Where We've Come From and Where We're Going
The GSP Origin Story
From its earliest days, GSP has been built based on its Core Values – Accountability, Analytical Rigor, Collaboration, and Entrepreneurship.
In 2013, KFC told us we were too young, too poor and too inexperienced to qualify as franchisees. They rejected our proposed purchase of 5 restaurants in Vermont.
Burger King looked past our shortcomings and allowed us to buy 23 distressed restaurants based in the Garnett Street Train Station in Henderson, North Carolina in exchange for our personal guarantees.
The company, Carolina Quality, Inc. generated limited cash flow, needed millions of dollars of renovations and a whole new management team. We saw a significant value creation opportunity.
We turned the business around, empowered a leadership team with big dreams and a rigorous capital allocation program and built Carolina Quality into one of the largest and fastest growing franchise companies in the country.
Today Garnett Station Partners, the investment firm we built with the support of world class investors, is built on this success, the obstacles we’ve overcome and all we’ve learned along the way.
We are entrepreneur investors who grew up together, went to school together and built Garnett Station Partners together.
We’re proud of the business we’ve built, the value we’ve created, and more than two dozen platform companies we’ve helped grow. And we’re just getting started…
The number of platform companies is pro-forma for GSP’ 4.0’s recent acquisitions that occurred post March 2023.