VizExplorer, a leading supplier of business intelligence software to the casino gaming industry, announced that it has closed a purchase agreement with Dry Line Partners, LLC (DLP) under which DLP will acquire all the assets of VizExplorer’s parent company, VizExp., Inc.
DLP, based in Austin and San Antonio, was formed in late 2020 by Bret Piatt, Michael Girdley and Matt Morris to acquire and operate market-leading recurring revenue technology companies. VizExplorer is DLP’s second platform investment.
“We are thrilled to have DLP as our new financial partner,” said David Patent, president and CEO of VizExplorer. “We have been working with the DLP team for several months and have found a great fit for our team and our business. DLP will help facilitate continued innovation and investment in the critical strategic areas of the business.”
“We are excited to partner with the industry veterans at VizExplorer to further expand their dominant market position in casino gaming software. said Matt Morris, a partner in DLP. “Our investor base is comprised of leading technology entrepreneurs/operators, multi-generational family offices and some of the brightest minds from global investment firms.
“We all recognize that VizExplorer provides a compelling value proposition to customers and has numerous avenues for growth. We seek to expand VizExplorer’s competitive moat to build a business that will last forever.”
