Navy-Blue-Logotype-1Navy-Blue-Logotype-1Navy-Blue-Logotype-1Navy-Blue-Logotype-1
  • Business Owners
  • Management Partners
  • Team
  • Portfolio
    • Boojum
    • Simtech
    • Rennicks
    • CRS
    • Kappture
    • Allied Imports Group
    • AQF Medical
    • Irish Rollforming
    • Herdwatch
  • Newsletter
    • Podcast
    • Knowledge Centre
      • The Real Deal 2020
      • The Real Deal 2019
      • The Real Deal 2018
  • Careers
  • Contact
Renatus’ Weekly M&A Newsletter – 15/11/2020
November 15, 2020
Renatus’ Weekly M&A Newsletter – 13/12/2020
December 13, 2020
December 1, 2020

Longboat is acquired by Advarra, Uniphar acquires RRD International, Keywords Studios to acquire Gnet Media, DCN Dx has received growth capital from Martis Capital and much more in this weeks Renatus Capital Partners newsletter.

Renatus Private Equity Dublin, Ireland

Dear Reader,

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

M&A ACTIVITY

Longboat is acquired by Advarra

Deal Details: Longboat Clinical has been acquired by US and Columbia-based company Advarra. The financial details of the deal were not disclosed, although informed sources said it represented one of the biggest M&A deals in Ireland this year.

With offices in Limerick and Dublin, Longboat’s user-friendly, integrated platform helps to simplify trial conduct and participation, increase study compliance and, ultimately, accelerate clinical trials.

Advarra is the market leader in regulatory review solutions and clinical site technologies. It provides integrated solutions that safeguard patients, empower clinical sites, ensure compliance and optimize research performance.

The combination of Advarra’s existing offering with Longboat’s technology will create the industry’s first integrated compliance management platform linking regulator review solutions with clinical site technologies.

Advisers: Deloitte’s Munster-based Financial Advisory Partner Ronan Murray and Associate Director Derek Murphy provided M&A corporate finance advice to the shareholders of Longboat Clinical. Deloitte also provided tax support to the vendors.
Alan O’Driscoll, John Troute and Jonathan O’Beirne from Flynn O’Driscoll provided legal advice to Longboat shareholders.
Advarra received legal advice from Ropes & Grey (US) and an A&L Goodbody team led by Mark Ward and Phil Fogarty.

Renatus Comment: This deal marks another exit for serial entrepreneur Gerard Ryan who previously sold Dublin-listed Icon for a reported €50m. Longboat had raised €4m in funds previously with backers including Kieran Curran and former Pfizer Ireland CEO Dave Shanahan. Latest filings for Longboat are for the period ending December FY 2018 and show the business made a net loss of c. €1.25m for that period

The status quo in clinical trials for many years has been a reliance on a paper-based system of record keeping and patient data handling. COVID-19 has changed a lot of this. Trials that may have lasted years are being fast-tracked to be completed in months, creating timing pressure on the people collecting and analysing the data. Technology solutions, like Longboat’s, that were seen as being nice-to-have are now quickly becoming must-haves.

Source: Longboat Clinical Press Release, Irish Times

Uniphar acquires RRD International

Deal Details: Irish pharma supply group Uniphar has acquired US-based RRD International. Although the financial consideration was not disclosed, terms include an upfront payment plus a consideration linked to EBITDA performance  targets.

RRD International is a product development company that provides integrated, expert-level strategic, regulatory and operational support to biopharmaceutical companies and investors.

Uniphar PLC is a trusted global partner to pharma and med-tech manufacturers across three divisions – Commercial & Clinical, Product Access and Supply Chain & Retail.

With a workforce of over 2,300 people, Uniphar is active across Ireland, the UK, Benelux, the Nordics and the US.

Advisers: Seamus Egan of the Uniphar Corporate development team, Blank Rome US, Dublin-based Capnua, PwC Chicago & PwC Dublin assisted Uniphar with the transaction.

RRD was represented by Clearsight Advisors, an investment banking firm, headquartered in McLean, VA.

Renatus Comment: This deal marks Uniphar’s second US acquisition after acquiring Diligent Health solutions for c.€23.1m in late September. Uniphar is a great case study of an Irish-founded business undergoing tremendous growth nationally and looking to expand operations to service a wider global market.

This acquisition is part of the group’s strategic objective to expand its US footprint. Acquiring RRD will give them unique access to new products and will provide them with crucial insights into a highly regulated US pharma market.

