Dainese Group has announced that the American private equity firm Carlyle will acquire a majority stake in the company from Investcorp and Lino Dainese. The change in ownership will include all of the Italian group’s brands – Dainese, AGV and TCX – as well as real estate and production facilities. Investcorp had been the majority stakeholder in Dainese since January 2015. The investment firm from Bahrain, once also the owner of Helly Hansen and controlling the Swedish company POC Sports since 2015, has been instrumental in creating “organizational changes, digitization, racing and athlete successes, product innovation and exceptional growth in both revenue and profitability,” according to Cristiano Silei, CEO of Dainese Group. Silei sees Carlyle with its “outstanding expertise in consumer goods brands [… as] a terrific partner to help us achieve our ambitious goals for growth and internationalization.” The Dainese divestiture may not be the only sale pending at Investcorp. According to unconfirmed media reports that surfaced on Unquote.com a month ago, the company might also plan its exit from POC Sports.

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