M33 Growth, a Boston-based venture and growth stage investment firm, is taking a majority stake in Irish-founded “fatberg buster” SwiftComply at a valuation of about $40 million. The investment will see M33 Growth take an 80 per cent stake in the business, buying out a group of about 30 external investors. The management team in the company, which is led by Michael O’Dwyer, will retain the remaining 20 per cent of the company’s shares under the terms of a deal agreed recently. Investors in SwiftComply who invested in its seed or Series A rounds will receive about three times their…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.