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Dry Creek Ventures: Business acquisition firm acquiring and managing lower middle-market businesses for long-term value, focused on recurring revenue.
Based in Washington, DC, Dry Creek Ventures is an investment firm that acquires and actively manages lower middle-market businesses to create long-term enterprise value and implement sustainable operational efficiencies. The organization specifically targets established companies that demonstrate predictable recurring revenue models, deliver value-added services or specialized products, and maintain strong competitive positions within their respective industries. As part of its core acquisition strategy, the firm structures transactions that provide flexible liquidity options for transitioning business owners who wish to significantly reduce their day-to-day management involvement while ensuring the preservation of their organizational legacy. Operating under a long-term holding model rather than a traditional private equity timeline, the firm executes its growth initiatives with financial backing from institutional investment partners such as WSC & Company. Dry Creek Ventures was officially established in 2017 by founding partner Tom Santi.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 21, 2010 | Lucid | $1.5M Series A | Dry Creek Ventures | — |