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Renatus’ Weekly M&A Newsletter – 17/04/2022
April 18, 2022
Renatus’ Weekly M&A Newsletter – 01/05/2022
May 1, 2022
April 24, 2022

Partners Group acquires a majority stake in Version 1, Abbey Tours MBO, Groupe Bruxelles Lambert acquires a majority stake in Affidea and much more in our latest M&A newsletter.

Renatus Private Equity Dublin, Ireland

Renatus Weekly M&A & Company Performance Private Equity Newsletter 24/04/2022

Dear Reader,

Please find below this week’s newsletter covering the latest M&A, company performance, fundraisings and executive moves.

THOUGHT OF THE WEEK

With Covid and the awful events in Ukraine, the tidying up of Brexit fine print went under the radar.

Left alone, Boris would openly renege on commitments and rip up the protocol which was agreed upon in detail.

While they might attempt to bully little Ireland, the fact that Joe Biden warned Johnson this week not to mess about should keep him and his people honest which is comforting.

M&A ACTIVITY

Partners Group acquires majority stake in Version 1

Deal Details: Partners Group, a global private markets firm, is to acquire a majority stake in Version 1. Deal details have not been disclosed but it is reported that the deal values Version 1 at over €800m, 18 times forecast EBITDA for FY22.

Version 1, registered as Version 1 Holdings Limited, is a leading digital and cloud transformation partner to public and private sector customers across the UK and Ireland. Prior to this deal, the business was owned by Volpi Capital and by management. The business is led by CEO, Tom O’Connor, who will remain with the business post-deal. The business had reported FY20 revenues of €141m, which converted to an EBITDA of €21.4m.

Partners Group is a global private markets group. The business has invested over $170bn since 2016, with $127bn AUM as of December 2021. The business had FY21 revenue of €2.4bn, which converted to an EBITDA of €1.5bn.

Advisers:
Version 1:
Legal: A Maples team, led by Patrick Quinlan and supported by Colm Rafferty, Jordan O’Brien, Will Darmody, Conor Moran, and Shane Divilly on corporate, Mary Dunne and Richard Cepanauskas on competition, Lynn Cramer, Will Fogarty and John Crowley on tax, Claire Morrissey and Chanelle Huntly on IT/IP/data, Karen Killalea and Ciara Ni Longaigh on employment and benefits and Bernadette Lydon on property.
Deal Advisory: A Blackthorn Capital team, led by Ann-Marie Reddy.

Partners Group: None mentioned.

Renatus Comment: While Version 1 was on a strong, private equity-backed growth path led by Justin Keatinge prior to the Volpi investment, Volpi has played a key part in the growth journey of Version 1. The business has tripled in size over the last five years following Volpi Capital’s backing, which invested c. €90m at the time valuing the business at a reported c. €192m. The deal represents a successful exit for Volpi, whilst also allowing existing management to remain with the company and capitalise on the growing trend of digitalisation globally. Version 1’s initial growth and the partnership between Volpi and Version 1 have laid the foundations for the company to achieve its full potential.

Source: Version 1 Press Release

Abbey Tours MBO

Deal Details: Abbey Tours, the country’s largest inbound tour company, is being bought out by its management team, led by CFO Darren Byrne. The deal is being backed by DunPort Capital.

Abbey Tours Limited operates as a tour operator in Ireland. It specialises in group travel services such as bus tours of Ireland and general city breaks. The company was founded in 1978 and is based in Dublin, Ireland. It is owned by Jane Magnier, Marina Finn, and Patricia McColgan.

DunPort Capital is a provider of non-bank corporate and SME debt capital in the Irish market, with an expanding presence in the UK. The business was founded in 2017 by Pat Walsh and Ross Morrow.

Advisers:
MBO Team:
Corporate Finance: Grant Thornton led by Gareth Cosgrove and Bruce Waldron
Tax: Grant Thornton led by Emer Dowling
Legal: Byrne Wallace with a team made up of Feargal Brennan, Zelda Deasy and Paraic O’Kennedy

Renatus Comment: This deal is an excellent example of how an MBO can allow a company to alter its existing shareholder structure to facilitate growth, with the existing shareholders exiting the business and eight members of the current management partaking in the buyout remaining to drive the business’ post-Covid recovery.

