SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Montage Partners, a people-first private equity firm based in Scottsdale, Arizona, is pleased to announce the opening of its new Salt Lake City office. This is the second location for the firm, with plans to add additional offices in the future.
Headquartered in Scottsdale since 2004, the firm is expanding to reach more founders and management teams. With one of the fastest-growing economies in the country, Salt Lake City was a clear choice for the second office. Additional locations are planned, as Montage Partners continues to grow its geographic footprint nationwide.
Chris Norwood, Vice President at Montage Partners, relocated to Salt Lake City last year and will lead the new office in growing the firm’s investment portfolio.
“Utah is a unique market, driven by a robust entrepreneurial culture and strong growth trends,” said Norwood. “We believe the market is an ideal fit for Montage Partners, and we look forward to building strong relationships here for decades to come.”
The first new hire for the Salt Lake City office is Hayden Gehring, who joined the firm as an Associate in September. Hayden is responsible for financial modeling, due diligence, industry research, and screening new investment opportunities. Before joining Montage Partners, Hayden was an Analyst in the investment banking group at Bank of America in the Charlotte office, where he focused on leveraged buyouts and other sponsor-backed transactions across a variety of industries.
“I’m excited to join Montage Partners as we venture into this new market,” said Gehring. “The culture of respect and excellence within the firm and for the companies they invest in drew me to Montage Partners. I’m eager to help grow that culture here in Salt Lake City.”
Founded in 2004, Montage Partners has invested in 19 companies to date and focuses on helping founders build internal resources to accelerate growth through strategy, marketing, acquisitions, recruitment of key leadership positions, and accounting and finance. Montage Partners was recently named to Inc.’s 2023 List of Founder-Friendly Investors and is also a signatory of the United Nations-supported Principles for Responsible Investment, a global network of institutional investors working together to put responsible investment into practice.
About Montage Partners
Founded in 2004 and headquartered in Scottsdale, Arizona, Montage Partners is a people-first private equity firm dedicated to helping established businesses reach transformative growth. Montage Partners invests in companies headquartered in the U.S. or Canada with $1.5 million to $7 million in EBITDA across the business services, consumer, healthcare, industrial, and technology sectors. Above all other investment criteria, Montage Partners invests in exceptional people. Montage Partners has offices in Scottsdale, Arizona and Salt Lake City, Utah.