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Will Dull
ResearchedAngel Investors

Will Dull

Senior Associate

Angel InvestorsSeed Round
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At a glance

Full Name
William (Will) Dull
Title
Vice President
Firm
Ridgemont Equity Partners
Firm Type
Middle-market private equity firm (growth-oriented buyouts and recapitalizations)
Investment Stage
Growth buyouts, recapitalizations, platform acquisitions and add-ons (control or lead-minority) — not seed/angel
Check Size
Equity commitments up to ~$500mm per platform; target enterprise values of $100mm to $1B+
Target Company Profile
Established, profitable middle-market companies with experienced management teams and proven business models, pursued for organic or acquisition-led growth, liquidity events, or corporate divestitures
Sector Focus
Business & Technology Services and Industrial Growth (Ridgemont's third firm-wide vertical is Healthcare)
Geographic Focus
North America
Location
Charlotte, North Carolina

Background

Will Dull is a Vice President at Ridgemont Equity Partners, a Charlotte, North Carolina–based middle-market private equity firm. He earned a B.S. in Business Administration and a B.A. in Economics from the University of North Carolina at Chapel Hill, and remains a devoted Tar Heels sports fan and North Carolina native. Before joining Ridgemont, he worked at the investment bank Harris Williams & Co., where he advised middle-market companies on M&A and financing; earlier career experience has also been associated with Raymond James Financial and Insight Sourcing Group.

At Ridgemont, Dull is aligned to the firm's Business & Technology Services and Industrial Growth investment teams. He was promoted to Vice President in January 2022, alongside colleague Kyle Greer, as part of a round of firm-wide promotions and new hires announced by Ridgemont. In that role he supports deal sourcing, execution, and portfolio-company value creation across the firm's control and lead-minority investments.

Ridgemont itself traces its roots to 1993 (originally the private equity arm of Bank of America / Banc of America Capital Investors) and spun out as an independent firm in 2010. The firm has invested more than $8B across 170+ companies and manages $10B+ in assets, focusing on growth-oriented buyouts and recapitalizations in the middle market, with a heavy emphasis on buy-and-build strategies (180+ add-on acquisitions over the prior decade).

Investment Thesis & Focus

  • Invests as a control (majority) owner or lead minority investor in established, profitable middle-market companies — this is private equity, not venture/seed.
  • Check size / scale: targets enterprise values of $100mm to $1B+, with equity commitments up to ~$500mm per platform.
  • Sector focus (Dull's teams): Business & Technology Services and Industrial Growth; the firm also invests in Healthcare.
  • Deal types: growth equity for organic and acquisition-led expansion, recapitalizations, corporate divestitures, and full or partial liquidity transactions for private-company owners.
  • What makes them say yes: experienced management teams, proven business models, and "complete alignment in vision and mutual trust" — Ridgemont explicitly backs strong operators and pursues aggressive add-on acquisition ("buy-and-build") programs.

Notable Investments

  • Crete United — energy-efficiency and sustainability solutions platform for commercial buildings (buy-and-build platform).
  • RoadOne IntermodaLogistics — intermodal drayage and logistics services provider.
  • Caring Transitions — franchisor of senior relocation, downsizing, and estate-sale services.
  • Certus — pest control services platform.
  • Teachers of Tomorrow — alternative teacher certification and education services provider.
  • FleetPride Corporation — distributor of heavy-duty truck and trailer parts.
  • Dickinson Fleet Services / Amerit Fleet Solutions — mobile fleet maintenance and management services.
  • SEKO Logistics — global logistics and supply-chain services.
  • Backstage — casting and talent marketplace for the entertainment industry.
  • Clairus Group — auto-glass repair and replacement services.

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