Source: The Irish Times, RRD

Keywords Studios to acquire Gnet Media

Deal Details: Dublin-headquartered video games specialist Keywords Studios has agreed to buy Gnet Media in a deal reportedly worth up to $32m(c.€27m). Keywords will pay an initial consideration of $14.4m in cash with $3.5m in shares payable one year post-completion. The remaining consideration of up to $14m will be contingent on performance targets being met.

LA-based Gnet Media provides marketing services to the video games and entertainment industries and has worked on franchises such as Call of Duty, Fallout, Gears of War and Destiny.

This is Keywords’ fourth acquisition since its  £100m share placing in May and is part of the company’s bid to broaden its range of marketing services. This is part of an overall strategy to become the “go to” technical creative service platform for the video game industry.

Gnet brings the number of Keywords specialist marketing studios to seven.

​​​​​​

Advisers: None Mentioned

Renatus Comment: Keywords Studios is one of the most frequently featured companies in our weekly newsletter due to its activity in the M&A market. Keywords is up there with CRH as being one of the best examples of an Irish company meticulously executing a programmatic M&A strategy to augment its organic growth. Not too long ago Keyword Studios completed a share placing which helped to give it the financial firepower to go out and complete this and other acquisitions.

A focused acquisition strategy can be a key tool in a company’s growth playbook. This is an area that we in Renatus have deep expertise in and can help in exploring. If you would like to have a chat on this, feel free to reach out by simply replying to this mail.

Source: Keywords Studios

DCN Dx has received growth capital from Martis Capital

Deal Details: DCN Dx has received equity investment from Martis Capital, a private equity firm focused on the healthcare industry. The financial consideration was not disclosed.

Based in California and co-founded by Brendan O’Farrell, DCN Dx is the world’s leading independent developer of lateral flow technology for point-of care diagnostics application. Over the past 15 years, DCN Dx has successfully developed more than 100 rapid diagnostic tests for its customers.

Based in San-Francisco, Martis Capital manages more than $1.2bn of equity capital and is currently investing out of its third fund.

Advisers: Pegasus Capital and TM Capital advised on the transaction

Renatus Comment: Given the challenges we face today, diagnostic testing companies have quickly become attractive investment targets for corporate and financial acquirers. A high-growth industry driven by immense global demand makes this an attractive investment for Martis.

It is great to see Pegasus, a well-respected Irish corporate finance  boutique playing a part in an all-US deal under challenging times.

Source: DCN Press Release

DEAL UPDATES

Irish Infrastructure Fund’s acquisition of Magnet Networks gets approved

The proposed acquisition by Speed Fibre Intermediate Holdings Limited, an entity controlled by the Irish Infrastructure Fund, of Magnet Networks Limited has been cleared by the Competition and Consumer Protection Commission.

Speed Fibre Intermediate Holdings Limited is the purchasing company for the proposed transaction. The Irish Infrastructure Fund invests in infrastructure assets in the State.

Magnet Networks, owned by Ken Peterson, is a leading Telecommunications, Data Connectivity and Security Services provider, providing solutions to homes, businesses, and enterprise customers in Ireland, throughout Europe, the US and beyond.

Source: CCPC

Caldic’s acquisition of Brand-Nu laboratories and BNL sciences gets regulatory approval

The proposed acquisition by Caldic B.V. of sole control of Brand-Nu Laboratories, Inc. and BNL Sciences Ltd. has been cleared by the Competition and Consumer Protection Commission.

Netherlands-headquartered Caldic is a full-service innovative solution provider for the global Food, Health & Personal Care, and Industrial markets.

BNL Sciences, based in Naas, Ireland, is one of the leading distributors of high purity chemicals to the pharmaceutical industry in Ireland. American company Brand-Nu focuses on the distribution of high purity specialty chemicals, excipients, and biological raw materials.  

Source: CCPC

COMPANY PERFORMANCE

EBITDA  is an accounting term and is often the best indicator of profitability in non-capital-intensive businesses before financing and tax are considered. In capital-intensive businesses EBIT or EBITDA less average Capital Expenditure are often better measures. YoY is an acronym for the year-on-year movement in turnover, EBITDA, etc.

Quarry and Mining Equipment Limited (QME) undertakes contract mining projects in Ireland and abroad. QME also offers rental and ownership opportunities for new and used mining and tunnelling equipment.

In its latest fiscal year,  QME  saw revenue increase by 12.6% to c. €24.7m. EBITDA also increased by 5.5% to c. €4.5m during the period. Gross profit margins increased by roughly four percentage points to c. 71% in FY19. The relative underperformance in EBITDA growth versus revenue growth was the result of a c. €2m increase in overhead expenses to c. €14.4m during the period.

