Recapitalization • Machinery

Dry Fly Capital Acquires Serpentix

On July 2, 2025, private equity firm Dry Fly Capital acquired machinery company Serpentix

Acquisition Context
  • This is Dry Fly Capital’s 1st transaction in the Machinery sector.
  • This is Dry Fly Capital’s 5th transaction in the United States.
  • This is Dry Fly Capital’s 4th transaction in Colorado.

Explore All 60 Recapitalization Machinery Deals - Search the Database Free


M&A Deal Summary

Date July 2, 2025
Target Serpentix
Sector Machinery
Buyer(s) Dry Fly Capital
Deal Type Recapitalization

Target Company

Serpentix

Westminster, Colorado, United States
Serpentix designs and manufactures modular, conveyors capable of three-dimensional movement—following horizontal, vertical, and helical paths to meet the material handling demands of municipal and industrial operations. Serpentix was founded in 1969 and is based in Westminster, Colorado.‎
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

DESCRIPTION

Dry Fly Capital is a private investment firm focused on partnering with small companies generating $1 to $3 million of EBITDA. The Firm targets opportunities in the distribution, manufacturing, and service sectors. The Firm looks to preserve the existing brand and relationships and improve operations with digital marketing strategies and technology automation investments. Dry Fly Capital was formed in 2018 and is headquartered in Littleton, Colorado.


Deal Context for Buyer #
Overall 5 of 5
Sector: Machinery 1 of 1
Type: Recapitalization 2 of 2
State: Colorado 4 of 4
Country: United States 5 of 5
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-19 PSA Worldwide

Colorado Springs, Colorado, United States

PSA Worldwide create awareness for programs which educate on sexual assault prevention, domestic and dating violence prevention, substance abuse prevention, child abuse, bullying, suicide prevention, and overall wellness! PSA Worldwide is based in Colorado Springs, Colorado.

Buy -