TRANSACTIONS

Versatility and adaptability in addressing unique challenges and opportunities

Software & TMT Catriona Barry Software & TMT Catriona Barry

Fundraising for VideoElephant Ltd.

YEAR: 2016
SECTOR: Software & TMT
TERMS: Not disclosed

VideoElephant Ltd. ("VideoElephant") has the largest global online library of video content, sourced from Tier 1 content producers such as Press Association, ITN, Al Jazeera, and Euro News.

Pegasus Capital advised the company on raising funds, from venture capital funds such as ACT Venture Capital and DBIC, along with a small number of private investors. The funding has enabled the company to accelerate growth and expand its presence in the US which is its largest market for content.

View

Read More
Consumer & Food Catriona Barry Consumer & Food Catriona Barry

Fundraising for Rye River Brewing Company Ltd.

YEAR: 2016
SECTOR: Food & Drink
TERMS: Not disclosed

Rye River Brewing Co. Ltd. ("Rye River Brewing") is a leading Irish craft brewer. It owns a number of award-winning beer brands including McGargles and serves the Irish and export beer markets.

Pegasus Capital advised the company on a fundraising by specialist debt provider Bluebay Asset Management with the funding used to finance the development of a state-of-the-art 45,000 sq.ft. brewery in Celbridge, Co. Kildare.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Sale of Tucana Health Ltd. to 4D Pharma plc

YEAR: 2016
SECTOR: Healthcare
TERMS: EUR 12,000,000

Tucana Health Ltd. ("Tucana Health") is an early-stage diagnostics company focused on using microbiome signatures to diagnose irritable bowel syndrome. It is a spin-out company of University College Cork.

Pegasus Capital advised on the sale of the business to 4D Pharma Plc.; a therapeutics company listed on the London Stock Exchange. Tucana Health will integrate with 4D Pharma Plc.'s proprietary MicroRx platform which enables the rapid selection of bacteria that have a therapeutic effect in specific diseases.

View

Read More
Software & TMT Catriona Barry Software & TMT Catriona Barry

Fundraising for Wavebreak Media Ltd.

YEAR: 2015
SECTOR: Software & TMT
TERMS: Not disclosed

Wavebreak Media Ltd. ("Wavebreak") is a producer of stock imagery and video, which it sells directly and via the large global distributors including Shutterstock, Getty Images and Fotolia (Adobe).

Pegasus Capital advised the company on a recapitalisation, raising primary and secondary funding, thereby providing an exit for some long-standing venture capital investors, primary capital to help fund the growth of the business, and some liquidity for the founders.

View

Read More
Software & TMT Catriona Barry Software & TMT Catriona Barry

Sale of Acquirer Systems Ltd. to UL Inc.

YEAR: 2015
SECTOR: Software & TMT
TERMS: Not disclosed

Acquirer Systems Ltd. ("Acquirer Systems") is a leading provider of payment testing solutions to banks and card acquirers and issuers.

Pegasus Capital advised on a sale of the company to UL Inc., a global leader in payment and testing solutions headquartered in Chicago. UL Inc. has a strong market position in the payments testing space through its subsidiary, UL Transaction Services, and the acquisition enhanced its technology offering and consolidated its position as market leader.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Sale of Oxford BioSystems Ltd. to BioVendor Laboratorni Medicina a.s.

YEAR: 2015
SECTOR: Healthcare
TERMS: Not disclosed

UK-based Oxford BioSystems Ltd. ("Oxford BioSystems") supplies in-vitro diagnostic products and research tools for clinical, industrial and research laboratories.

Pegasus Capital advised on the sale of the business to Czech Republic-based BioVendor Group to facilitate the retirement of the company's founder.

View

Read More
Industrials Catriona Barry Industrials Catriona Barry

Sale of Finol Oils Ltd. to ACSTK Holdings

YEAR: 2015
SECTOR: Industrial
TERMS: Not disclosed

Established in 1977, Finol Oils Ltd. ("Finol") supplies a wide range of lubricants and other synthetic oils including anti-freeze, coolants, engine oils, gear oils, grease and hydraulic oils.

Pegasus Capital advised on the sale of the business to the Tricel Group, a leading Irish diversified industrial and environmental group in a transaction that enabled Finol's founder to retire from the business.

View

Read More
Industrials Catriona Barry Industrials Catriona Barry

Sale of Xtratherm Group to Unilin Bvba

YEAR: 2015
SECTOR: Industrial
TERMS: USD 158,900,000

Xtratherm Group ("Xtratherm") is an innovative manufacturer of high performance foam insulation products for the construction sector.

Pegasus Capital advised the company on its sale to Unilin bvba, a subsidiary of US-based flooring and insulation panels business Mohawk Industries Inc.

View

Read More
Consumer & Food Catriona Barry Consumer & Food Catriona Barry

Acquisition of Independent Colleges Ltd.

YEAR: 2014
SECTOR: Education
TERMS: Not disclosed

Independent Colleges Ltd. ("Independent Colleges") is a leading provider of third level courses to students in Ireland. The company also operates one of the largest English language teaching facilities in Ireland under the International House brand.

Pegasus Capital advised members of the Barry family on an acquisition of the company. The transaction enabled the new owners to focus on growing the business and refining the course offering based on those courses that they believed would be most popular with students.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Management buy-in of Aalto Bio Reagents Ltd.

