Paladone is the UK’s market-leading designer, innovator and supplier of gifting products.
Headquartered in Brighton, Paladone specialises in the design, development and wholesale supply of licensed and own brand gifting products. Paladone’s has established strategic license partnerships with leading global brands including Walt Disney, Warner Brothers, Star Wars and Nintendo. Its own-label brands such as Purple Donkey and Scott & Lawson currently account for 30 per cent of revenue.
With a catalogue of more than 800 products, and offices in Los Angeles and Hong Kong, Paladone generated revenues of more than £30million in its latest financial year, with 60 per cent of its sales being international.
LDC provided a £13million development capital investment in April 2018.
The investment will fuel the business’ global expansion, as it looks to continue its strong growth in the US market, following demand for its products from large retail giants Kohl’s and Target. It is also eyeing growth opportunities in Australia, Asia and Europe, as well as investing in its online ecosystem to help increase revenues generated from its website.
In 2019 Paladone featured in the Sunday Times International Track 200, which recognises Britain’s mid-market private companies with the fastest-growing overseas sales. Paladone has grown sales by over 53% and ranked 120th in the list. The company eclipsed £20million in international sales in 2018. Read More.
For us, the time is right to bring an investment partner on board. In LDC we have found a team who understands our long-term ambitions and can provide us with the strategic expertise to help take the business to the next level.
Graeme Carr, Managing Director, Paladone