Hadley Capital Sells JRI HoldingsBy Scott Dickes
Hadley Capital is pleased to announce that it sold JRI Holdings in April 2015. Terms of the transaction were not disclosed.
JRI Industries is a leading manufacturer of aqueous parts washing equipment. Hadley Capital, via JRI Holdings, acquired JRI Industries in 2004. JRI is a good example of Hadley Capital's philosophy of true long-term value creation.
During the eleven years of Hadley Capital's ownership and guidance, JRI completed several major initiatives including moving into a new facility, expanding its product line, acquiring two complimentary businesses, establishing international sales channels, and transitioning management leadership from the founder to a new management team.
JRI was a successful investment for Hadley Capital, JRI's employees, and JRI's customers.
Scott Dickes - General Partner
Scott founded Hadley Capital in 1998 with the objective of bringing a professional investment strategy to the small company market. Scott has spent the better part of two decades financing and growing small companies. It’s in his blood … he grew up visiting small companies on family vacations with his dad who was also a small company investor.
Scott works with Gillinder Glass, S&S, Custom Label, Harris Seeds, ISS, and W.C. Rouse, and was previously the chairman of the board of Packaging Specialists, JRI Industries and Kelatron, all former Hadley Capital companies.
He enjoys traveling with his family, flying (instrument rated pilot), rock climbing, golf, paddle tennis, and water skiing. Scott recently took up beekeeping as a hobby.
Scott is a Trustee of the Hadley School for the Blind (no affiliation). He holds a BA from Duke University and received his MBA from the Kellogg School of Management at Northwestern University. Scott and his wife have two teenage children.