What Solamere Capital does

Solamere Capital is a multi-strategy private equity investment firm founded in 2008 by Tagg Romney, Eric Scheuermann, and Spencer Zwick in partnership with Mitt Romney, who stepped down in 2019 to join the U.S. Senate. The firm is headquartered in Boston with a New York office and operates a committed-capital structure backed by a network of 200+ strategic investors, families, business owners, and senior executives collectively branded as the Executive Partner Group. Solamere targets growing founder and family-led businesses with EBITDA greater than $7 million, executing both direct investments in operating companies and partnerships with other private equity and venture capital investors.

The firm does not maintain disclosed proprietary technology platforms; its core offering is investment management services and network facilitation. Distribution and deal sourcing are conducted entirely through direct relationships — the Executive Partner Group actively participates in deal origination, evaluation, and post-investment value creation, with member executives drawn from Traeger Grills, TPG Capital, KKR, Dollar General, Acosta, Panda Restaurant Group, Marriott International, Walmart, Staples, Visa, DIRECTV, Walgreens, Sun Microsystems, and Fairfax Financial. Paul Ryan serves as Partner & Chair of the Executive Partner Group, and a dedicated Head of Business Development manages family-office relationships.

Solamere generates revenue through private equity fund management, with a four-person finance/controls function (CFO/CCO James Killian, plus two Fund Controllers and a Staff Accountant) supporting fund operations. Pricing and management-fee terms are not publicly disclosed and are negotiated individually with limited partners. The firm has been steadily expanding its investment team, adding multiple associates across 2022-2025, and formalized its New York office presence in early 2024.

Name

Solamere Capital

Legal name

Solamere Capital, LLC

Website

https://solamerecapital.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Solamere Capital is a multi-strategy private equity firm founded in 2008 that invests in founder and family-led businesses with EBITDA above $7 million, leveraging its 200+ executive-limited-partner network for deal sourcing and value creation.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Capital Introducers (PE/VC/Private Credit) (FSAEAMAE)

Keywords

• Private equity investing
• Growth equity investments
• Founder-led investments
• Portfolio management
• Investment management

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Private Equity Investment Management: Solamere Capital generates returns through direct investments in operating companies and partnerships with other private equity and venture capital investors. The firm leverages its network of 200+ strategic investors to source and drive value in private investments, with a committed capital structure allowing for patient, long-term investment horizons.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Solamere Capital is a multi-strategy private equity investment firm that partners with and invests in growing founder and family-led businesses with EBITDA greater than $7 million. The firm provides a vehicle enabling CEOs and industry leaders to pool capital and networks to source and add value to private investment opportunities, making direct investments in operating companies and partnering with other PE and VC investors.

Product overview

Solamere Capital is a multi-strategy private equity investment firm that provides investment vehicles enabling CEOs and industry leaders to pool capital and networks for sourcing and adding value to private investment opportunities. The firm does not offer distinct technology products or modules; its offering consists of private equity fund management and strategic network facilitation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Equity Investment Management

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Welsh, Carson, Anderson & Stowe: Established US private equity firm focused on healthcare and technology. Comparable to Solamere in targeting founder-led, partnership-style investments with concentrated sector expertise and a strong operating-partner network; Rob Polakoff joined Solamere from this firm.
• Olympus Partners: Middle-market private equity firm investing in consumer, business services, and healthcare. Comparable to Solamere in targeting profitable founder-led businesses with similar EBITDA thresholds and flexible minority/majority transaction structures; Rob Polakoff was previously VP here.
• CIC Partners: Middle-market consumer-focused PE firm. Comparable in targeting profitable founder-led businesses in the lower middle market, with similar relationship-driven deal sourcing and family/owner transition focus; Tanner Montgomery joined Solamere from CIC.
• Abry Partners: Boston-based middle-market private equity firm focused on media, communications, and business services. Comparable in scale and approach to founder-led, lower middle-market investments; Tyler Smith worked at Abry prior to Solamere.

Broad incumbents

• Bain Capital: Boston-based global private investment firm. Comparable as a Boston-headquartered PE competitor targeting similar founder-led and family-owned businesses, but with substantially greater AUM, brand, and institutional infrastructure; multiple Solamere team alumni previously worked there.
• Berkshire Partners: Boston-based middle-market private equity firm. Comparable as a Boston PE competitor operating in the same lower middle-market, founder-led segment, but with significantly larger AUM and a longer institutional track record.
• Audax Group: Boston-based middle-market PE firm focused on buy-and-build strategies in founder-led businesses. Comparable in target segment and Boston footprint, but with a build-up-focused model versus Solamere's flexible partnership approach.
• TPG Capital: Global private investment firm where Dick Boyce (Solamere Executive Partner Group member) previously led TPG's Operating Group. Comparable as a PE firm leveraging an executive operating bench, but at vastly larger scale and global footprint.
• KKR: Global private equity firm where Michael Calbert (Solamere Executive Partner Group member and Chairman of Dollar General) was previously Senior Partner leading global retail PE. Comparable as a large PE firm with an executive operating-partner model, but at vastly larger scale.
• Apax Partners: Global private equity firm where Vaibhav Saraiya (Solamere Partner) previously worked. Comparable as a global PE firm investing in mid-to-large founder-led businesses, but with significantly greater AUM, international footprint, and sector specialization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solamere Capital