In the three years prior to Covid, the business reported an average turnover of over €92m and an average EBITDA of c. €8m. The business’ revenues slumped to €2.5m in 2020, owing to the total shutdown of the tourism sector. DunPort has emphasised that Abbey Tours was a great company before Covid, and will be a great company after, with the MBO positioning the company for a post-Covid bounce.

Source: DunPort Capital Press Release

Groupe Bruxelles Lambert acquires a majority stake in Affidea

Deal Details: Groupe Bruxelles Lambert (GBL) has announced the acquisition of a majority stake in Affidea Group from B-FLEXION, a global private investments firm. The deal consideration was not disclosed.

Affidea Group, founded in 1991 is a leading provider of medical diagnostic services in Europe. The business operates 315 diagnostic, outpatient, and cancer treatment centers in 15 countries across Europe. While the business is headquartered in the Netherlands it has significant presence in Ireland led by Barry Downes, CEO of Affidea Ireland. Affidea Ireland reported revenue of c. €26.4m in FY20 and employed c. 217 staff.

Groupe Bruxelles Lambert is a publicly traded, Belgian holding company invested in various sectors in which it can play an active role as a professional shareholder over the long term. The group is led by CEO Ian Gallienne and its portfolio includes names such as Adidas, Canyon and Pernod Ricard.

Advisers: None mentioned.

Renatus Comment: This deal marks the end of a very fruitful partnership between Affidea and previous stakeholder, B-FLEXION. Under B-FLEXION’s ownership, Affidea grew from c. 120 centres to over 320 and now provides services to over 10m patients a year. This investment also marks GBL’s first private investment into the healthcare sector.

Source: Affidea Press Release

Tesab Engineering acquired by Metso Outotec

Deal Details: Metso Outotek, a Finish-headquartered leader in technology for the minerals processing and metals refining industries, has acquired Tesab Engineering, a Tyrone-based manufacturer of equipment for mining and quarrying. The deal consideration was not disclosed.

Tesab Engineering was originally founded in Sweden before moving its headquarters to Northern Ireland. The business offers Heavy Duty Crushers, a range of screeners, and trackstack bulk handling systems. Tesab reported revenue of c. £25m in FY21 and employed around 65 employees.

Metso Outotek, which was established in 2020 after the merger of Outotec and Metso Minerals, provides a range of services and machinery to the metal and mining industries. The business is publicly traded on the Finnish stock exchange and employs over 15,000 employees throughout 90 countries. The business recorded FY21 revenue of c. €1.28bn.

Advisers:
Tesab:
Legal: Tughans provided legal advisory led by John-George Willis, Aimee Craig, Ben Sims, Rachel Richardson, and James Mulligan.
Corporate Finance: BDO Belfast led by Shane Hall
Tax: Paul McCourt provided tax advisory.

Metso Outotek:
Legal: A&L Goodbody (Belfast) led by Mark Thompson.

Renatus Comment: This deal adds to Metso’s substantial business interests in County Tyrone following its acquisition of McCloskey International (based in Canada and Northern Ireland) in October 2019.

Tyrone appears to be a silicon valley for businesses involved in the manufacture of engineering and technology-led equipment solutions for the global mining and quarrying industry. The likes of CDE Global, Edge Innovate, Terex Finlay, Smiley Monroe, and Powerscreen all come to mind.

According to Quarry Products Association Northern Ireland (QPANI), there are c. 160 quarries in Northern Ireland, many of which are located in Tyrone. This booming quarry industry has led to the development of equipment manufacturing expertise to serve these quarries with over 90 manufacturing and engineering companies related to mining and quarrying equipment springing up in Tyrone. While the majority of the equipment produced in Tyrone is now for export, the ecosystem was built on the foundation of serving a booming local industry.

Source: Metso Outotek Press Release

Kestrel acquires Just Live a Little

Deal Details: Kestrel Foods, based in Portadown, has acquired Just Live a Little, the granola brand. Deal details have not been disclosed.

Kestrel Foods Limited operates a portfolio of food brands, with a focus on plant-based snacks such as dried fruit, nuts, trail mixes, and granolas. The business is owned by Managing Director, Michael Hall. The business reported FY21 turnover of €15.8m, which converted to an EBITDA of €1m is based in Co. Armagh.

The Just Live a Little granola brand was founded in 2012 by David and Jill Crawford. The product is artisan granola offered in local markets. The business does not publish turnover or EBITDA information.

Advisers: None mentioned.

