# Demetrios Dounis

> Demetrios Dounis is a private equity investor at Heartwood Partners (previously known as Capital Partners) backing Industrial. See 2 investments, check…

- Type: Angel Investor
- Fund: [Heartwood Partners (previously known as Capital Partners)](https://shizune.co/investors/profile/capital-partners)
- Location: Metropolitan, United States
- Total investments: 2
- Last investment: Jun 2025
- Lead investor: 100%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/in/demetriosdounis/
- Website: http://www.heartwoodpartners.com

Demetrios Dounis is a private equity investor at Heartwood Partners (previously known as Capital Partners) in Metropolitan focused on Industrial and Manufacturing. A member of the New York Association for Capital Growth, Demetrios Dounis is a Managing Director at Heartwood Partners, a middle market private equity firm with over $1BN in capital under management. Previously, Demetrios was an Investment Partner at a middle market private equity firm. Having joined that private equity firm as Vice President onthe Investment Team in 2007, Demetrios Dounis was involved in transactions such as the $245 million buyout of CamelBak, an outdoor-enthusiast brand. Responsible for business diligence, execution, and legal documentation related to the initial purchase of Camelbak, he successfully oversaw a transaction that generated a $165 million gain.Promoted to Partner in 2015, Mr. Dounis led the buyouts of companies such as Velocity Outdoors, Ravin Crossbows and Arnold Magnetic Technologies. Among his most significant accomplishments was the acquisition of Clean Earth, an environmental services business. He also oversaw several proprietary add-on acquisitions on behalf of Clean Earth and then guided an auction sales process that netted a substantial return-on-invested capital and a $220 million gain. Mr. Dounis gained experience in his field in the early 2000s as a Senior Accountant with Deloitte's assurance and business advisory services. He subsequently served as an Associate with Goldman Sachs’ prime brokerage group and was an investment banking Analyst with UBS Investment Bank’s Global Industrials Group. In the latter position, Demetrios Dounis worked with clients such as United Technologies in its $3.1 billion acquisition of Kidde, plc.

## Contacts

5 contacts available for Demetrios Dounis: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/demetrios-dounis?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Industrial | 1 | 50% |
| Manufacturing | 1 | 50% |
| Business Development | 1 | 50% |
| Electrical Distribution | 1 | 50% |
| Machinery Manufacturing | 1 | 50% |

6 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Norlee Group | Norlee Group provides electrical and communication solutions and also supports the growth of companies organically and through acquisition. |  | Private Equity | Jun 12, 2025 | https://norleegroup.com |
| Royal Products | Royal Products is a manufacturer of metalworking performance accessories. |  | Private Equity | Sep 16, 2024 | https://www.royalproducts.com/ |

2 of 2 investments shown.

## About Heartwood Partners (previously known as Capital Partners)

VC Fund · Norwalk, United States

Heartwood Partners is a private equity investment firm that provides solutions for business owners, intermediaries, and executives. It is focused on helping management teams build businesses by combining strategic planning with a conservative capital structure. Heartwood Partners was founded in 1982 and is based in Norwalk, Connecticut.

3 contacts available at Heartwood Partners (previously known as Capital Partners).

| Name | Title | Profile |
| --- | --- | --- |
| Brian D. Fitzgerald | Founder & Managing Director | https://shizune.co/investors/profile/brian-d-fitzgerald |
| Demetrios Dounis | Managing Director | https://shizune.co/investors/profile/demetrios-dounis |
| Mark D. Allsteadt | Managing Director | https://shizune.co/investors/profile/mark-d-allsteadt |

## Similar investors

### Similar stage
- [Business Growth Fund](https://shizune.co/investors/profile/business-growth-fund) — VC Fund
- [Maven Capital Partners](https://shizune.co/investors/profile/maven-capital-partners) — VC Fund
- [Foresight Group](https://shizune.co/investors/profile/foresight-group) — VC Fund

## FAQ

### What does Demetrios Dounis invest in?

Demetrios Dounis invests primarily in Industrial, Manufacturing and Business Development startups, most often at Private Equity stage. Most of the 2 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Demetrios Dounis?

Public channels for Demetrios Dounis include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### When did Demetrios Dounis last invest?

The most recent investment recorded for Demetrios Dounis closed in Jun 2025. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