YEAR: 2014
SECTOR: Healthcare
TERMS: Not disclosed

Founded in 1978 by brothers Peter and Aidan O'Boyle, Aalto Bio Reagents Ltd. ("Aalto Bio Reagents") is a leading provider of raw materials to the in-vitro diagnostics industry and to research laboratories globally. The company is particularly focused on rare tropical diseases including the zika, chikungunya and dengue virus.

To facilitate the retirement of Aalto Bio Reagents' founders, Pegasus Capital identified a new management team and advised on a management buy-in transaction.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Sale of Cappella Peel Away Inc. to Stentys SA

YEAR: 2014
SECTOR: Healthcare
TERMS: Not disclosed

Cappella Medical Devices Ltd. is an Irish-based vascular medical device company. Its proprietary Peel Away sheath deployment system is used to deploy self-expanding stents with great accuracy.

Pegasus Capital advised the company on the sale of Cappella Peel Away Inc., which holds a global and perpetual licence to the Peel Away technology for coronary stent applications, to French-based Stentys SA, a medical device company listed on the Euronext stock exchange in Paris.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Fundraising for Embo Medical Ltd.

YEAR: 2014
SECTOR: Healthcare
TERMS: Not disclosed

Embo Medical Ltd. ("Embo Medical") is an early stage medical device spin-out company of the National University of Ireland, Galway. It is focused on developing technology to shut down blood flow in blood vessels.

In 2015, Pegasus Capital subsequently advised Embo Medical's founding shareholders on the USD 43.5 million sale of the company to CR Bard Inc.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Sale of GenCell BioSystems Ltd. to Becton, Dickinson & Company

YEAR: 2014
SECTOR: Healthcare
TERMS: EUR 135,000,000

GenCell BioSystems Ltd. ("GenCell BioSystems") is an innovative lifesciences technology company. Its CLiC system fully automates library preparation for next-generation DNA sequencing using proprietary composite liquid cell technology.

Pegasus Capital advised on the sale of the company to US-based Becton Dickinson & Co. a major global healthcare and lifesciences leader.

The sale will enable GenCell BioSystems to commercialise its technology on a global basis under the Becton Dickinson & Co. umbrella.

View

Read More
Consumer & Food Catriona Barry Consumer & Food Catriona Barry

Sale of The Jelly Bean Factory to Cloetta AB

YEAR: 2014
SECTOR: Consumer & Food
TERMS: EUR 28,800,000

The Jelly Bean Factory is one of Ireland's leading confectionery businesses. The Jelly Bean Factory was established in 1998 by father and son team, Peter and Richard Cullen, and it produces in excess of 12 million gourmet jelly beans in 36 different flavours each day from its production facility in Dublin.

Pegasus Capital advised on the sale of an initial 75% of The Jelly Bean Factory to Swedish-based Cloetta AB in 2014 and the remaining 25% of the business in 2016.

View

Read More
Software & TMT Catriona Barry Software & TMT Catriona Barry

Fundraising for CleverCards Ltd.

YEAR: 2013
SECTOR: Software & TMT
TERMS: Not disclosed

CleverCards is a leading global provider of personalised digital and printed greeting cards which can be delivered globally. The company also uses AI and leverages platforms such as Facebook to generate personalised gift ideas.

Pegasus Capital advised the company on a series A funding round to support future growth.

View

Read More
Software & TMT Catriona Barry Software & TMT Catriona Barry

Fundraising for Feedhenry Ltd.

YEAR: 2013
SECTOR: Software & TMT
TERMS: Not disclosed

FeedHenry Ltd. ("Feedhenry") is a provider of a SaaS-based mobile enterprise application platform. It enables companies to develop mobile app's on a single platform which can then be accessed by all forms of mobile device i.e. device/operating system agnostic, whilst providing uniformity and consistency in terms of how these app's access the company's back-end IT systems.

Pegasus Capital advised the company on a series A funding round, led by Intel Capital and with participation from VMware, Kernel Capital and Enterprise Ireland.

View

Read More
Software & TMT Catriona Barry Software & TMT Catriona Barry

Fundraising for Adforce.com

YEAR: 2013
SECTOR: Software & TMT
TERMS: Not disclosed

Adforce.com is a leading provider of mobile advertising services, working with companies, advertising agencies and networks, and online publishers. The company works with some large global brands in creating highly effective advertising campaigns that deliver a strong return on investment.

Pegasus Capital advised the company on a funding round which was led by a number of private investors.

View

Read More
Healthcare Catriona Barry Healthcare Catriona Barry

Fundraising for GenCell BioSystems Ltd.

YEAR: 2013
SECTOR: Healthcare
TERMS: Not disclosed

GenCell BioSystems Ltd. ("GenCell") is an innovative lifesciences technology company. Its CLiC system fully automates library preparation for next-generation DNA sequencing using proprietary composite liquid cell technology.

Pegasus Capital advised on the company on a series A fundraising with private investors. The funds raised were used for research & development and to fully commercialise GenCell BioSystem's technology.

View

Read More
Consumer & Food Catriona Barry Consumer & Food Catriona Barry

Sale of Ramada Hyde Park and Ramada Ealing to Westmont Hospitality Group

YEAR: 2012
SECTOR: Consumer & Food
TERMS: STG £75,000,000

Ramada Hyde Park and Ramada Ealing are two large London based hotels. Pegasus Capital advised on a sale of the hotels to Westmont Hospitality Group, who subsequently conducted a significant refurbishment and rebranded the hotels under the Hilton brand.

The transaction facilitated significant new investment in the hotels to enable them to achieve their full potential.

View

Read More