Renatus Comment: The acquisition sees Kestrel Foods expand its current brand portfolio, which already includes Forest Feast, ACTI-SNACK, and Private Label, whilst keeping in line with Kestrel’s focus on plant-based products. The deal will likely prove mutually beneficial, with Just Live a Little benefitting from Kestrel’s global reach, with Kestrel currently exporting to 26 countries and customers spread across retail, foodservice, and e-commerce.

Source: Insider Media

McElwaine Technical Services acquires an arm of Element

Deal Details: Fermanagh-based, McElwaine Technical Services (MTS) has acquired the non-destructive testing arm of London-based global testing, inspection, and certification provider, Element. The deal consideration was not disclosed.

MTS was founded in 1996 and provides integrity testing of processes, plant, and equipment within the liquid food industry. The business is family owned with Neville, Maisie and Jason McElwaine having equal shareholding. The business employs c. 21 staff in Fermanagh, Bristol, Cumbria, and Glasgow.

Element was formed in 2010 after the MBO of the testing division of the Netherlands-based Stork Engineering Group, backed by 3i Group plc. In 2016 Bridgepoint became Element’s principal investor and Temasek also hold a significant stake in the business. The business reported a turnover of c. £569m in 2020 and employed over 6,500 people.

Advisers: None mentioned.

Renatus Comment: This acquisition provides a good example of some of the opportunities and difficulties presented by Brexit. MTS, with its headquarters in Fermanagh, is in the unique position of having direct access to both the UK and EU markets. At the same time, new legislation in the UK has created a UK-only conformity mark for these products and services which differs from the conformity mark required throughout the EU and is required for sale in the UK. With the opportunity to access two thriving markets, comes the extra complexity and cost of differing legislation and requirements between the two jurisdictions.

Source: The Irish News

Quip acquires Toothpic

Toothpic

Deal Details: Quip, a New York-based oral care subscription company, has acquired New York and Dublin-based telehealth dentist, Toothpic. The deal consideration was not disclosed.

Quip was founded in 2015 by Simon Enever and Bill May and provides oral care products on a subscription basis through a digital platform. The business reportedly recorded revenue of c. $27m in its latest financials and employs c. 200 staff.

Toothpic, with locations in both New York and Dublin, provides digital dental services connecting dentists and patients. The business is mainly focused on the US market and has partnered with companies such as Blue Cross Blue Shield of Massachusetts and Stanford University dental plan. As of December 2020, the business employed c. 22 staff. The business is led by co-founders, Mark Moore and Shane Owens.

Advisers: None mentioned

Renatus Comment: While the deal consideration was not disclosed, this is likely a great move for Irish-born founders and CEO/CTO of Toothpic, Mark Moore and Shane Owens. While not mentioned explicitly, reports suggest that the Toothpic team will join Quip following the acquisition. Quip is rapidly becoming a leader in dental technology with this acquisition bringing them a step closer to a full suite of dental care products and services.

Source: Cision

DEAL UPDATES & OTHER NEWS

Nordic Aviation Capital to exit bankruptcy

Deal Details: Limerick-based NAC has received approval from a Virginia (USA) court regarding a new restructuring plan which will see the business exit bankruptcy proceedings next month. The plan involves a $337m equity injection and a $200m revolving credit facility. In January of this year, NAC entered a separate restructuring support process which involved the business filing for Chapter 11 bankruptcy as a result of the business’s €5.6bn debt to equity shareholders and disruptions to trade during the pandemic.

Source: Independent

COMPANY PERFORMANCE

Meath-based Drummonds Limited is a feed, seed, and grain merchant predominantly serving farmers in the North East. The business operates from nine facilities throughout Ireland.

Drummonds reported FY21 revenue of c. €57.1m which converted to an EBITDA pf c. €2.1m, representing an increase of 1.1% and 25.3%, respectively. Significant post-EBITDA cash movements included the repayments of loans amounting to c. €2.0m and dividends paid of c. €1.8m. The business closed the year with a cash balance of c. €1.8m, a decrease of c. €1.6m from FY20.

The majority of Drummonds revenue came from the Republic of Ireland (c. 92%) with the remainder coming from the rest of Europe. The business employed an average of 53 staff throughout FY21 at a cost of c. €3.0m. The business is 50% owned by Liam Wolfe with the remainder held by Fane Valley Ireland.