The company had a net cash decrease of c. €447k in FY19 leaving an ending cash balance of c.€1.9m. The most significant movements in cash was the c.€6.1m in capital expenditure virtually all of which related to plant & machinery, the c.€3.7m in new loans drawn down and the c.€980.6k spent on “Other Unlisted Investments”.

The company employed an average of 147 employees in FY19 at a total cost of c.€10.9m. Quarry and Mining Equipment Ltd is owned by Peter Mcparland( 66.7%) and Brenda Mcparland (33.3%).

BS&B Safety Systems Limited is the Irish operations of BS&B, a world leader in the design and manufacture of non-reclosing pressure relief devices that protect personnel and equipment from the dangers of overpressure and explosion. BS&B has operations in North America, South America, EMEA and in APAC.

In its latest fiscal year,  BS&B safety saw revenue increase by 16.6% to c.€20.6m. BS&B generates its revenue in Ireland (c. 25%), Europe (c. 41%) and Rest of World (c. 34%). Despite a marginal decline in gross margins by one percentage point to 81%, EBITDA grew by c. 47% to €6.3m during the period as a result of overheads remaining largely flat at c. €10.7m.

The company had a net cash increase of c.€2.3m in FY19 leaving an ending cash balance of c.€4.4m. The largest drain on cash was the c.€407k invested mainly in fixtures, fittings & equipment and plant & machinery  and the c.€1.7m worth of dividends paid out to shareholders during the period.

The company hired an extra 7 people in FY19 bringing the total headcount to 78 people at a total cost of c. €5.3m. BS&B Safety Systems Limited is ultimately owned by Panama-based Caffa Holdings S.A.

Niagara Films Ireland trading as Brown Bag Films was Founded in 1994 by Managing Director Cathal Gaffney and Creative Director Darragh O’Connell . It has since become a world-renowned creative driven animation studio headquartered in Dublin.

In its latest fiscal year, Niagara Films saw revenue decrease marginally by 1.2% to c. €50.1m. Roughly 80% of Niagara’s revenue is attributed to production with the remaining c. 20% coming from distribution. EBITDA declined by c. 18% during the period to c. €9.1m. The EBITDA decline looks to be the result of a c. €750k increase in overheads coupled with a roughly one percentage point decline in gross margins to c. 35%. ​​​​​

The company had a net cash decrease of c.€2.4m in FY19 leaving an ending cash balance of c. €12.1m. There was a huge draw on cash during the period due to working capital suck of c. €8.2m, mainly comprised of a c. €5m increase in trade and other receivables and a c. €2.2m decrease in creditors. Additionally, c. €3.6m was spent on acquiring content and €1.8m of dividends were paid out. Partially offsetting these outflows was the issuance of c. €3.66m worth of new shares.

The company hired an extra 64 people in FY19 bringing the total headcount to 398 at a total cost of c. €21.6m. Brown Bag Films was acquired by Canada-based 9 Story Media Group in 2015.

RECENT FUNDRAISINGS

Who: Dublin-based Agtech start-up Cainthus has raised funding. Founded by brothers David and Ross hunt in 2016, Cainthus has developed facial recognition for cows.

What: The company set out to raise more than $51m(c.€42m) but didn’t say how far the fundraising had proceeded. Latest filings show that Cainthus has 23 different shareholdings with the largest being brothers David and Ross Hunt owning a collective c. 38% of the shares. The next biggest shareholders are Cargill, one of the largest privately held corporations in the US, holding c. 29% and Kendry Corp with 19% of the shares.

Why: The intended use of funds was not disclosed.

Source: RTE

Who:  Global online education provider Udemy has raised further funds. Founded in 2010, Udemy offers over 150,000 online courses across an array of subjects including Business, IT & Software, Marketing and many other areas.

What: The most recent fundraise amounted to $50m (€42m) bringing the total investment this year to $100m and total fundraising to date to $250m.

Why:  The funds will be used to expand its footprint in Dublin. The company have announced 100 new jobs in Dublin as part of expansion.

Source: RTE

Who:  Food group Greencore raises funds in new share placing.

What: £90m(c.€101m) was raised from the placing of over 80 million new shares.

David Kearney and John Flynn of Goodbody, along with HSBC and Shore Capital Stockbrokers acted as joint Global co-ordinators on the equity placing. Arthur cox acted as legal advisors.

Why: The placing was undertaken to protect and support growth in the business.

Source: RTE

Who: The Naked Collective, an Irish start-up that makes non-alcoholic drinks. Based in Kildare, the company is led by Niall Phelan who also co-founded Rye River Brewing company.

