#United States #Inc. #Salt Lake City #Banner Capital #Founder-Friendly

Banner Capital Management Secures Recognition on Inc.'s Prestigious List

On November 3, 2025, Banner Capital Management, LLC announced a milestone achievement by being named to Inc.'s prestigious 2025 Founder-Friendly Investor List. This accolade marks the second year in a row that Banner has received this recognition, underlining its continued commitment to fostering the success of founder-led and family-owned businesses.

The selection process for the annual list is both thorough and insightful, as Inc. directly engages with entrepreneurs who have partnered with private equity firms. Founders provide first-hand accounts of their experiences, detailing how their investments have facilitated growth and innovation within their companies. This feedback is pivotal to understanding the impact of private equity investments on small and mid-sized businesses.

Tanner Ainge, Founder and CEO of Banner, expressed gratitude for the honor, stating, “Being recognized by Inc. for a second year in a row reflects the deep relationships we’ve built with the founders, management teams, and family shareholders we’ve partnered with. We are thankful for a growing group of entrepreneurs who have chosen to build the next phase of their business together with us.”

Established as a strong player in private equity, Banner Capital focuses on investing in companies between $4 million and $15 million in EBITDA. The firm typically seeks transactions that range between $15 million and $50 million, ensuring a structured approach that maintains founder control and upholds corporate culture.

Since its inception, Banner has specialized in first institutional capital situations. The firm prides itself on its flexible capital approach, specifically designed to support growth, recapitalizations, and ownership transitions in the lower middle market across the Western United States. By targeting opportunities in sectors such as services, consumer goods, industrial operations, and healthcare, Banner is dedicated to backing businesses that exemplify strong entrepreneurial leadership.

As of September 30, 2025, Banner Capital Management manages assets totaling $653 million, affirming its position as a significant player in the private equity sector. The firm continues to devote its efforts toward building meaningful partnerships with family-owned and founder-led businesses, fostering growth while honoring the original vision and mission set forth by the founders.

About Banner Capital
Banner Capital is a private equity firm focused on investing in family-owned and founder-led businesses within the lower middle market across the Western United States. By leveraging a flexible capital approach, the firm is well-positioned to support initiatives for growth, recapitalization, and transitions of ownership.

For more information, interested parties can visit Banner Capital's website.

About Inc.
Inc. is a leading business media brand with over 40 years of history chronicling the fastest-growing private companies in the United States. Each year, it releases the Founder-Friendly Investors list, highlighting private equity firms that are instrumental in supporting and nurturing the growth of founder-led companies.

For details about Inc. and the Founder-Friendly list, visit Inc.com. This recognition not only celebrates firms that assist in scaling businesses but also ensures that the founders’ vision is preserved throughout their growth journey.