Arkansas-based patient growth capital

2011 Small Business Investment Company of the Year

Diamond State Ventures Named Small Business Investment Company Of The Year.

On April 15th the U.S. Small Business Administration in Washington, D.C. announced Little Rock based venture capital and private equity firm, Diamond State Ventures (DSV), has been recognized as Small Business Investment Company (SBIC) of the Year. The Award is presented annually during National Small Business Week in May to honor an SBIC firm for its excellent performance, strong commitment to small businesses through its investment support, management of portfolio companies and participation in the small business community. "The team at Diamond State Ventures has earned a reputation for managing a top notch venture capital, private equity firm. This award gives them well-deserved recognition," said Brett Palmer, President of the National Association of Small Business Investment Companies (NASBIC). DSV Managing Directors, Joe Hays and Larry Carter commented, "We want to share this honor and recognition with our great Arkansas investors who have allowed us to put significant risk capital to work in our underserved market. Being a licensee in the SBIC program allows us to operate on a larger scale with more resources."

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Diamond State Ventures is a private equity and venture capital firm with $125 million under management in two funds. DSV invests in small and lower middle market companies located in Arkansas and across the Midwest and Southeast United States.

Our newest fund, Diamond State Ventures II, is a federally licensed Small Business Investment Company which, along with our co-investment partners focuses on transactions up to $25 million.

We provide patient capital for these types of opportunities:

Expansion and growth stage companies — internal growth or by acquisition

Management buyouts, change of control, and family succession transactions

Recapitalizations

Early stage companies with a demonstrated history of high growth


Diamond State Ventures invests from $1 to $5 million into each portfolio company. Our investments are typically structured as subordinated debt with warrants, preferred equity, or a combination of those securities. Since the formation of our first fund in 1999, we have invested in approximately 40 companies across a broad range of industries and financing structures.

Diamond State Ventures seeks to invest in exceptional businesses managed by extraordinary people who possess a record of achievement, integrity, and determination.