Dye Capital & Company, private equity.

Our Approach

private equity, equity, partnership, investments, invest, companies, growth, innovation, speed

Great companies are built on humble leadership, understanding the voice of the customer, inspiring close teamwork, and fostering an environment of constant learning.

At Dye Capital, our relationships are built on these values and reinforced through trust and strong respect for operators and close partnership with our partner management teams.

We seek to build remarkable and well-respected companies. At Dye Capital, we focus on long-term capital investments to build sustained success through the years and decades, not quarters.


Portfolio Companies

Tella Digital, on-site digital experience advertising, content creation, data analytics.

Past Investments

idaho first bank


Justin Dye  In-2C-128px-TM

JD_New_HeadshotJustin has over 24 years of general management, operations, strategy, corporate finance, and M&A experience. Most recently, Justin was an integral part of a private equity consortium that acquired and created Albertsons Companies. While involved at Albertsons, Justin and team led over $40 billion in acquisitions, divestitures, and real estate transactions. Justin served as Chief Strategy Officer, Chief Operating Officer and Chief Administration Officer during his 11 year tenure. Albertsons LLC grew sales from approximately $10 billion to over $60 billion with over 2,300 stores and 285,000 employees creating one of the largest privately-held companies in the U.S. Prior to Albertson’s, Justin was an operating executive for Cerberus Capital Management and held general management and corporate development roles at General Electric. He received a B.A, from DePauw University with academic honors and was a member of the men’s tennis team. Current and past board roles include: Lead Director, New Seasons Market, Senior Advisor to PJ Solomon Investment Bank, DePauw University Board of Trustees, Idaho First Bank, New Albertsons Inc., New Cub Grocery, and Executive Committee of Food Marketing Institute.

Nirup Krishnamurthy In-2C-128px-TM

Nirup Krishnamurthy, CIO

Nirup Krishnamurthy serves as Partner in Dye Capital & Co and Chief Innovation Officer of RipKurrent – a Dye Capital Company. Nirup has over 25 years of experience in innovation, technology, restructuring and M&A in Fortune 500 companies. As Chief Information Officer of United Airlines he was part of the management team that undertook one the largest turnaround restructurings in corporate America. As Chief Technology Officer at Northern Trust Bank, he oversaw its major IT & Operational & Transformation projects.  As Chief Strategy Officer of The Great Atlantic & Pacific Company, he oversaw the operational structuring and M&A assets sale process.  He holds an undergraduate degree in Mechanical Engineering and a Ph.D in Industrial Engineering from SUNY at Buffalo.  At Dye Capital, Nirup’s focus is on due diligence, synergy realization and operational leadership of portfolio companies.



Advisory Board

Stephen BabsonIn-2C-128px-TM

endeavour_babsonstephen_rt2Seattle, Washington
Managing Director, Endeavour Capital
Boards & Affiliations:
Board of Directors of ESCO Corporation, Zoom+care, USNR, New Seasons Market, Bristol Farms / Metropolitan Market (“Good Food Holdings”), Vigor Industrial, Genesis Financial Solutions, Pacific Market International, and OFD Foods Board of Directors of Columbia Sportswear Company and Pendleton Woolen Mills Former board member of Roseburg Forest Products.
Previous positions:
Chairman of Stoel Rives LLP, one of the largest law firms in the Pacific Northwest.
Key areas of focus:
Food and consumer, specialty retail, niche manufacturing / industrials, transportation and logistics, and business services industries.
Education & Notable Awards:
Undergrad: B.A. from Stanford University
J.D. from Stanford Law School
M.B.A. from the Stanford Graduate School of Business

Jeff GarwoodIn-2C-128px-TM


Daufuskie Island, South Carolina
Managing Member, Liberation Capital
Boards & Affiliations:
Advisory Board/Board Member Aquatech, Miox, Desalitech
Board of Directors/Advisor of many Partner firms associated with Liberation Capital
Ownership of WaterCoolTower and Zysense
Previous positions:
President and CEO of GE Water & Process Technologies – a $2.5B global infrastructure business
President of GE Fanuc – a $1B global automation business
President of GE’s Garrett Aviation Services, GE Aircraft Engines
COO at Commerx and Youcentric
Key areas of focus:
Global private equity, global infrastructure, industrial automation, water process technology, operations in general
Education & Notable Awards:
Undergraduate: B.S. in Chemical Engineering, NC State University, Summa Cum Laude
Graduate: MBA from the University of North Carolina

