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Scott Dickes
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Scott Dickes

General Partner

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At a glance

Full Name
Scott Dickes
Title
Founder and Managing Partner, 1719 Partners; member of the General Partner, Hadley Capital
Firm
1719 Partners; Hadley Capital
Firm Type
Private equity / long-term-hold independent sponsor; small-company private equity
Investment Stage
Control acquisitions, management buyouts, ownership transitions, recapitalizations, and growth-support investments in established small companies
Target Company Profile
Small, established, owner-run companies in transition with growth potential; 1719 targets $5 million-$20 million revenue and $1 million-$4 million EBITDA; Hadley targets $5 million-$30 million revenue and $1 million-$5 million profits
Sector Focus
Manufacturing, services, distribution; especially niche markets and “small companies in transition”
Geographic Focus
United States
Location
Dallas, Texas

Background

Scott Dickes is the founder and Managing Partner of 1719 Partners, a Dallas-based private equity firm built around long-term, open-ended ownership of small businesses. Before launching 1719 Partners, he founded Hadley Capital, a small-company private equity firm based in the Chicago area with offices in Nashville and Dallas.

At Hadley Capital, Dickes spent roughly 25 years investing in small companies. 1719 Partners says he helped more than 20 small companies succeed and allocated more than $200 million of capital toward company growth during his Hadley tenure. Hadley’s own materials describe the firm as focused on buying small, profitable companies with growth potential, especially where owners face ownership transition, management succession, or growth-capital needs.

Dickes received a BA from Duke University and an MBA from Northwestern University’s Kellogg School of Management. His LinkedIn profile lists him in Dallas and affiliated with 1719 Partners.

Investment Thesis & Focus

  • 1719 Partners’ core thesis is long-term private equity without a forced exit clock. The firm says it was created to invest “without the constraints of predetermined and mandatory investment timelines.”
  • Dickes’ stated reason for creating 1719 was that closed-end fund structures can force firms to sell strong companies too early, transferring future upside to the next owner.
  • 1719 targets small, established businesses in transition: ownership transition, management transition, management buyouts, or businesses needing growth support.
  • Typical 1719 target: $5 million-$20 million revenue, $1 million-$4 million EBITDA, owner-run, growth potential, and a valuable product or service serving a niche market.
  • Hadley’s focus is similar but slightly broader: small companies with $5 million-$30 million revenue and $1 million-$5 million profits across manufacturing, services, and distribution.
  • The operating philosophy emphasizes stewardship: protecting what works, investing for long-term growth, supporting management, and avoiding quick-profit “turning and burning.”

Notable Investments

  • F/S Manufacturing: 1719 Partners supported a management buyout in August 2024 of this West Fargo, North Dakota agricultural equipment supplier specializing in liquid material handling equipment.
  • Custom Label: Hadley portfolio company since 2002; a narrow-web flexographic and digital label printer near San Francisco.
  • JRI Industries: Hadley portfolio company; manufacturer of parts-washer systems for industrial applications.
  • Gillinder Glass: Hadley recapitalized this sixth-generation custom glass manufacturer with the Gillinder family in 2017.
  • Harris Seeds: Hadley portfolio company since 1998; supplier of vegetable and flower seeds to commercial growers and home gardeners.
  • 4AllPromos: Hadley portfolio company since 2023; B2B direct marketer of promotional products.
  • Advanced Glass Industries: Hadley portfolio company since 2023; manufacturer of precision machined optical glass.
  • Equustock: Hadley portfolio company since 2020; manufacturer of premium animal bedding and litter products.
  • Centare: Hadley investment from 2013 to 2021; cloud software product development consulting company.
  • GT Golf Supplies: Hadley investment from 2016 to 2022; supplier of grips, tees, and other golf-course accessories.

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