Garnett Station Partners (Garnett Station), a New York-based private investment firm, has held the final close of GSP 5.0 Fund (Fund 5), with total committed capital of $1.2bn, taking the firm’s total assets to over $3.5bn.
Fund 5 was significantly oversubscribed and closed at its hard cap in just four months, with commitments from a diverse group of both new and existing investors.
With Fund 5, GSP will continue to execute its focused investment strategy, partnering with founders and management teams to scale businesses across its core sectors of consumer and business services, health & wellness, automotive, and food & beverage. The successful close of GSP’s fifth fund – and largest fund to date – demonstrates sustained investor confidence in the firm’s investment strategy and value creation playbook.
Since its launch in 2013, Garnett Station Partners has become the partner of choice for multi-unit and consumer services businesses by providing the capital and strategic expertise necessary to streamline business operations, scale faster and better serve customers.
Kirkland & Ellis served as legal partner for the Fund. Houlihan Lokey acted as exclusive placement agent for the Fund.