Travis NelsonIn-2C-128px-TM

screen-shot-2019-05-01-at-10.16.02-amNew York, New York
Management Advisory Board,
TowerBrook Capital Partners Director at The J.Jill Group
Boards & Affiliations:
Management Advisory Board of TowerBrook Capital Partners
Board of Directors of the J.Jill Group
Previously served on Board of Directors of The Broadlane Group, Inc., Vistage International, Inc., BevMo, Inc., Rave Cinemas LLC, FloWorks LLC, True Religion, Inc., and GetActive Software, Inc.
Previous Positions:
Managing Director of TowerBrook
Managing Director and co-founder of Pacific Partners
Principal at Goldman Sachs, Oak Hill Capital Partners and Freeman Spogli & Co.
Consultant to Rich Santulli, CEO of NetJets, a Berkshire Hathaway company
Key areas of focus:
Investing, corporate finance, mergers, and acquisitions
Education & Notable Awards:
B.A. from DePauw University
M.B.A. from the Stanford Graduate School of Business

Scott MosesIn-2C-128px-TM

pg1-latinogrocers-scott-moses-2016-pjsNew York, New York
Managing Director and Head of Food Retail & Restaurants – Investment Banking, PJ SOLOMON
Boards & Affiliations:
Board of Directors of UpLift Solutions, a national nonprofit organization that works with food retailers, governments and other constituents to bring full-service grocery stores to underserved markets across the country
Previous positions:
Managing Director and Head of Food, Drug, and Specialty Retail Investment Banking at Sagent Advisors
Executive Director, Retail Investment Banking at JP Morgan
Vice President, Retail Investment Banking at CitiGroup
Associate, Retail M&A at Wasserstein Perella (Dresdner Kleinwort, Wasserstein)
Key areas of focus:
Mergers, acquisitions, sales and divestitures of traditional and specialty grocers and restaurants
He has advised clients in some of the largest and most significant retail M&A transactions of the past two decades, with a combined value of over $50 billion
Education & Notable Awards:
B.A. in Political Science, Summa Cum Laude, University of Pennsylvania
J.D./M.B.A, Columbia University. Harlan Fiske Stone Scholar and an executive editor of the Columbia Business Law Review
Named to the “Top 50: Americas M&A Dealmakers” list by Global M&A Network (2013)

Jeff NagelIn-2C-128px-TM


New York, New York
Operating Partner, AEA Investors
Boards & Affiliations:
Boards of Directors:
Visual Comfort Group, TricorBraun, Springs Window Fashions,
LoneStar Group, Sparrows, and VJ Technologies
BeLocal Group, Founder:
An innovation-based philanthropy bringing crowd-sourced solutions to developing country challenges
Acumen Fund, Partner:
Changing the way the world tackles poverty by leveraging the
power of markets and entrepreneurship
Carnegie Mellon Tepper School,
Advisor to the Accelerate Center for leadership
Previous positions:
Chief Executive Officer of NBTY Inc., a portfolio company of The Carlyle Group
Corporate Officer of GE
VP and GM, Global Services division of GE Oil & Gas
President and CEO, GE Inspection Technologies
President, GE Home Electric Products
VP of Marketing at Energy Biosystems Corporation
Key areas of focus:
Working with portfolio companies to maximize value creation through improved performance and cross-portfolio best practice development
Background in strategy, market/product development, services, manufacturing, M&A
Education & Notable Awards:
M.B.A. with Honors, The Tepper School of Business, Carnegie Mellon University
B.S. in Mechanical Engineering with Honors, Carnegie Mellon University; General Motors Scholar

Michael “Mick” CochranIn-2C-128px-TM

downloadAtlanta, Georgia
Partner, Kilpatrick Townsend & Stockton LLP
Boards & Affiliations:
Vice Chairman of the Board of First Step Staffing
Former board of directors member of PTV Holdings, First Call Wireless, Lanscott-Arlen Fabrics, and IMS Group
Previous Positions:
Chairman of Corporate Practice at Dentons, Partner and Corporate Department Chair of McKenna, Long, and Aldridge, Partner at Equity Capital Partners, Inc.
Key areas of focus:
Law, private equity, mergers and acquisitions, corporate finance and distress transactions, representing buyers, sellers and financiers in their investing activities and financing needs in a vast number of industries
Education & Notable Awards:
Undergrad: B.A., University of Washington
JD University of Chicago Law School
Ranked by Chambers USA as one of the leading Corporate/M&A lawyers in Georgia
Listed in The Best Lawyers in America for Mergers & Acquisitions Law, Corporate Law, Bankruptcy and Creditor Debtor Rights and Insolvency and Reorganization Law