DRY LINE PARTNERS LLC
DRY LINE PARTNERS LLC is a buyout, debt and other fund in the US, Canada, Europe, Australia and New Zealand investing in Enterprise and recurring-revenue-technology.
- Stages
- buyout, debt, other
- Sectors
- Enterprise, recurring-revenue-technology
- Invests in
- US-wide, Canada, Europe, Australia, New Zealand
- Actively investing
- Yes
- Founded
- 2020
- Website
- drylinepartners.com
Check size not disclosed
Thesis
Dry Line Partners LLC (DLP) is a private equity firm founded in 2020, specializing in the acquisition and operation of market-leading, B2B recurring revenue technology companies. Their strategy involves identifying underperforming software businesses, often with an enterprise value around $100 million, and acquiring them at deep-value prices (1-2x sales or 4-7x EBITDA minus CapEx). DLP focuses on durable, recurring-revenue technology businesses, primarily in North America, but also in Europe, Australia, and New Zealand. They operate on a deal-by-deal basis, acquiring 'unloved' assets from large corporations or those at the end of PE/VC fund lives.
Common questions
Does DRY LINE PARTNERS LLC invest at the buyout stage?
Yes. DRY LINE PARTNERS LLC lists buyout, debt and other among the stages it invests in.
Where does DRY LINE PARTNERS LLC invest?
DRY LINE PARTNERS LLC invests in the US, Canada, Europe, Australia and New Zealand.