Pegasus Growth Capital announces its initial investment in DYLN

NOVEMBER 25, 2019 6:00 PM

Pegasus Growth Capital (“Pegasus”), a private equity firm providing strategic growth capital to young, high growth consumer-centric companies, is pleased to announce its first investment for Pegasus Growth Capital Fund I in the company DYLN.

DYLN provides a differentiated product for the large and fast growing functional water category while working to combat the global plastic waste issue through its eco-friendly alkaline water bottles. DYLN founder Dorian Ayres noticed a missing link in the premium water market - many health-conscious people were buying alkaline water in plastic bottles, improving their own health but contributing to the global plastic waste problem. This inspired Dorian to design a solution: the DYLN Bottle, a premium reusable stainless steel bottle with a patented integrated system to create alkaline water in just 15-20 minutes.
“We believe that living water is the foundation for healthy bodies, conscious minds, and inspired lives—and that you should be able to make it everywhere you go. With Pegasus Growth Capital, we have a partner that genuinely believes in DYLN's vision and goals. Our aligned interests made the process of closing the investment in DYLN swift and smooth. Pegasus is different—and Hank Holland has made that apparent with the fund’s unique approach and value proposition. He has become a part of the team, who looks to continuously add value while staying true to the brand and our mission to make a healthier world.” says DLYN founder Dorian Ayres.

About Pegasus Growth Capital:Pegasus Growth Capital is a private equity firm founded in 2019 and led by Hank Holland. The Firm’s mission is to partner with passionate and driven entrepreneurs to grow innovative and disruptive consumer-centric businesses.

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