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Falfurrias Capital Partners to buy majority stake in Industry Dive

Private equity firm Falfurrias Capital Partners LP agreed to buy a majority stake in Industry Dive Inc.

Financial terms of the transaction were not disclosed. Industry Dive co-founder and CEO Sean Griffey will continue to lead the company along with co-founder and Chief Revenue Officer Ryan Willumson and co-founder and Chief Technology Officer Eli Dickinson.

Falfurrias Capital Partners partner Joe Price and principal Geordie Pierson will join Industry Dive's board, according to a Sept. 5 news release.

Founded in 2012, Washington, D.C.-based Industry Dive provides business news, original analysis and other information products and services across 19 different industries, including banking, supply chain, retail and waste.