Banner Capital is a lower middle market private equity firm founded in 2020 with $686M in assets under management. With offices in Utah and Arizona, we focus on founder-led and family-owned businesses across the Intermountain West.

We invest in essential industries that form the backbone of the U.S. economy—services, industrial, consumer, and healthcare. Since inception, we’ve partnered with more than a dozen businesses ranging from healthcare packaging and residential services to e-commerce and infrastructure.