Elysian Capital III LP Acquisition with management of D3O Holdings Limited

Elysian Capital III LP Acquisition with management of D3O Holdings Limited

Elysian Capital III LP is pleased to announce, in conjunction with management, its acquisition and investment in D3O Holdings Limited from Entrepreneurs Fund, Beringea and other minority investors. This represents the fifth platform investment in the last three months from the Elysian Capital III LP Fund which closed in September 2020 at £325million.

D3O designs, manufactures and distributes world leading impact protection products to B2B customers around the globe. The D3O® brand and the “Protected by D3O®” Trustmark are synonymous with market-leading protection and quality. As such, the business has amassed an impressive portfolio of customers covering some of the World’s leading brands for protective equipment, across its key market segments of consumer protection (sport, outdoor and electronics) and PPE (defence and industrial).

In recent years, the business has transitioned from a product-centric business to a brand-centric business. Whilst D3O®’s products are best in class, increasingly customers come to D3O® to leverage the commercial advantage that the Protected by D3O® Trustmark brings.

Stuart Sawyer, CEO of D3O Holdings Limited, said:

“We are excited to be working Elysian and have been impressed by the quality of their team.  I’d like to thank our previous investors for the support they have given us in establishing D3O, and we now look forward to scaling the business and realising the significant opportunities to protect people and their things around the world”.

James Cunningham, Partner at Elysian Capital, said:

“We have been very impressed with the way Stuart and the team have developed the D3O brand and the breadth and quality of the customers the company serves. We look forward to supporting them as they realise the potential for the brand across existing and new market segments.” 

Elysian Capital was advised by: Stephenson Harwood (Legal); KPMG (Financial & Tax); PwC (Operational); GRAPH Strategy (Commercial); and One-Four-Zero (Digital).

For further information, please contact:

Ken Terry, CEO Elysian Capital LLP                  ken@elysiancapital.com

Stuart Sawyer, CEO D3O                                stuart.sawyer@D3O.com