News from Five V
We are excited to announce our second Five V Fund IV investment and partnership with Sea to Summit. Sea to Summit is an award-winning global adventure equipment brand. Its products, developed through relentless innovation, extend across sleep, storage, ultra-light camp kitchen, transport accessories, tents, and water sports, and are used by everyone, from amateur campers to outdoor enthusiasts, NASA, defense forces, emergency services, and extreme athletes. Sea to Summit is no stranger to some of the most remote places on the planet with its products field-tested in the world’s most demanding environments.
Sea To Summit has been built off personal experience and a passion for the outdoors; founded by adventurer and outdoor enthusiast, Roland Tyson. Roland’s journey started at the early age of 17, making outdoor gear in his bedroom which quickly grew into designing and manufacturing equipment for global adventurers. The business was established in 1991 and its 1,000+ products are now distributed in 70+ countries, with offices in Australia, the USA, Germany, and China.
Roland Tyson, Co-Founder of Sea to Summit commented: “Since launching Sea to Summit over 30 years ago, we are proud to have built our reputation as a trusted designer of products that have been continuously tested in the Australian Outback and other demanding environments worldwide. As a business, we are constantly looking for ways to improve our product offering and engage more customers and this partnership presents an exciting opportunity to execute on our growth plans.”
Greg Dupont, CEO of Sea to Summit added: “We are delighted to partner with Five V Capital through this next stage of our journey. Through Five V’s knowledge of the digital ecosystem, coupled with its demonstrable track record of international expansion – we anticipate this transaction to rapidly accelerate our brand and distribution business growth domestically and globally. Together with Five V Capital, we will continue to be a global leader in our field and invent authentic gear that enables freedom and self-reliance in any environment.”
Five V Capital’s Angus Whitehead added: “Sea to Summit aligns with Five V’s focus on partnering with great teams to build sustainable, long-term value. We are privileged to be able to support such an innovative Australian business. The authenticity and heritage of Sea to Summit’s brand provides a compelling backdrop to our investment, and we believe the business is well-positioned to become a global leader in sustainability. We are excited to be partnering with Greg, Roland, Sally, and the broader Sea to Summit team to grow both the Sea to Summit brand and the distribution business globally.”
A big thank you to our advisors: Jarden, PwC, McKinsey & Company, and Clifford Chance.
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