Single Family Office

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One10

One10 was established in 2010 by Tom Gartland following the sale of Arizon Companies, a commercial HVAC manufacturer he led for over two decades.

One10

One10 was established in 2010 by Tom Gartland following the sale of Arizon Companies, a commercial HVAC manufacturer he led for over two decades. The office is headquartered in Minnetonka, Minnesota, and represents the Gartland family's transition from industrial manufacturing into technology and services investing. The firm operates with a dual strategy: acquiring controlling stakes in founder-owned software and services businesses, while also making minority venture investments in earlier-stage companies within its areas of expertise. Portfolio allocations span enterprise software, field-service automation, loyalty and incentive platforms, and marketing technology. Confirmed holdings include One10 Inc., a corporate incentives and performance improvement company formed through the roll-up of several acquired assets, including BI Worldwide's performance improvement division and ITA Group's events business. The firm also holds positions in WorkWave, a provider of field-service and fleet-management software (per public record), and has exposure to the real estate sector through industrial holdings rooted in Gartland's manufacturing background. One10 operates primarily from its Minnesota headquarters with a concentrated team that combines operational executives and investment professionals. The group's most visible vehicle is the operating company One10 Inc., which itself has made over a dozen acquisitions in the loyalty, incentives, and travel management space. In 2018, the firm completed the acquisition of ITA Group's events and engagement division, consolidating its position in the corporate incentive market (per the firm's official communications). Philanthropic activity flows through the Gartland Family Foundation, which makes grants in the Twin Cities area focused on education and human services. Structurally, One10 diverges from typical single-family offices by housing an active operating subsidiary alongside its investment function. While many family offices make passive limited-partner commitments, One10 takes operational control in its core services businesses and retains a board-level, strategic-influence posture in its venture portfolio. This blend of operator and allocator roles reflects Gartland's own career path — a hands-on manufacturer turned dealmaker — and gives the office unusual latitude to pull acquired companies into shared sales channels and back-office infrastructure.

Website
one10.com

General information

Firm type

Single Family Office

Year founded

2010

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Minnetonka

Corporate office

Minnetonka, MN, United States

Principals

Tom Gartland

Chairman

Sector focus

Enterprise SoftwareIndustrial TechBusiness ServicesReal Estate

Frequently asked questions

Who runs investment decisions at One10?

Tom Gartland, as Chairman and founder, drives the firm's investment strategy. He built One10 after decades leading Arizon Companies, a commercial HVAC manufacturer he ultimately sold, and is known to take a direct, operator-oriented role in vetting both acquisitions and venture-stage opportunities.

How is One10 related to One10 Inc., the incentive and rewards company?

One10 Inc. is a portfolio operating company founded by Tom Gartland through the roll-up of several acquired businesses in the performance improvement and incentive travel space, including assets from BI Worldwide and ITA Group. The family office, One10, serves as the parent entity and investment vehicle that owns and governs the operating company alongside its other investments.

Does One10 participate in fund commitments or only direct deals?

One10's known activity shows a preference for direct deals — both controlling acquisitions in services businesses and minority venture stakes. The firm has not publicly disclosed a fund-of-funds program, and its operational DNA suggests a focus on direct, influenceable positions where Gartland's own experience can shape outcomes.

What sectors does One10 typically target?

The firm concentrates on enterprise software, field-service technology, business services, and marketing and incentive platforms. The unifying thread across the portfolio is founder-led businesses in verticals Gartland understands from his own operating history — industrial logic applied to software and services.

Where does the underlying wealth come from?

The wealth originated with Tom Gartland's sale of Arizon Companies, a St. Louis-area commercial HVAC manufacturer he led as CEO and majority owner before exiting. The proceeds from that transaction provided the capital base for One10's formation in 2010.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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