Who we are


Dillon Joyce Ltd. is led by Tom Hedrick. Tom has been investing in private equity and venture capital since 1995. Since that time he has invested in 34 companies and advised countless others. Presently Tom is also an operating partner with The Stephens Group

Tom’s prior professional experience includes:


15 years at McKinsey and Company where he was elected a Director (senior partner) of the firm. While at McKinsey, Tom was the Dallas office and location manager for 6 years, a co-leader of the high tech and private equity practices and the global leader of the semiconductor practice.

12 years in private equity heading his own firm, acting as a venture partner to Vortex Partners and SSM Partners and leading Sammons Enterprises’ corporate development efforts.

Start up experience co-founding two companies (Crimson Resources and RealManage) and serving as the COO at RealManage.

5 Years at Exxon Company USA as an engineer and engineering supervisor. Non Profit experience serving the Department of Defense on Semiconductor strategy. Serving as the President of a school board of Texas’ largest private elementary and middle school. Board member of the Alliance for Catholic Education Consulting Group.

Tom holds a B.S. in Chemical Engineering from the University of Notre Dame and an M.B.A. from Harvard Business School.

Past Investments


Engineered architectural materials (acquired by Hunter Douglas)

10C Technologies

Battery charging technology

All Web Leads

Online lead generation for financial services (sold to Great Hill Partners)

Archipelago Learning

Online assessment testing for K12 (purchased by Plato Learning)


Physical Security via mobile phone technology (Sold to Gouldin Technologies)


Indian outsourcer (bought out via recapitalization)


Digital animation (bought by Vectormax)

Form Genus

Web 2.0 interactive websites


Online purchasing exchange and process (IPO, then acquired by Ariba)

Honest Tea

Organic Tea (bought by Coca Cola)

Indoor Direct

Fast food instore advertising (entered partnership with Premier Retail Networks)

IP Mill

Unique identifier data base (acquired by N.E.W., subsequently acquired by T.H. Lee)


Digital imaging search and tagging (acquired by Sonic Foundry)


Semiconductor chips for digital imaging (acquired by Micron Technologies)


Supply Chain Optimization Software (Sold to SAP)


Identity and access management software (acquired by Hewlett Packard)


Storage profiling and control software (acquired by Solarwinds)


Energy Technology


VOIP to small to medium business

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