Financial management software company, AccountsIQ, has raised €5.8m in a new funding round. The financing was led by Amsterdam-headquartered Finch Capital, a venture capital firm that is a partner with Enterprise Ireland in a €20m fintech-focused fund. AccountsIQ is to use the funding for growth and recruitment across sales and marketing, customer success and engineering […]

Private equity investor, Rutland Partners, has completed its investment in JSM Group, a UK-based market leading infrastructure services provider to the critical digital communications and power sectors. JSM provides services across multiple areas including FTTP (Fibre To The Premises), the core fibre infrastructure network, mobile networks and datacentre connectivity as well as high-voltage connections in […]

Irish headquartered renewable energy company, Mainstream Renewable Power, has signed an agreement with Norway-based renewable energy investment company, Aker Horizons, which will acquire a 75% equity stake in the company. The Philip Lee M&A team led by John Given and Andreas McConnell was delighted to advise Mainstream on this transaction which, subject to regulatory approval, […]

SME growth investor Magenta Partners has invested in Maker & Son, a luxury upholstered furniture and home furnishings brand based in Sussex. Maker & Son was founded in 2018 and sells sustainably and ethically produced furniture pieces directly to customers from mobile showrooms rather than traditional retail stores. The business currently operates in the UK […]

SynOx Therapeutics Ltd, an Irish incorporated clinical stage biopharmaceutical company, has announced the closing of a €37 million Series A financing co-led by HealthCap and Medicxi and joined by investors Forbion and Gimv. SynOx, a spin out of oncology company Celleron Therapeutics Ltd, secured exclusive world-wide rights for the clinical development, manufacturing and commercialisation of […]

Paris investor Omnes has acquired a controlling stake in the Irish solar PV developer Power Capital Renewable Energy (PCRE), who will focus on developing and building a 500 megawatt solar PV portfolio in Ireland. PCRE is set to be a dominant player in the emerging Irish solar sector over the next decade. Our corporate team […]

The state-backed investor BGF has invested €10.5 million in Dublin-based cybersecurity business Edgescan. Our corporate team was delighted to advise Edgescan on this investment. Further details available here. Further information also available on The Irish Times website.  

Inbhear Fund Services has been sold to administration company Sanne Group. Jersey-based Sanne bought the Dublin company to strengthen its presence in Dublin and to gain a foothold in the Cayman Islands, where Inbhear have been operating since 2016. Our corporate team represented the sellers on this transaction. Further information available here.

We were delighted to advise retail tech start-up NearSt in raising £2 million in seed funding from investors. Founded in 2015 by Nick Brackenbury, NearSt drives customers back into high street shops by enabling local shops to list live in-store inventory. Further information available here.

Independent international solar developer Elgin Energy has secured a fourth fundraise for £4.7 million to provide capital to complete late stage development of 250 megawatts of UK solar projects. This was the second successful fundraise completed in partnership with Cantor Fitzgerald Ireland. Both fundraises will be used to finance late stage development of Elgin Energy’s UK pipeline. […]