Team

The People Behind The Firm

Operators first. We have sat across the table from founders as buyers, bankers, and integrators and built this firm around what we wish existed.

Meet Our Partners

Ironbark Partners is a founder-led firm in every sense. Before we built this firm, we ran commercial organizations, sat in boardrooms during M&A transactions, and watched how the wrong kind of capital partner erodes the things that made a business worth buying. We bring that experience to every conversation.

We work with a select network of capital providers, sector advisors, and operators who share our conviction that the right deal is only the beginning.

Rajan Luthra

Rajan Luthra

Founder & Managing Partner

Rajan Luthra is Founder and Managing Partner of Ironbark Partners, a firm dedicated to partnering with established, founder-led businesses through disciplined capital, operational expertise, and long-term strategic commitment.

Sanjay Bhatia

Sanjay Bhatia

Co-Founder & Partner

Sanjay is a strategist, corporate developer, entrepreneur, and investor with over 25 years in the Oil & Gas and broader energy industry. He founded Ironbark Partners to offer founders of exceptional small businesses something the traditional private equity world rarely delivers: a true long-term partner who protects what makes a business special rather than dismantling it for short-term returns.

Let’s talk

Ready To Explore Your Next Chapter?

No pressure. No pitches. Just a conversation about what you've built and what comes next.