Pennington Creek Capital Acquires Majority Stake in Rite in the Rain

August 11, 2025

Pennington Creek Capital, a Dallas-based private equity firm wholly owned by the Chickasaw Nation, has made a majority equity investment in Tacoma, Washington-based Rite in the Rain. The capital will support product development, operational scale and management's strategic growth initiatives for the maker of water-resistant notebooks, writing instruments and field organization gear.

Buyers
Pennington Creek Capital, LLC, Chickasaw Nation
Targets
Rite in the Rain
Location
Washington, United States
Transaction Type
Buyout

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