“We are delighted to have Agathos on board. With the Agathos team’s specialist skills, resources and finance, we will be able to take the company to the next stage of growth and development.”
Douglas Grays – CEO
FACTS
Headquartered
Shoreditch, London
Founded
1994
Sector
Business Services
Focus Areas
Promotional Merchandise, Brand Engagement, Corporate Gifting, Supply Chain Management
Website
Investment date
July 2015
Exit date
September 2017
Status
Realised (Fund I)
Agathos contacts
William de Laszlo
About the business
Dukes was a premium-brand promotional merchandise company providing branded goods and related services to blue-chip corporations and public bodies.
The business supported clients globally, delivering high-quality merchandise solutions that combined creative brand engagement with reliable sourcing, logistics and fulfilment.
Our partnership
Agathos partnered with Dukes’ management team to support the business through its next stage of growth and development.
The partnership focused on strengthening financial discipline and operational best practice, supporting management as the business continued to scale its offering to global corporate clients.
Value creation and impact
Value creation centred on professionalising the platform and supporting sustainable growth:
- Implementation of enhanced financial and operational best practice
- Support for management in scaling the business and serving blue-chip clients
- Positioning Dukes as an attractive strategic asset within the global branded merchandise market
Agathos exited its investment in September 2017 through the sale of Dukes to Bensussen Deutsch & Associates LLC (BDA), a leading global branded merchandise agency.
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