Last week, Nostra, the fast-growing IT services company led by Kevin O’Loughlin, announced that it had acquired a majority stake in Dublin-based telecoms business, Voice & Data Solutions. It marked the third acquisition made by Nostra in the past eight months and the seventh acquisition since the company embarked on an ambitious growth strategy a number of years ago. However, in order to fuel the expansion plan, O’Loughlin knew his company needed additional capital. The acquisitions to date had been funded from the company’s reserves and a supportive Bank of Ireland. In order to take it to the next level,…
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