Acon Investments
Private equityWashington, D.C. · Seed–Late Stage
Also known as Acon Equity Management, L.L.C. · ACON LATAM MANAGEMENT, L.L.C.
Find your way into Acon Investments
Investment thesis
ACON Investments pursues value creation driven by dislocation, targeting opportunities at the intersection of sector and situation. The firm concentrates on the consumer and industrials sectors, identifying situations where value can be created through brand repositioning, industry consolidation, corporate carve-outs, or by serving as first institutional capital. Led by a team investing together for over 25 years, ACON applies deep sector expertise and situational focus to its investments.
Source: firm website, verified Sep 15, 2026.
What they invest in
from 31 of 50 portfolio companiesConsumer ×15E-commerce ×8Advanced Manufacturing ×7Healthtech ×7Direct to Consumer ×6FoodTech ×5Cleantech ×4Hardware ×4
HQs:United States×13Spain×4Colombia×2Mexico×2
Investments · 50 tracked
founders shown can be your intro pathBy year:2018 · 12017 · 12 dated
Funko is a US public company that designs and sells licensed pop culture collectibles, best known for Pop! vinyl figures.
Josh Simon(Chief Executive Officer and Director)in
Co-investorsThe Chernin Group (TCG Crypto)
Dignity & Wellness Patient Solutions (DWP) is the parent company of Injured Workers Pharmacy (IWP), a full-service workers' compensation pharmacy, providing shared services, infrastructure, and operational support.
Digital HealthHealthtech
Michael Gavin(Chief Executive Officer)Pam Rippens(Chief Operating Officer)Jayne Kresac(Vice President of Legal, Government Affairs and Communications)Neil Welch(Chief Clinical Officer)Steve MacIntosh(Chief Financial Officer)
Co-investorsParthenon
Romar Global Care is a Valencia-based manufacturer of liquid and aerosol products for perfumery, cosmetics, personal hygiene, cleaning, air care, automotive, and party use, with international marketing and distribution.
Advanced ManufacturingConsumerValencia, ES
Atlantic Sustainable Catch is a seafood platform that processes and distributes scallops, North Atlantic lobster, and Ahi tuna through its subsidiaries Northern Wind, Raymond O'Neill & Son Fisheries, and Suncoast Seafood.
FoodTechLogistics & Supply Chain
Carulla is a Colombian supermarket chain operating an online store where customers can browse and order groceries and household products for delivery.
ConsumerE-commerceRetail Tech
Co-investorsSwanlaab Venture Factory
Contenur manufactures urban waste containers, including injected polyethylene containers and vertical bilateral loading models, and supplies them to municipalities for residential waste collection.
Advanced ManufacturingCircular EconomyCleantech
Co-investorsNexxus Capital
FLEETWASH provides commercial fleet and facility cleaning services, including truck washing, building and rooftop cleaning, HVAC coil cleaning, disinfecting, and parking lot maintenance, using a patented water recovery system for environmental compliance.
CleantechLogistics & Supply ChainFairfiled, US
Vito DiGiovanni(Executive Officer, Director)Anthony DiGiovanni(Executive Officer, Director)James DiCarlo(Executive Officer, Director)
Igloo manufactures coolers and outdoor storage products for consumers, with a heritage in durable, practical design spanning from 1947 to the present.
ConsumerDirect to ConsumerE-commerceHardwareKaty, US
My Code (formerly H Code) is a media company and marketing agency focused on multicultural and "growth audience" consumers, connecting brands with Hispanic, Black, AAPI, and LGBTQ+ consumers across a network of publisher sites in the U.S.
AdTechMarketing TechMedia & Entertainment
Co-investorsHalyard
Ouidad formulates hair care products designed for curly and coily hair types, offering specialized product collections that address moisture, definition, and frizz concerns across different curl patterns.
ConsumerDirect to ConsumerE-commerceWellness & FitnessNew York, US
Pine Environmental provides a customizable cloud-based environmental monitoring platform that uses cellular and GPS technology to stream real-time data on parameters like dust and water quality to users' devices and computers.
Advanced ManufacturingCleantechConstruction TechHardwareIoTUS and Canada, US
Co-investorsSaw Mill
Design-based premium jeans and sportswear apparel brand selling direct-to-consumer and through wholesale partners.
Co-investorsTowerBrook
A pharmaceutical company that develops and manufactures injectable medications across therapeutic areas including infectious disease, cardiology, anesthesia, gastroenterology, neurology, and oncology, as well as ophthalmic solutions and semi-solid products.
BiotechHealthtechMedical Devices
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AmforapackagingBidftaDiverzifyFairwayoutdoorFiestamartFlorimexFontus RenewablesMagicmediaincNetunoPeterpiperpizzaRmhfranchiseSiex2001SpencersonlineSpirithalloweenSuzoSuzohappWaldos
Exits · 1
1 IPOsFunkoNASDAQ: FNKO
Portfolio news
latest coverage across their companies
True Religion · wwd.com · Sep 8, 2026
Funko · pluang.com · Aug 28, 2026
Fund performance · per public LP disclosures · 5
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| ACON Equity Partners IVLPs: Empire State Development – New York Ventures, Oregon Public Employees Retirement System, California State Teachers' Retirement System | 2016 | — | 8.5% | 1.42x | 0.68x |
| ACON Equity Partners 3.5LPs: Empire State Development – New York Ventures, California State Teachers' Retirement System, Los Angeles City Employees' Retirement System +1 more | 2012 | — | 2.7% | 1.13x | 1.11x |
| ACON Equity Partners IIILPs: New York City Police Pension Fund | 2012 | — | 2.0% | 1.08x | 1.05x |
| ACON Equity Partners III, L.P.LPs: Teachers' Retirement System of the City of New York | 2012 | — | 2.3% | 1.09x | — |
| Acon-Bastion Partners II, L.P.LPs: California Public Employees' Retirement System, California State Teachers' Retirement System, Los Angeles City Employees' Retirement System | 2006 | — | 12.3% | 1.74x | 1.74x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Acon Investments made?
- Acon Investments has 50 tracked investments, 1 of which have exited.
- What stage does Acon Investments invest at?
- Acon Investments invests at the Seed, Series A, Growth, Late Stage stages.
- What sectors does Acon Investments focus on?
- Acon Investments focuses on Advanced Manufacturing, Consumer, Sector Agnostic.
- Where is Acon Investments located?
- Acon Investments is headquartered in Washington, D.C., US.
- Does Acon Investments lead rounds?
- Yes, Acon Investments leads investment rounds.
- Who does Acon Investments co-invest with?
- Acon Investments most often shares deals with Halyard, Nexxus Capital, Saw Mill, among 5 tracked co-investors.
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