Founded by John Condron in 1969, Condron Concrete is a manufacturer of concrete pipes, manholes, gulley traps, concrete roof tiles and accessories. The business operates from a facility in Tullamore, Offaly.

The business reported a turnover of c. €26m in FY21 which converted to an EBITDA of c. €3.9m. This represented a 17.5% and 42.4% increase, respectively. Significant post-EBITDA cash movements included the purchase of tangible fixed assets for c. €1.6m and proceeds from borrowings amounting to €1.9m. The business closed FY21 with a cash balance of c. €1.3m, an increase of c. €695.8k from FY20.

John James Condron is the holder of all voting shares in the business. The business employed an average of 99 staff throughout FY21 at a cost of c. €5.9m.

RECENT FUNDRAISINGS

Who: Dimply, a Dublin-based fintech business that provides an experience and engagement platform that helps financial companies reach their customers. The business was founded in 2020 by Alan Quinlan, Colm McLoughlin, and Johnny Kane.

What: The business has raised a €1m seed investment from private investors which included Gerry Hassett (formerly GWL / Irish Life) and John Purdy (Ergo/Fenergo), both of whom will take a seat on the Dimply board.

Advisors: CKS Finance advised on the deal with founder Conor Sheahan also investing personally.

Why: The funding will go toward hiring product and content designers to support the customer interest across the banking, insurance, and wealth management spaces.

Source: Irish Times 

Who: Wisetek, the Cork-based IT asset disposition provider, has raised funding.

What: The business has raised over €6m in funding from clients of Cantor Fitzgerald.

Why: The money will be used to build a new recycling facility in Ringaskiddy in Cork.

Source: Sunday Times

Who: Bowsy, an Irish start-up that provides a marketplace that connects third-level students and businesses through remote study-related project work and tasks. The business was founded by John Brady in 2020.

What: The business has raised €250,000 from Enterprise Ireland.

Why: The funding will reportedly go toward fuelling the company’s expansion.

Source: Silicon Republic

Who: Fresco, the Irish smart kitchen company, has raised funding.

What: The Dublin-based company has raised $20m (€18.4m) in funding.

Why: The money will be used to double its 60-strong team and allow it to invest in improving its digital platform.

Source: Irish Times

Who: Zeus Scooters, an Irish founded urban mobility sharing business specialising in electric scooters. The business was established by Damian Young and has a presence in five European countries as well as Malaysia.

What: The business has raised €1.5m in funding from over twenty individual investors including TMA Investments, Fergal Broder, Brendan Foley and Grey Hayden.

Why: The funding will be used to support Zeus’ growth.

Source: BusinessPlus

Who: Gasgon Medical, an Irish MedTech company based in Cork. The business provides a device, airvault, which is used to eliminate air bubbles in medical procedures. The business is led by founder and CEO, Vincent Forde.

What: The business has raised €2.25m in funding. The round was led by DBIC Ventures.

Why: The funding is set to go toward solving IV infusion issues.

Source: Business Post

EXECUTIVE AND BOARD APPOINTMENTS

We in Renatus believe that more important than the deals are the people and we are pleased to provide you with details of key recent executive and board-level appointments.


Caroline Spillane

Source:
(Google Images & LinkedIn)


Eddie Darby

Source:
(Google Images & LinkedIn)


John Duffy

Source:
(Google Images & LinkedIn)


Neil Gamble

Source:
(Google Images & LinkedIn)


Mark Richardson

Source:
(Google Images & LinkedIn)


Rachel McCausland

 

Source:
(Google Images & LinkedIn)

@RenatusCapital Tweets

14%

The year-on-year increase in freight volume moving through Dublin Port during Q1 2022, accounting for 8.9M tonnes. @RTEbusiness

18.8%

The year-on-year decline in the number of new vehicles registered in the European Union, Britain, and the European Free Trade Association (EFTA) as of March 2022. According to @ACEA_auto

13%

The current rate of construction price inflation in Ireland, according to new figures from @SCSISurveyors.

