NEW YORK–(BUSINESS WIRE)–Garnett Station Partners, LLC (“Garnett Station”), a New York-based principal investment firm that manages over $2.2 billion of assets, today announced that Damola Adamolekun has joined the firm as an Operating Partner. In this role, Adamolekun will help identify new investment opportunities and drive innovation, value and efficiency within Garnett Station’s portfolio of brands.
Adamolekun brings over a decade of investment and corporate leadership expertise, specifically in the food and beverage sectors. Adamolekun most recently served as CEO of P.F. Chang’s from 2019-2023 where he led the company through the COVID-19 pandemic and spearheaded strategic growth initiatives.
“We are thrilled to welcome Damola, a recognized and respected innovator in the restaurant industry, to our team. Damola’s industry knowledge of operational excellence and growth strategies will be a tremendous value-add to our portfolio of brands,” said Alex Sloane, Co-Founder and Managing Partner.
Adamolekun added, “Matt, Alex and the entire Garnett Station team have an impressive track record of creating value and turbo-charging growth across all their brands. I am eager to continue the firm’s mission of partnering with exceptional companies and leadership teams across Garnett Station’s portfolio to help them reach their full potential.”
Adamolekun was formerly a Partner at Paulson & Co., a New York-based investment firm and the principal owner of P.F. Chang’s, where he sourced and managed several of the firm’s largest investments. Adamolekun previously served on the Board of Directors at P.F. Chang’s, Inday, the National Restaurant Association and International Tower Hill Mines and as a Board Observer for Bausch Health Companies. Adamolekun began his career working as an Investment Banking Analyst at Goldman Sachs and then as a Private Equity Associate at TPG Capital. He received a B.A. in Economics and Political Science from Brown University and an M.B.A. from Harvard Business School.
About Garnett Station Partners
Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages over $2.2 billion of assets. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Core sectors include consumer and business services, health & wellness, automotive, and food & beverage. Garnett Station’s culture is based on the principles of entrepreneurship, collaboration, analytical rigor and accountability. For more information, please visit garnettstation.com.
Dan Gagnier / Lindsay Barber