Station Partners

Station Partners

Station Partners operates from Morristown, New Jersey, targeting profitable lower middle market businesses across the United States. The firm deploys control equity for buyouts, recapitalizations, and growth investments that require equity alignment from management. It works through a deliberately maintained network of business brokers, M&A advisors, accountants, and attorneys to source deals. The firm is industry-agnostic but applies a formulaic process to analyze industry trends, company culture, and capitalization before writing a check. Current portfolio companies span commercial landscaping (Granite Hills Group), logistics (Evolve Logistics Group), outdoor recreation (River Riders), behavioral health (COR Health Services, First Children Services), technology consulting (Ark Technology Companies, Arketi), financial services (Source One Financial Services), and medical imaging (Molecular Imaging Technologies). The geographic footprint centers on U.S. companies and the firm emphasizes a people-first ethos combined with institutional processes. Station Partners is led by Kreamer Rooke, Ryan Kelly, Tristan Stowell, and Michael Bernardi, supported by an investment committee that includes Matt Bailey, Marty Becker, Jake Beinecke, Steve Knightly, and Taylor Rooke. The firm states its team carries nearly 50 years of combined lower middle market experience. No fund sizes or total capital deployed are publicly disclosed. Structurally, Station Partners functions as a classic lower middle market private equity firm with an explicit long-term, portfolio approach. Its differentiator sits in the formulaic investment thesis it develops for each deal — blending industry analysis, company culture assessment, and capitalization planning — and its heavy reliance on a curated network of intermediaries rather than auction processes to source control opportunities in the sub-$40 million revenue band.