55.8

The S&P Global’s Flash Composite Purchasing Managers’ Index as of April 2022, up from 54.9 in March. Any reading above 50 indicates growth.
@RTEbusiness

190%

The year-on-year increase in the number of commencement notices lodged for new Irish homes as of March 2022 when compared with the same period last year. In total, notices for 2,809 units were received in March of this year. According to the @DeptHousingIRL

2.4%

The year-on-year decrease in the Irish government’s general gross debt to GDP ratio as of Q4 2021 when compared with the same period in 2020. The reduction was driven entirely by the increase in GDP. According to @CSOIreland

€3.5 Billion

The Irish Government’s surplus in Q4 2021, a year-on-year improvement of €5.2 Billion when compared with the same quarter in 2020. @CSOIreland

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ABOUT RENATUS

Renatus was established in 2014 to provide growth funding to growing Irish SMEs and to partner with ambitious management teams to help companies reach their full potential.

Renatus targets companies with sustainable earnings of €1m+ and valuations typically in the range of €5m – €20m. Our typical solutions include:

  • Succession planning
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  • Management buy-ins
  • Growth financing – both organic and acquisition growth financing
  • Full and partial share sale.
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    Adrian Stackpoole, Digital Marketing Associate

    • Adrian joined Renatus in 2018, initially as a Marketing Executive before moving into the role of Digital Marketing Associate. As part of his role, Adrian manages all the digital marketing aspects of Renatus as well as conducting digital research for portfolio companies.
    • Adrian holds with a BBS degree in Marketing and Entrepreneurship from the University of Limerick, as well as a Postgraduate degree from The Digital Marketing Institute.
    • Prior to joining Renatus, Adrian worked in New York with a start-up hospitality group, specalising in marketing and operations.
    TIERNAN O’HAGAN

    Tiernan O’Hagan, Associate

    • Tiernan recently joined Renatus Capital Partners as a Private Equity Associate. As part of his role, he researches and analyses the potential of new investments and acquisitions
    • Tiernan graduated with a B.Sc in business and law from DIT Aungier street & an MSc. in Entrepreneurship from Trinity College Dublin.
    • Previously worked with Capnua Corporate Finance for three months during a summer internship.
    • Tiernan is also in the process of sitting ACCA exams.
    Bronagh Kearns Renatus

    Bronagh Kearns, Associate

      • Bronagh recently joined Renatus as a Private Equity Associate. As part of her role, she will be researching and executing investment opportunities.
      • Bronagh holds a MSc in Quantitative Finance from UCD Michael Smurfit Business School and a BSc in Finance from University College Cork. Currently, Bronagh is in the process of obtaining the ACCA qualification.
      • Prior to joining Renatus, Bronagh worked as an Investment Banking Analyst in Rubicon Capital Advisors where she worked on M&A transactions on the execution side and financial modelling in the infrastructure sector. She also worked as an Investment Associate in River and Mercantile Solutions in London quantitatively screening different investment opportunities across all asset classes.
    Alan Manning Renatus

    Alan Manning, Associate

    • Alan joined Renatus Capital Partners in September 2021 as a Private Equity Associate. As part of his role, Alan researches and analyses potential investments and acquisitions.
    • Alan holds a B.Sc Finance from University College Cork.
    • Previously working in KPMG’s Consulting division, with the Financial Management Consulting team. During his time there he was engaged on a Finance Function Review for a European Travel Technology firm, and a review of the cash management strategy of an Irish Commercial Bank.
    • In the process of sitting ACCA exams.

    Conor Hall, Associate

    • Conor joined Renatus Capital Partners in June 2018 as a Private Equity Associate. As part of his role, Conor researches and analyses potential investments and acquisitions.
    • Conor holds an M.Sc. in Quantitative Finance from UCD Michael Smurfit Graduate Business School and a B.Sc. in Economics & Finance from UCD. He is currently working towards attaining the ACCA and CFA qualifications.
    • Prior to joining Renatus, Conor worked as an Analytics Analyst with Accenture, specialising in predictive modelling for fraud.

    Kyle Barry, Associate

    • Kyle joined Renatus Capital Partners in June 2016 as a Private Equity Associate. As part of Kyle’s role, he researches and analyses the potential of new investments and acquisitions.
    • Since joining, Kyle has worked on numerous transactions, including Simtech and Rennicks, and has worked with Renatus’ investee companies on a number of strategic projects.
    • Kyle holds an MSc. in Quantitative Finance (University College Dublin) and a BA Finance (Maynooth University). Currently, Kyle is in the process of completing the ACCA qualification.
    • Prior to joining Renatus, Kyle spent 15 months in Intel’s Finance department where he worked across the financial reporting, tax and capital financing teams.

