’s business development strategy and processes, managing the intermediary selection process for portfolio company transactions and working with the team to source deals across both established and new strategic sectors.
“Joe has helped build a robust business development organization, and we’re thrilled to announce his expanded role,” said Alex Sloane, Co-Founder and Managing Partner of Garnett Station. “Joe’s commitment to our core values and investment strategy has been instrumental in identifying and fostering relationships with companies and founders, solidifying GSP’s position as our industry’s preferred capital and strategic partner.”
Matt Perelman, Co-Founder and Managing Partner, added, "Joe has set a solid foundation for our business development future. With his promotion, we are poised for further expansion in our deal-sourcing efforts, supported by the strong framework he has established."
Recognizing his contributions, Mr. Solano was named one of the "2024 Private Equity BD Professionals to Watch" by Middle Market DealMaker, a prestigious accolade awarded to only 10 individuals from a pool of over 100 nominees. This honor highlights his significant impact at Garnett Station and his potential for future achievements.
Reflecting on his new role, Mr. Solano expressed, "My tenure at Garnett Station has been marked by a focus on targeted, thesis-driven investment opportunities, enhancing our reputation as the premier partner for America’s leading founders and entrepreneurs within our target industries. I am eager to continue this trajectory, fostering innovation and expanding our reach."
About Garnett Station Partners
Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages over $2.3 billion of assets. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Core sectors include consumer and business services, health and wellness, automotive, and food and beverage. Garnett Station's culture is based on the principles of entrepreneurship, collaboration, analytical rigor and accountability. For more information, please visit garnettstation.com.