Kilquade’s Devils Edge Shirt Com­pany tames a dragon to se­cure in­vest­ment

DEVILS EDGE DUO SE­CURE €70,000 IN­VEST­MENT

Bray People - - FRONT PAGE - By MARY FOGARTY

KILQUADE cou­ple Ais­ling and Stephen Power nabbed them­selves a dragon on last Sun­day night’s ‘Dragons’ Den’ on RTE.

En­tre­pre­neur Ea­monn Quinn kept his coun­sel while the other dragons quizzed the Pow­ers about their com­pany.

Ais­ling and Stephen were looking for €70,000 for a 20 per cent stake in their com­pany Devils Edge.

The com­pany spe­cialises in made to mea­sure suits and shirts.

‘Every­one was quite vo­cal. He [Ea­monn] sat in the cor­ner al­most like he was wait­ing in the long grass,’ said Ais­ling.

Quinn of­fered the cou­ple the 70 per cent they were looking for, how­ever he wanted a 40 per cent share in the busi­ness.

This was dou­ble what the hus­band and wife team orig­i­nally of­fered com­ing in to the den.

‘We’d be de­lighted to ac­cept your of­fer and thank you so much,’ said Stephen.

‘At least I’ll be well dressed no mat­ter what hap­pens,’ Ea­monn said to the other dragons.

This is the sev­enth se­ries of Dragons’ Den, with two brand new dragons – Ali­son Cowzer and Eleanor McEvoy – along­side view­ers’ favourites Gavin Duffy, Barry O’Sul­li­van and Ea­monn Quinn.

This eight part se­ries will see a host of orig­i­nal and unique ideas pitched to the Dragons with ev­ery­thing from food, fash­ion, beauty, fit­ness, ed­u­ca­tion and jour­nal­ism. The se­ries will run weekly un­til Sun­day, June 5.

Ea­monn Quinn was Mar­ket­ing Di­rec­tor and Deputy Chair­man of the Ir­ish su­per­mar­ket chain Su­perquinn un­til the com­pany was sold in 2005. Since then Ea­monn in­vests through the Quinn Fam­ily in­vest­ment port­fo­lio which in­cludes pri­vate in­vest­ments re­lated to the global food re­tail sec­tor, green en­er­gies and pri­vate equity funds. He is cur­rently an Ex­ec­u­tive Chair­man of Kel­sius Lim­ited, Di­rec­tor of Nua­light, and Di­rec­tor of En­deco.

Ais­ling and Stephen Power of Devils Edge.

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