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Tamarak Capital expands team with two new partners

Springville — Tamarak Capital added two accomplished partners to their growing family office. Veteran entrepreneur Randy Garn joined as an operating partner, and seasoned venture capital and private equity investor Aaron DeRose, founder of Swell Capital, has joined as a venture partner.

Keaton Hatch, CEO of Tamarak Capital, noted the benefits the two new partners bring. “We are so lucky to have people of this caliber interested in our purpose. Randy is the master of developing deep relationships and has advised startups across the country, and Aaron has been among the most active investors in our community, working with top-tier companies, entrepreneurs and fund managers.” Hatch continued, “The perspective they bring to this team is unmatched in Utah.”

Randy Garn has been awarded the Entrepreneur of the Year by Ernst & Young, was named a Forbes 40 Under 40, is a VIP contributor and advisor with Entrepreneur Magazine, and is a New York Times bestselling author. Garn co-founded the High Performance Institute and serves as a board advisor to many high-growth companies like Solution Stream and is also an alumnus of both Brigham Young University and Harvard University. As an operating partner, he will bring a focus on leadership, growth strategy, innovation and key business relationships to Tamarak.

Garn said of joining the team, “Tamarak innovates unlike any venture firm I’ve partnered with before. They create mutually beneficial relationships with their companies through services, support and structure that offer a huge value to entrepreneurs. Tamarak represents what I think is the future of venture capital; they engage deeply with cash, services and real value—a formidable combination that helps entrepreneurs in ways that very few firms can match. And their unique partnership with Malouf™ only deepens these abilities to execute with high-performing companies.”

Aaron DeRose has been an angel investor, family office partner, and fund manager for the past 15 years in Utah. He was a director at Mercato Partners, one of the state’s largest growth equity firms, for nearly nine years. At Mercato, he was a member of the investment committee, where he became involved with the boards of Skullcandy, Stance, CradlePoint, Goal Zero, and Steelhouse. Since that time, DeRose has been an entrepreneur, CEO and co-founder of Swell Capital. He is currently involved with boards of Kiln, Donde, and RIVN.

DeRose has relevant transaction and M&A experience in many industries, particularly technology, consumer products and e-commerce. Prior to his experience with Mercato Partners, DeRose was a corporate finance manager at Quiksilver, Inc. (NYSE: ZQK), where he was responsible for M&A activity and financial reporting. He also supervised team performance on quarterly forecasting and capital budgeting. Previously, he was senior consultant for giants like Sony, Disney, Qualcomm, and Vans, and was included in the 40 Under 40 list released by Utah Business Magazine.

“I’ve seen thousands of deals in my career and been involved in both early- and late-stage venture. What’s most exciting about becoming part of Tamarak is their family office structure,” DeRose said. “The way they operate creates proprietary access to compelling companies and delivers unique value for founders. They are quickly becoming a very relevant player in the Rocky Mountain venture community.”

To learn about all Tamarak partners, visit tmrk.com/team.

About Tamarak Capital

Founded in 2016, Tamarak is a venture-focused family office whose founding partners previously worked together to grow Profire Energy, a NASDAQ-listed oilfield technology company. Now, Tamarak combines its partners’ experience in scaling high-growth ventures with additional personnel resources (e.g., marketing, accounting, operations, etc.) to help each investment succeed. They invest in talented, curious, and teachable founders who run scalable ventures and inspire those around them. Learn more: www.tmrk.com.