Pennington Creek Capital acquires majority stake in Rite in the Rain
DALLAS: Pennington Creek Capital, LLC, a Dallas-based private equity firm wholly owned by the Chickasaw Nation, announced Tuesday a majority equity investment in Rite in the Rain, a Tacoma, Washington-based manufacturer of water-resistant writing and field gear. “This investment in Rite in the Rain represents an important step in our business diversification,” said Chickasaw Nation…