    Philip Gardiner, Associate Director

    • Philip is an Associate Director with Renatus Capital Partners, having first joined the firm as its first employee in 2014.
    • Philip has responsibility for screening, assessment and structuring of new acquisitions.
    • He has worked on a number of transactions at Renatus including Boojum Mexican Restaurants and Simtech Aviation. Philip works actively with the boards of Boojum and Simtech Aviation.
    • Prior to joining Renatus, Philip spent four years in AIB’s corporate banking team where he worked on a mix of real estate and cash flow lending deals.
    • Philip is a member of the ACCA and holds an MSc. in Financial Services and a Bachelor in Business Studies, both from the University of Limerick.

    Jane Martin, Marketing and Administration Manager

    • Jane joined Renatus Capital Partners in June 2019 as a Marketing and Administration Manager. As part of Jane’s role, she writes the weekly newsletter, works on the CRM and looks after the admin and ad hoc tasks
    • Prior to joining Renatus, Jane worked as a Senior Account Manager in Mace Promotions where she worked closely with many SMEs as well as large corporations on their marketing projects

    Mark Flood, Director

    • Mark co-founded Renatus with Brendan Traynor in 2014. Prior to establishing Renatus, Mark spent seven years on the senior management team of the Racing Post in various operational and commercial roles. Before founding Renatus, Mark was Managing Director of the Racing Post’s Irish operation.
    • Prior to his career in the Racing Post, Mark was the first employee of FL Partners, an Irish based international private equity firm, where he was actively involved in over €300m worth of transactions.
    • Mark combines his financial, operational and commercial experience to bring value and energy to all partner companies.
    • Mark is a Chartered Accountant and holds a Bachelor of Commerce and Masters in Accounting from NUI Galway.

    Brendan Traynor, Director

    • Brendan is a co-founder of Renatus. Prior to establishing Renatus, he was a Director in BDO Corporate Finance specialising in M&A, MBO’s/MBI’s, debt and private equity fundraising across a diverse range of sectors and clients.
    • His career focus and passion is the Irish SME sector and his deal expertise covers sectors such as retail, manufacturing, FMCG, healthcare, avaiation, media, medical devices, food and agriculture, construction, and hotels and leisure.
    • Brendan is a Chartered Accountant and holds a Bachelor of Commerce from University College Dublin

    Conor Mehigan, Associate Director

    • Conor joined Renatus Capital Partners in 2021 as an Associate Director. Conor has responsibility for screening, assessment and structuring of new investments and acquisitions.
    • Prior to joining Renatus, Conor spent five years in IBI Corporate Finance specialising in M&A, debt and private equity fundraising for private and public companies across a range of sectors. Prior to his career in IBI Corporate Finance, Conor spent four years in Deloitte’s Corporate Finance Division, specialising in Transaction Services
    • Conor is a Chartered Accountant and holds a BSc in Finance from University College Cork

    Greg Dilger, Strategic Advisor

    • Greg Dilger is a former Executive Director of NCB Stockbrokers and Investec Wealth & Investment.
    • He is an investor and advisor to Renatus and brings years of relevant experience to our team.
    • Greg is also currently a Non-Executive Director of Brewin Dolphin Ireland.
    Patrick Dooley Renatus

    Patrick Dooley, Associate Director

    • Patrick joined Renatus in November 2022 as an Associate Director. Patrick has responsibility for screening, assessment and structuring of new investments and acquisitions.
    • Patrick previously held leading positions in Focus Capital Partners, PKF O’​Connor, Leddy & Holmes & EY.
    • Patrick is a charted accountant and holds a Bachelor of Accounting and Finance degree from DCU, along with a Masters degree in Accounting from TUD.

    John Dwyer, Chairman

    • John joined Renatus in 2018 as a Chairman. Prior to Renatus, John spent 30 years at PwC in the UK, 20 years as a Partner, John led the UK and Global Deals business at PwC and was an executive board member of the UK firm.
    • Prior to that, John led the UK and Global Private Equity business at PwC and worked with firms including 3i Group, Apax Partners, CVC Capital Partners and Cinven.
    • John is married to Natasha and they have three children. John works between Dublin and London and his charity work includes chairmanship of Irish Youth Foundation UK.
    • He is an advisor and Board member of Irish digital marketing firm Pigsback and media firm Racing Post.
    • John is a Chartered Accountant and holds a Bachelor of Commerce from UCD.