# Saturn Five

Saturn Five is a Private Equity based in Denver, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Denver, United States
- **Region:** North America
- **Address:** Wheat Ridge, CO, United States
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** www.saturnfive.com
- **LinkedIn:** https://www.linkedin.com/company/saturnfive
- **Wikidata:** Q67662568

## Regulatory record

- **CRD number:** 322348
- **SEC file number:** 801-126812
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/322348

## About

Saturn Five is an SEC-registered investment adviser in Denver, CO, registered since 2022. The firm manages approximately $556 million in regulatory assets. It has 21 employees and 3 investment advisers.

## Sectors

- Real Estate
- Infrastructure
- Consumer
- Hospitality

## Offices

- Denver, CO
- Austin, TX

## People

- Max Anderson — Co-Founder
- Evan Loomis — Co-Founder
- Karen Barnes — Partner
- Jim Howey — COO
- Andrew Walker — CFO

## Questions

### Who runs investment decisions at Saturn Five?

Co-founders Max Anderson and Evan Loomis make the final call on acquisitions, supported by Partner Karen Barnes and a team of seven operating partners who lead due diligence and post-close management. Anderson spent time directing Bridgewater's investment leadership program before founding the firm, while Loomis runs parallel defense-tech investor Overmatch.

### Does Saturn Five operate like a traditional private-equity fund?

No. The firm intentionally structures itself as a long-term-hold operator, not a buy-and-flip GP. Its website describes the model as 'a redemptive alternative to traditional private equity,' and it underwrites deals to meet return thresholds without relying on near-term resale.

### What types of companies does Saturn Five acquire?

The firm targets profitable, cash-flowing small businesses in asset-heavy and infrastructure-adjacent service sectors. Confirmed holdings span excavation, electrical contracting, trucking, concrete, HVAC, plumbing, landscape construction, environmental remediation, whitewater rafting, and garden-center retail, concentrated in the Mountain West and Southeast.

### How does Saturn Five source deals?

Its pipeline is built entirely on founder-led sourcing and inbound reputation rather than a traditional broker-network auction model. The firm states it reviews thousands of opportunities annually and attributes its deal flow to being recognized as a strong, legacy-conscious buyer.

### What is Saturn Five's geographic footprint?

The firm has offices in Denver and Austin but invests nationally. Its portfolio companies operate in Colorado, Florida, New Jersey, Arkansas, Idaho, Illinois, and South Dakota, with a heavy concentration in Colorado's Front Range and mountain communities.

### How is Saturn Five related to Overmatch?

Saturn Five co-founder Evan Loomis concurrently runs Overmatch, a separate early-stage venture firm focused on critical technology, space, and defense. Overmatch handles startup-stage frontier-tech investments, while Saturn Five concentrates entirely on acquiring and operating small cash-flowing businesses.

## Related profiles

- [Saturn Advice](https://altss.com/profile/saturn-advice)
- [Saturn Partners](https://altss.com/profile/saturn-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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