Sectors
We work with our private capital clients across all industry sectors. Notable examples of sector-specific private equity deals are set out below:
AVIATION
Atalaya Capital Management on its investment in a joint venture with GOAL German Operating Aircraft Leasing.
Vance Street Capital on the simultaneous sale of International Aerospace Coatings (IAC Group) and Eirtech Aviation Services (EAS Group), each a world leading aviation aftermarket solutions provider.
CONSTRUCTION AND ENGINEERING
Blackstone Inc on the acquisition of a majority stake in Winthrop Technologies, the Irish provider of civil, structural, architectural, mechanical and electrical services.
KKR, through its portfolio company, Hyperion Materials & Technologies, a leading global materials science company, on its acquisition of NanoDiamond Products, a solutions provider in synthetic diamond and cubic born nitride products.
CONSUMER
BIC on the acquisition of Tangle Teezer from Mayfair Equity Partners.
DIGITAL INFRASTRUCTURE
Starwood Capital Group on its strategic investment in Echelon Data Centres, a leading data centre developer in Ireland and the UK. We also advised on Echelon’s new €900 million debt facility which will provide capital for the group’s continued expansion.
Oak Hill Advisors and Twin Point Capital on the sale of a majority interest in National Broadband Ireland, the Ireland based telecommunications service provider, to Asterion Industrial Partners.
Blackstone Infrastructure Partners backed Phoenix Tower on its acquisition of Cellnex’s Irish tower business.
InfraVia Capital Partners on its investment of a 49.9% stake in Fibre Networks Ireland Holdings Limited, a dedicated joint venture fibre company with eir, focused on the deployment of fibre-to-the-home across Ireland.
EDUCATION
The Institute of Education on its sale to KKR-backed Dukes Education, an international schools group with more than 32 schools across the UK and Europe.
Leeds Equity Partners, a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information and data management services industries, on the acquisition of Learnosity, the global leader in assessment solutions.
ENERGY
Partners Group and Greenlink on the sale of the Greenlink undersea electricity interconnector cable in a transaction that values Greenlink at an Enterprise Value of over €1bn.
LED Group on its partnership with Oaktree Capital Management to develop a leading platform for building electrification products and energy transition solutions.
Ingka Investments, the Netherlands based investment company focused on minority investments in startups and growth companies, on its acquisition of 20% of offshore wind projects in Ireland and the United Kingdom, from Source Galileo Ltd, the United Kingdom based joint venture between Source Energie and Galileo Green Energy.
Pioneer Point Partners LLP, the sustainable infrastructure investment firm, on its investment in Stream BioEnergy Limited.
KKR, through its portfolio company John Laing Group, the United Kingdom based investor, developer and operator of privately financed, public sector infrastructure projects, on:
- its acquisition of three assets in Ireland from Irish Infrastructure Fund, an infrastructure fund managed by AMP Ltd, the listed Australian entity. The assets included: - the Convention Centre Dublin, a purpose-built convention centre - Towercom, an independent telecommunications tower company, with a nationwide portfolio of 409 towers - Valley Healthcare, a primary care centre operator
- the disposal of Glencarbry wind farm to Greencoat Renewables.
FINANCIAL SERVICES
Harbourvest, GTCR and Apax backed, AssuredPartners Inc, the insurance brokerage investment vehicle on the build-out of its Irish platform (through its Gallivan Murphy Insurance Brokers acquisition) with its bolt-ons of O’Callaghan Insurances, O’Donavan Insurances, Fitzgerald Insurances and Sayers Insurances.
Montagu Private Equity on:
- its strategic investment in Ireland-based fund governance and regulatory firm Waystone
- the disposal of a stake in Universal-Investment-GmbH, the Germany based portfolio management firm, to Canada Pension Plan Investment Board
- the acquisition of a majority stake in OASIS Group, a leading records and information management (RIM) company in Europe.
M&G on the acquisition of a 41% stake in Finance Ireland, Ireland’s largest non-bank lender alongside Pimco.
Epiris on its £206 million acquisition of financial services firm IFG Group plc.
Apex Group on the acquisition of Bank of America Custodial Services (Ireland), the Ireland based provider of custody and depositary related services to collective investment schemes established in a range of jurisdictions.
Further Global Capital Management on its acquisition of AA Ireland.
