# Alex Sloane & Matt Perelman – Buy-and-Build Playbook in the Core Economy at GSP (EP.499) Page: https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998/alex-sloane-matt-perelman-buy-and-build-playbook-in-the-core-economy-at-gsp-ep-499 Text version: https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998/alex-sloane-matt-perelman-buy-and-build-playbook-in-the-core-economy-at-gsp-ep-499.md Podcast: [Capital Allocators – Inside the Institutional Investment Industry](https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998) Published: 2026-04-27T08:00:00+00:00 Episode link: https://tedseides.libsyn.com/alex-sloane-matt-perelman-buy-and-build-playbook-inthecore-economyat-gsp-ep499 Audio file: https://pscrb.fm/rss/p/traffic.libsyn.com/secure/tedseides/CA_-_Sloane__Matt_-_AUDIO_V1.1.mp3?dest-id=482814 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/capital-allocators-inside-the-institutional-investment-industry-222998/episodes/alex-sloane-matt-perelman-buy-and-build-playbook-in-the-core-economy-at-gsp-ep-499 Duration seconds: 3837 ## Resource Alex Sloane and Matt Perelman are co-founders of Garnett Station Partners, a $4 billion private equity firm focused on buy-and-build investments in founder-led, core economy businesses. Alex and Matt are lifelong friends who took an unconventional path out of business school, acquiring a 23-unit Burger King franchise in North Carolina that they scaled to 1,100 locations before selling it back to the franchisor. That operating experience became the foundation for their investment firm. Our conversation traces that evolution from operators to investors. We discuss their "shared desk" partnership and culture of debate, and the Garnett Station playbook, from sourcing "lighthouse" businesses and moving quickly in fragmented markets to building diversified platforms through disciplined capital allocation. We also cover lessons from scaling through cycles, the role of speed and integration in buy-and-build strategies, and how they think about risk, exits, and long-term value creation. Learn more about our Strategic Investments: Ascension. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership Editing and post-production work for this episode was provided by The Podcast Consultant ( ⁠ https://thepodcastconsultant.com ⁠ ) ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/capital-allocators-inside-the-institutional-investment-industry-222998/episodes/alex-sloane-matt-perelman-buy-and-build-playbook-in-the-core-economy-at-gsp-ep-499/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/capital-allocators-inside-the-institutional-investment-industry-222998/alex-sloane-matt-perelman-buy-and-build-playbook-in-the-core-economy-at-gsp-ep-499.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.