Lamont Companies

About Lamont Companies

Lamont Companies, also known as Lamont Single Family Office, is a single-family office in Aberdeen, South Dakota, that manages the wealth of founder Jeff Lamont and his family. Its roots go back to 1998. Over two decades ago, Lamont started developing, building and operating franchised hotels, restaurants, convention centers, apartment developments, strip malls and casinos throughout the United States. The office still concentrates on hospitality-related investments and newly built properties. It also looks to grow the family's wealth by sourcing new businesses, private equity investments, real estate holdings and other opportunities, and it will co-invest in development projects and long-term retail and hospitality ventures. In October 2016, Lamont made a direct investment in Holiday Inn Express and Suites Hotel, a hotel brand with four collections (luxury & lifestyle, premium, essentials, and suites), 16 brands and 6,000 destinations, described as affordable yet luxurious and offering a choice to save or splurge across its global destinations. Lamont Companies has a record of optimizing investment returns under varied market conditions while consistently exceeding industry benchmarks. It additionally owns several land and bank holding companies in South Dakota, North Dakota and Minnesota.