Garnett Station to Accelerate Investment in Child Education and Enrichment Markets
NEW YORK–(BUSINESS WIRE)–Garnett Station Partners (“Garnett Station”), a New York-based principal investment firm that manages $2.2 billion of assets, today announced that Justin Nihiser has joined the firm as Operating Partner. Mr. Nihiser will work with the Garnett Station investment team to execute its growth strategy in the Child Education and Enrichment markets.
Nihiser comes from a diverse professional background and is an accomplished private equity-backed executive. He was the former CEO of Code Ninjas, the world’s largest kids coding franchise, where he supported the growth of the business from 220 to 400 locations in three countries. Prior to this, he served as Chief Operating Officer of Brain Balance Achievement Centers, a 100+ unit children’s education franchise, as well as the VP of International Operations and Development at School of Rock, a 350+ unit children’s music franchise.
“We are thrilled to have Justin onboard as we accelerate our strategy in the youth enrichment and education spaces. They are large, fragmented and growing markets that align with our investment focus and playbook,” said Alex Sloane, Co-Founder and Managing Partner of Garnett Station.
Mr. Nihiser added, “GSP’s sharp eye for emerging consumer categories and their expertise in growing both franchisors and company owned units are an excellent fit with my experience. Together, I am confident we will find new ways to drive amazing businesses in the sector for the benefit of customers and children.”
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 and wellness, automotive, and food and 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