LITTLETON, Colo., Oct. 23, 2018 /PRNewswire/ -- Doug Robinson, the co-founder of investment banking firm St. Charles Capital and recently a primary candidate for the Governor of Colorado has joined forces with the partners of Ogdon Ventures, a family-run private equity firm, to launch Dry Fly Capital. The firm intends to acquire legacy companies in the lower middle market that have multiple years of positive EBITDA.
Doug has 27 years of business advisory experience as Managing Director of KPMG Corporate Finance and KeyBanc Capital Markets and Head of Equities and Corporate Finance at Hanifen Imhoff.
"Doug has been an integral part in the sale of my businesses and we met when he advised me through the sale of Mammoth Micro Productions to the Washington Post in 1994," says Bob Ogdon, Managing Partner, Dry Fly Capital. "To have the ability to work side by side with a close friend with the experience and skill set Doug possesses is an honor."
Ogdon Ventures is made up of Bob, Dan and Mike Ogdon, the owners/operators of Swiftpage, that acquired and ran Act!, the number one small business CRM. In the last year, the Ogdon Ventures team acquired Westland Distributing, Arizona Home Supply and Nevada Home Supply to create the combined largest manufactured housing supplies distributor in the Western United States. In addition, the team also acquired AiA Industries, a structural and custom dome skylight manufacturer and plastics fabricator.
"Bob, Dan and Mike have been friends for a long time and I'm excited for what we can accomplish together," says Doug Robinson, Managing Partner, Dry Fly Capital. "We see a lot of opportunity within the sphere of our investment criteria and look forward to finding companies ready for the expansion of their legacy."
About Dry Fly Capital
Dry Fly Capital is a private equity firm casting vision for legacy business operations to expand into growth. Dry Fly Capital seeks to acquire lower middle market companies with positive EBITDA that would benefit from modern digital marketing and business development strategies and automation of operational activities through the use of technology.
SOURCE Dry Fly Capital