Founded in 2008 by Tagg Romney, Eric Scheuermann, and Spencer Zwick, and in partnership with Mitt Romney (who stepped down in 2019 to join the U.S. Senate), Solamere provides a vehicle that aims to enable CEOs and industry leaders to pool both their capital and their networks to source and add value to private investment opportunities.
We believe this strategic network of investors provides many advantages, including the ability to invest patiently for the long-term, to be creative in structuring either minority or majority transactions, and to leverage the Solamere network of investors as we seek to create meaningful value for our portfolio companies. The Solamere network is highly engaged and willing to assist companies in industries where they have deep knowledge and experience.
Solamere has a committed capital structure from strategic investors representing many major industries, including consumer goods, healthcare, business services, transportation and logistics, retail, restaurant and food, hospitality, industrials, and financial services.
Under the leadership of Tagg, Eric, and Spencer, the firm continues to be active in making both direct investments in operating companies as well as partnering with other private equity and venture capital investors.