Welcome

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.

Interests

Portfolio Companies

ripKurrent, technology, innovation, logo
idaho first bank
chargello, dye capital, technology, innovation, investment
medicine man technologies, cannabis, investment, dye capital

Team

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.


Jade Culbertson In-2C-128px-TM

Jade_CulbertsonJade serves as co-founder and CGO of ripKurrent, LLC, bringing with him over 25 years of business management and systems engineering experience. Jade’s expertise is in sales, management, technical design and services of applied HVAC, refrigeration, and renewable energy systems in a wide range of vertical markets including: commercial, retail, healthcare, education, hospitality and industrial. Most recently, Jade led the commercial air conditioning group for Panasonic in the U.S. Prior to Panasonic, he served as North American Business Leader for Guntner U.S. Additionally, Jade has held management and sales positions at United Technologies’ subsidiary Carrier Corporation and the Trane Company. Jade holds a BS in Mechanical Engineering from the University of Evansville and a BS in Management from Tusculum College.


Leonardo Riera  In-2C-128px-TM

leonardo riera, dye capital, private equity, investment bankingLeonardo (Leo) Riera has over 30 years experience in investment banking and fund management. He was the Country Head for Bankers Trust in Venezuela for over a decade, in charge of Investment Banking and the broker-dealer vehicle. He also served as a consultant with McKinsey & Co., and Head of Mergers & Acquisitions for Citicorp Investment Bank in Venezuela.  Leo was President of the International Banking Association of Venezuela for three terms. He was also Head of Asset Structuring and Credit for a $2 Billion Emerging Market Debt Fund based in Florida, where he was responsible for investments in Russia, Ukraine, Kazakhstan, Mexico, China, Nigeria, Singapore, Angola and Brazil.  More recently, Leo has been an entrepreneur; he founded, promoted, raised capital and sold companies in the mining and technology sectors, including an entity with gold mining operations in Peru and Brazil, and a company involved in the gasification of municipal waste streams, currently advancing projects in various locations of the US and Europe.   Leo holds a degree in Economics from Universidad Católica Andres Bello and an MBA from the Wharton School of Business of the University of Pennsylvania (1984). In 2018, He completed a course in Strategy and Valuations at the Harvard Business School.

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

alum-jeff-garwood.crop_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)
  • Named to the “40 Under 40” lists of promising finance professionals by IDD (2011) and The M&A Advisor (2015)

Jeff NagelIn-2C-128px-TM

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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 and Chairman of the Corporate Practice, Dentons

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:

  • 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

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