What: The business has completed a reported €6m funding round with the expectation of raising millions more in quarter 1 of 2021. Named backers include Luke Vice and James VanderLinden the duo who set up Aware.

Richard Duffy of BDO Corporate Finance advised the Naked Collective on the fundraise.

Why: The funds raised are being used to accelerate the company’s launch into the North American market.

Source: Sunday Times

Who: Kinzen, a fake news detection platform built by Mark Little and Aine Kerr.

What: Kinzen has closed a reported $2.2m funding round led by FST Growth, a Danish start-up accelerator. Business Venture Partners, Hostelworld co-founder Ray Nolan, Enterprise Ireland and Singapore-based Derianto Kusuma also participated in the round.

Why: Funds raised will likely be used to continue developing the technology platform to tackle misinformation, an increasing problem for big tech companies such as Google, Facebook and Twitter.

Source: Irish Times

EXECUTIVE AND BOARD APPOINTMENTS

We in Renatus believe that more important than the deals are the people and we have teamed up with leaders in this field Korn Ferry to provide you with details of key recent executive and board level appointments.

Orla Collins

Source:
(Google Images & LinkedIn)

Stephen Watkins

Source:
(Google Images & LinkedIn)

Paul Doddrell

Source:
(Google Images & LinkedIn)


Michelle O’Connor

Source:
(Google Images & LinkedIn)


Gillian Keating

Source:
(Google Images & LinkedIn)

THOUGHT FOR THE WEEK

The possibility that CGT could double next March in sterling land has caused quite a stir.

We had spoken to some such vendors about acquiring part or all of their businesses and they were in no rush but now they are.

It would be difficult to go from a standing start and acquire a business now but anyone who has had a chat before and it has gone quiet should attempt to re-ignite the chat.

Below is an article outlining possible changes.

Article link: UK may double capital gains tax burden

LAUNCH PROGRAMME

We in Renatus wanted to make our readers aware of a really super initiative to support Irish entrepreneurs in the Cork locality.

BKK Advisory, Ronan Daly Jermyn, Republic of Work MGFD Digital Marketing Consultancy have joined forces as a professional group to offer a mentorship and support programme to help grow the start-up community locally in Cork.

They are coming together under the Launch | Your Business | With Partners programme to provide a professional partnership with 10 growing businesses to access a network of industry-leading entrepreneurs and professionals who will share valuable expertise and experience of growing successful ventures over a 6-week Programme.  At the end of the programme, participants will have the opportunity to use learnings gained to participate in a competition where each will be afforded the opportunity to “pitch” their business to a panel for a Launch scale-up support prize to the value of €25,000.

If you wish to learn more you can visit the website here or you can apply to the Launch Partnership Programme here.

@RenatusCapital Tweets

8.1% & 4.2%

The year-on-year increase in the Irish retail volume and value indices, respectively, for October 2020 with the most notable changes in Bars (-75.2%) and Other Retail Sales (+41.2%), according to @CSOIreland

3.7%

The year-on-year increase in the Irish average weekly earnings for Q3 2020 amounting to €797.83. The increase is a likely result of Covid-related wage subsidy schemes, according to @CSOIreland

65.5

The KBC Bank Irish consumer sentiment index for November 2020, a 12.9 point jump from October. @rte

29.8%

The year-on-year decrease in the Irish road freight tonnage for Q2 2020 amounting to 30.0 million tonnes transported by road, according to @CSOIreland

ABOUT RENATUS

Renatus was established in 2014 by Mark Flood and Brendan Traynor 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 of €5m and above. Our typical solutions include:
  • Succession Planning
  • Management Buyouts / Buy-Ins
  • Funding for organic growth
  • Acquisition Funding; and
  • Share Sales
Management Partners
Business Owners

OUR INVESTMENTS

LEARN MORE…

Renatus’ Knowledge Centre

Our Knowledge Centre is filled with insights from some of Ireland’s top business leaders on Succession Planning, Management Buyouts / Buy-Ins, Growth Financing and much more.

Visit the Knowledge Centre

Receive this Newsletter Direct to your Inbox

To receive Renatus’ Weekly M&A Newsletter directly to your inbox, click the button below and subscribe to the newsletter.

 

Subscribe to our Newsletter
Share

Ground Floor,    Harmony Court,
Dublin 2,                          D02 RH68

T: +353 | 1 5549269
E: info@renatus.ie

Business Owners
Management Partners
Team
Portfolio
Newsletter
Podcast
Knowledge Centre
Contact

© 2023 Copyright
Renatus Capital Partners.

All Rights Reserved

Privacy Policy

    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.