SSE Airtricity has acquired a 40% stake in Active8 Solar Energies, with an option to acquire an additional 10% within 2 years. Ann-Marie Reddy of Blackthorn Capital advised Active8 Solar Energies on the transaction.
Many business owners who put their exit on hold because of the economic downturn are only now re-establishing a good trading record. To achieve the optimum exit strategy, planning should begin as early as possible. Sunday Business Post 26 June 2017 “Smart owners seeking to exit their business used the last number of years to … Read more
Alternative Funding For Acquisitions It is good news to see new sources of lending like recently launched BMS Finance Fund, backed by the Ireland Strategic Investment Fund, and aimed at loans of up to €5m for working capital, capital expenditure, acquisitions and MBO’s. While the pillar banks having being stepping up to the mark in … Read more
Up to 50% of private business sales fall through before reaching completion. There are many reasons for this but it is clear far too many business owners try to sell when they are not fully prepared… Pre-Sale Planning – Issues to be considered Motive for selling; is it the right time?, when is?, have you brought … Read more
Everyone has their own reason for selling or disposing of a business. It may be to pass the business onto family members whether it be way of a gift or for consideration. Or it may be to sell the business on the open market for the best possible price. Either way the potential tax liability … Read more
Introduction The Companies Act 2014 became operative on 1 June 2015. The Act consolidates and modernises Irish company law and is expected to make it easier for companies to do business in and through Ireland. The principal changes under the Act relate to the private company limited by shares, which is the most common type … Read more
Compliance Obviously compliance is essential in any company. This entails ensuring your year end is completed on a timely basis and that your revenue and companies office filings are monitored and filed on time. It also is important that these matters are completed as soon as the year end has passed in order that your … Read more
Sunday Independent, 18th October 2015 Dr. Dermot Smurfit has invested €1m in Irish paper distribution company GPMI, formerly known as PaperlinX. The former deputy chairman of Smurfit Kappa, brother of Michael Smurfit and father to gambling entrepreneur Dermot junior and actress Victoria, is taking a 49pc stake in GPMI as part of the transaction. The … Read more