Year: 2018
Sector: Security
Terms: Not Disclosed

Pegasus Capital has advised the shareholders of HKC on a sale of the company to Assa Abloy. HKC is a market leading manufacturer of alarms and cloud based monitoring solutions.

ASSA ABLOY is the global leader in door opening solutions, and is headquartered in Sweden. It has approximately 47,500 employees and a market capitalisation of approximately €20bn.

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YEAR: 2017
SECTOR: Software & TMT
TERMS: Not disclosed

Pegasus Capital advised the management of the company on completing a management buy-out with funding provided by BlueBay Asset Management.

The transaction facilitated an exit for Openmind's initial venture capital investors and enabled management materially increase their shareholding and focus on the future growth of the business.

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YEAR: 2017
SECTOR: Software & TMT
TERMS: Not disclosed

Pegasus Capital advised on the sale of Ciall to Storm Technology Ltd. The transaction enabled both companies to expand the product portfolio that they could offer their respective customer bases, thereby creating the potential for revenue synergies from which both companies would benefit.

Ciall Systems is an IT services company that sells the Microsoft Dynamics NAV and Bi360 software products whilst also providing associated support, consulting and hosting services.

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YEAR: 2018
SECTOR: Consumer & Food
TERMS: Not disclosed

Pegasus Capital has advised Monaghan Mushrooms Group on the acquisitIon of 100% of Walkro InternatIonal BV (“Walkro”), Europe’s largest producer of substrate for the mushroom industry, from Belgian private equity fund Gimv.

Monaghan Mushrooms Group had initially acquired a stake in Walkro in 2011. Monaghan Mushrooms Group is a fully integrated producer of substrate and mushrooms and one of Ireland’s leading family-owned food companies.

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YEAR: 2018
SECTOR: Consumer & Food
TERMS: Not disclosed

Pegasus Capital advised on the sale of Motorpark Galway to Sheils Motor Group, which already has dealerships in Ennis and Limerick.

Motorpark is the main dealer for Ford motor cars in the Midlands and West of Ireland, and is also a dealer for Honda and Mitsubishi vehicles.

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YEAR: 2017
SECTOR: Healthcare
TERMS: Not disclosed

Longboat Clinical Ltd. ("Longboat Clinical") is a healthcare technology company that provides cloud-based clinical trial and patient engagement solutions to the pharmaceutical sector.

Pegasus Capital advised the company on a debt and equity fundraising that included a venture debt investment by Harbert European Growth Capital Fund. The funding will be used to accelerate the development of the business.

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YEAR: 2017
SECTOR: Industrial
TERMS: Not disclosed

Simtech Aviation Ltd. ("Simtech") is a Dublin-based aviation simulator and training business. Pegasus Capital advised on the sale of the business to Buzzard Aviation Holdings Ltd.; a joint venture between private equity fund Renatus Capital Partners and the Martello Group, an aviation investment group.

The transaction facilitated the retirement of one of Simtech's founders, and provided growth capital for the future development of the business.

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YEAR: 2016
SECTOR: Software
TERMS: Not disclosed

Bizimply Ltd. ("Bizimply") has developed a SaaS-based scheduling and attendance technology platform, focused on businesses with hourly paid employees.

Pegasus Capital advised the company on a series A funding round led by Causeway Capital. The funding round enabled the company further enhance its product offering and expand its organisational team and sales structure to increase its execution capability

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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