Key Contact: Eoghan Doyle – Partner

According to Eoghan Doyle, partner at Philip Lee, the Irish market has “exploded” with private equity interest in recent years and 2024 thus far has been no different. He estimates that there has been roughly a 145% increase in the number of private equity deals this year.

“The UK and the US are consistently the most active investors/buyers of Irish businesses generally, and that follows through in the activity within the private equity market. Ireland has benefited from ‘the Brexit effect’ [and to a degree perhaps, other global instability factors] in terms of deal activity” he says.

“Investors looking to trade in the EU see Ireland with its stable political and economic climate, favourable tax regime and strong workforce as a fantastic investment opportunity to achieve that. There is a wall of capital looking to deploy in Ireland and a raft of strong-performing companies in sectors that will be targeted for private equity investment and M&A opportunities in 2025”.