FINTECH
Clune Tech Investments, the majority shareholder of Immedis, the Ireland based provider of payroll and tax obligation services, on its sale to UKG Inc, the Hellman & Friedman and Blackstone backed software company.
Advent International, through its portfolio company, Mangopay, on the acquisition of WhenThen, the payments operations platform.
FOOD AND AGRI
3i, through its investee company, European Bakery Group, the Netherlands based dutch Bakery on the acquisition of Panelto Foods, the Ireland based bakery operator.
Pat the Baker and Irish Pride on their proposed sale to Mayfair Private Equity.
HEALTHCARE AND LIFE SCIENCES
Chanelle Pharma, the generic drugs company engaged in the manufacturing and distribution of human and veterinary pharmaceuticals, on its sale to Exponent Private Equity.
Exponent Private Equity, a leading private equity firm, on its investment in Kingsbridge Healthcare Group.
KKR, through its portfolio company, Biosynth Carbosynth, a supplier of critical materials to the life sciences industry, on its acquisition of Aalto Bio Reagents, which will expand its capabilities and its offering to the in-vitro diagnostic and vaccine development industry in the field of emerging disease.
Advent International on its agreement to acquire a significant minority stake in Felix Pharmaceuticals Pvt Ltd, and on its acquisition of WhenThen
MEDIA, ENTERTAINMENT AND SPORT
Shutterstock, Inc., the leading global creative platform for transformative brands and media companies, on its acquisition of Pond5 from Stripes Group, LLC and Accel Partners Ltd.
MCD Productions Ltd. on its 50% acquisition stake by LN-Gaiety Holdings Limited, the UK-based holding company having an interest in live event and venue management companies and a subsidiary of Live Nation Limited, from Denis Desmond and Caroline Downey.
WPP Plc, a multinational advertising and public relations company, on the sale of The Kantar Group Limited to Bain Capital, L.P.
REAL ESTATE
Azora, one of the leading hospitality and leisure investors across Europe, on financing its deal to acquire a portfolio of urban hostels including Jacob’s Inn in Dublin.
Strategic Value Partners, LLC on the acquisition and financing of Blanchardstown Centre, one of Ireland’s leading shopping destinations.
Archer Hotel Capital on its acquisition of the Shelbourne Hotel, one of Ireland’s most luxurious hotels, from Kennedy Wilson.
Brookfield Asset Management on its acquisition of the entire issued share capital of Hibernia REIT plc for €1.089 billion.
Green REIT plc on its €1.34 billion takeover by Henderson Park, the first multi party auction takeover process of its kind.
TECHNOLOGY
CogneSense, a platform company of L Squared Capital Partners, on its acquisition of Sonitus Systems, a leading provider of environmental noise, air quality and vibration monitoring solutions.
Distilled Ltd., Ireland’s leading online classifieds company, on its sale to Blacksheep Fund Management.
Astorg and Bridgepoint Advisers on the co-investment acquisition of Fenergo, the leading provider of Know-Your-Customer (KYC) and Client Lifecycle Management (CLM) software solutions for financial institutions, from Insight Partners.
Motive Partners GP on the disposal of Global Shares plc, the Ireland-based software publisher offering equity administration, employee share plan, employee support, and equity trading solutions to JP Morgan.
HG Capital, through its structured minority investment strategy, Transition Capital, on a minority growth investment in Thesaurus Software, a payroll and accountancy software provider. This investment facilitated the acquisition of Relate Software and Accountancy Manager through Thesaurus Software.
Hanover Investors on its takeover of global leader in customer engagement software Escher Group.
Verdane Advisors AS on the acquisition of a majority stake in Corlytics, the Ireland based provider of risk intelligence software.
Leeds Private Equity through its portfolio company, LRN Corporation, on the acquisition of Interactive Services, the Ireland-based provider of global compliance and online learning solutions.
PROFESSIONAL SERVICES
- The partners of Moore Ireland on the sale of a majority stake in Moore Ireland to London-based accounting firm, Moore Kingston Smith, funded by Waterland Private Equity
- Grant Thornton Advisors LLC on its combination with Grant Thornton Ireland’s advisory and tax businesses, with backing from an investor group led by New Mountain Capital, a leading growth-oriented investment firm with approximately €55 billion in assets under management
- Exponent Private Equity in relation to the acquisition of a majority investment in Xeinadin, the UK provider of accounting services.