Year: 2020
Sector: Healthcare
Terms: Not disclosed

Pegasus Capital has advised Insight Acquisition Holdings Ltd. (“IdentiGEN”) on the sale of the business to Merck Animal Health, a division of Merck & Co., Inc. Dublin-based IdentiGEN is a global leader in DNA-based animal traceability solutions for livestock and aquaculture. Its DNA TraceBack® solution enables beef, pork, poultry and seafood products to be reliably traced through the food supply chain.

The acquisition of IdentiGEN will enable Merck Animal Health to provide end-to-end animal traceability solutions.

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Year: 2020
Sector: Financial Services
Terms: Not disclosed

Pegasus Capital has advised the shareholders of Conexim Advisors Ltd on the sale of the company toIrish Life Group. Conexim provides services to accountancy firms, pensioner trustees and financial advisors who themselves are involved in providing financial and investment advice to both individuals and corporate clients.

Over 200 regulated entities use the independent platform, which currently has €1bn of assets under its instruction.

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Year: 2019
Sector: Consumer & Food
Terms: Not disclosed

Pegasus Capital has advised Kepcar Investments Ltd. on the sale of Greene Farm Fine Foods Ltd. (“Greene Farm Fine Foods”) to O’Brien Fine Foods UC, the parent company of Brady Family Ham.

Greene Farm Fine Foods’ products are the finest quality; its full range is hand prepared using natural ingredients. It operates from a 50,000 sq.ft. state-of-the-art production facility in Rathowen, Co. Westmeath and has in excess of 100 employees.

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Year: 2020
Sector: Software & TMT
Terms: Not disclosed

Roomex Ltd. is an accommodation management platform for corporates. It enables corporates control costs, secure superior accommodation rates, ensure corporate travel policy is adhered to, and monitor and account for employee accommodation expenditure in an administratively straightforward manner.

The funding round was led by Draper Esprit Plc. with co-investment from other investors in order to help fund the growth of the business.

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Year: 2019
Sector: Healthcare
Terms: Not Disclosed

Pegasus Capital has advised Arrotek Medical Ltd. (“Arrotek Medical”) on its sale to Theragenics Corp. Arrotek Medical is a specialist contract development and manufacturing organisation (“CDMO”) based in Collooney, Co. Sligo.

US based Theragenics Corp. is a global supplier of access and procedure medical devices for a range of interventional and endovascular procedures, and is backed by private equity fund Juniper Investments.

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Year: 2019
Sector: Financial Services
Terms: Not Disclosed

Pegasus Capital has advised one of Ireland’s largest independent insurance brokers, Murray & Spelman group, on the sale of the business to Arachas Corporate Brokers Ltd.

The Murray & Spelman and Arachas businesses are highly complimentary with similar cultures and values and the acquisition will strengthen Arachas’ position in Murray & Spelman’s core markets in the West of Ireland and Kildare.

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Year: 2019
Sector: Healthcare
Terms: Not Disclosed

Pegasus Capital has advised Epona Biotech Ltd. on the transfer of its Stablelab diagnostic blood test to Zoetis Inc., the world’s leading animal health company.

. Zoetis Inc. will manufacture, market and distribute Stablelab, thereby immediately giving the test significantly increased global coverage in the equine health market.

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Year: 2019
Sector: Software & TMT
Terms: Not Disclosed

Pegasus has advised VideoElephant Ltd. on a $6m growth funding round led by ACT Venture Capital. The funding raised by VideoElephant will enable the company expand its content library and accelerate its go-to-market strategy.

The investment round was led by ACT Venture capital, with co-investment from a number of new investors and existing shareholders. Pegasus has advised VideoElephant on all fundraisings since its Series A round.

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Year: 2018
Sector: Consumer & Food
Terms: Not Disclosed

Pegasus Capital advised Kepak on its acquisition of the red meat business of 2 Sisters Food Group from Boparan Holdings Ltd.

The acquired business is one of the largest primary meat producers in the UK processing 250,000 cattle and in excess of 1 million lambs from four production facilities in England, Scotland and Wales.

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Year: 2018
Sector: Healthcare
Terms: Not Disclosed

Pegasus Capital advised Neurent Medical Ltd. (“Neurent Medical”) on a EUR 9.3 million venture capital fundraising led by Fountain Healthcare Partners and Atlantic Bridge Capital.

Led by founders Brian Shields and David Townley, Neurent Medical is developing a device for the treatment of rhinitis, an inflammatory disease of the nose.

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Year: 2018
Sector: Healthcare
Terms: Not Disclosed

Pegasus Capital has advised Dublin-based lifesciences company, Aalto Bio Reagents Ltd. on a recapitalisation of the business. The transaction has enabled existing shareholders to exit, management to take an increased stake in the business, and has provided a stable base for the continued growth of the business. Ulster Bank Ireland funded the transaction.

Aalto Bio Reagents Ltd. Is a supplier of in-vitro diagnostics products to global pharmaceutical and diagnostic research laboratories.

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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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