# Tanner Ainge

> Tanner Ainge is the founder and CEO of Banner Capital, a Utah-based private equity firm partnering with founder-led and family-owned businesses in the Western United States. His career includes investing at HGGC, acquisition law at Kirkland & Ellis, corporate M&A work, and service on the Utah County Commission from 2019 to 2021. Banner focuses on the lower middle market and operates from Utah and Arizona.

- **Role:** Founder & Chief Executive Officer at Banner Capital
- **Organizations:** Banner Capital, HGGC, Kirkland & Ellis LLP, Simplus, Utah County Board of Commissioners, Utah Army National Guard, Utah Governor’s Economic Development Board
- **From:** Boston, United States
- **Nationality:** American
- **Education:** Bachelor of Arts in International Studies, Brigham Young University, Juris Doctor, Northwestern University School of Law
- **Known for:** Founded Banner Capital, which reports $611 million in assets under management as of June 30, 2026., Banner announced Fund I with more than $400 million in capital commitments in June 2025., Helped lead Simplus’s acquisition strategy through its March 2020 transaction with Infosys.

## Career timeline

- **Early career** — Worked in private equity at HGGC and subsequently in M&A law at Kirkland & Ellis.
- **2016** — Started Prelude Partners to pursue acquisitions of family-owned businesses.
- **2017** — Ran in the Republican primary for Utah’s 3rd Congressional District; John Curtis won.
- **2018–2020** — Led Simplus’s M&A strategy, including international acquisitions and its March 2020 merger with Infosys.
- **2019–2021** — Served on the Utah County Board of Commissioners.
- **2020** — Founded Banner, according to the firm’s current About page.
- **2021** — Resigned from the county commission and was appointed to Utah’s economic development board.
- **2025** — Banner announced its Fund I continuation vehicle and launched Fund II.
- **2026** — GCM Grosvenor announced anchor backing for Banner Capital Fund II.

## Achievements

- Founded Banner Capital, which reports $611 million in assets under management as of June 30, 2026.
- Banner announced Fund I with more than $400 million in capital commitments in June 2025.
- Helped lead Simplus’s acquisition strategy through its March 2020 transaction with Infosys.
- Elected to the Utah County Commission after the unsuccessful 2017 congressional primary campaign.
- Banner obtained GCM Grosvenor Elevate backing for Fund II in June 2026.

## Latest updates

- **2026-10** — Banner announced an agreement to acquire Seaway Plastics Engineering, MME Group, and Wright Engineered Plastics. The announcement says closing is expected in Q4 2026, subject to conditions; it does not report a completed acquisition.
- **2026-06** — GCM Grosvenor announced its Elevate partnership with Banner and anchor capital for Fund II on June 25.
- **2026-06** — Banner published a link to GCM Grosvenor’s eight-question founder interview with Ainge on June 29.
- **2025-08** — Banner announced a Phoenix office opening.
- **2025-06** — Banner announced Fund I’s recapitalization and the launch of Fund II with a $200 million target.

## Links

- Website: https://bannercap.com
- LinkedIn: https://www.linkedin.com/in/tainge
- Twitter/X: https://x.com/tannerainge

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Profile page: https://yespress.io/tanner-ainge
Published by YesPress — https://yespress.io
Last updated: 2026-10-09