Aldine Invests in Diono
Diono is a premium car seat and travel solutions brand that is most well-known for its award-winning Radian car seat. Diono’s focus on safety through its differentiated steel frame construction and superior design allows the Company to provide a premium product at a premium price point. In addition to car seats, Diono’s product offering includes boosters and juvenile travel accessories such as seat protectors, head supports, and travel bags. The Company’s products are sold worldwide through the e-commerce, infant and juvenile, independent, and mass retail channels. Aldine’s investment was made in conjunction with a strategic, controlling investment by a private equity sponsor.
Aldine provided a subordinated note and equity investment.