Italian moto gear manufacturer Dainese has exchanged hands a few times in the past decade. In 2015, Bahrain-based Investcorp acquired the iconic brand from Lino Dainese himself for €130M ($137.4M USD). That same year, Lino Dainese established D-Air lab, with the founder holding 75 percent of the share capital and Investcorp controlling the remaining 25 percent.
Of course, Investcorp sold the Dainese umbrella of brands, including AGV helmets and TCX footwear, to the Carlyle Group for €630M ($692M USD) on March 11, 2022. Under the deal, Investcorp’s stakes transferred to the global investment firm, but Carlyle has been open to keeping Lino Dainese involved in the brand he built.
