Supplier News

US – Dry Line Partners makes strategic investment in VizExplorer

By Phil - 23 February 2023

VizExplorer is pleased to announce that it has closed a purchase agreement with Dry Line Partners whereby DLP has acquired all the assets of VizExplorer’s parent company, VizExp., Inc.

VizExplorer, the leading provider of business intelligence to the casino gaming industry, provides critical technology to hundreds of properties in the U.S. and abroad that generate over $10 billion in annual revenue. VizExplorer’s advanced solutions provide visualizations, reporting, and recommendations, for operators to make better decisions that enhance profitability across the Gaming floor, Player Development, and Marketing.

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. 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,” said VizExplorer President and CEO David Patent.

“We are excited to partner with the industry veterans at VizExplorer to further expand their dominant market position in casino gaming software. 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,” said Matt Morris, Partner at Dry Line Partners.