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Savage Grant
Savage Grant is an investment firm committed to growing businesses throughout Appalachia. Its goal is to achieve market rate returns while tackling some of the...
Savage Grant
Savage Grant is an investment firm committed to growing businesses throughout Appalachia. Its goal is to achieve market rate returns while tackling some of the region’s toughest problems. It has a proven track record of building and revitalizing businesses and seeks to launch or acquire stand-alone or bolt-on businesses within central Appalachia.
General information
Firm type
Private Equity
Year founded
2013
Location
Region
North America
Country
United States
City
Huntington
Corporate office
Huntington, WV, United States
Additional offices
Charlotte, NC, United States
Principals
Patrick J. Farrell
Founder and President
Sector focus
Frequently asked questions
Who runs investment decisions at Savage Grant?
Patrick J. Farrell, the firm’s founder and president, is responsible for investment decisions. He manages the firm’s strategy of acquiring and incubating businesses in Appalachia, serving as president of portfolio company Service Pump and Supply, and co-founding the tech consultancy Mountain Point. Farrell’s professional background includes service as an F-15E Weapons Systems Officer and an MBA from Duke University.
How does Savage Grant source its deals?
Savage Grant sources deals through a thesis-driven, regionally-anchored network in central Appalachia. Its “Request for Startups” model invites entrepreneurs building solutions to local problems to submit ideas directly to the firm. Connections through the West Virginia Chamber of Commerce and Farrell’s role as mayor of Huntington also provide on-the-ground deal flow visibility.
Which sectors does Savage Grant explicitly avoid?
Savage Grant does not publish an explicit exclusion list. Its stated focus areas — energy and environment, technology, and entrepreneurship for impact — imply a preference for industrial, water-infrastructure, and enterprise-software businesses. The firm’s public communications suggest it avoids sectors that do not address Appalachia’s core infrastructure and employment challenges.
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