Financier Dermot Desmond has appointed a receiver to the two companies behind Rapt Touch, an Irish multi-touch technology company. Desmond has advanced substantial sums to the business via his Dutch investment company Bottin International. Rapt Touch’s ultimate controlling company, Rapt Holdings DAC, had accumulated losses of €34.7 million according to its financial accounts for December 2017. A notice in Irish Oifigiúil, the state’s official gazette, said last week that Bottin had appointed accountant Shane McCarthy of KPMG as receiver to Rapt Touch (Ireland) Designated Activity Company and Rapt Holdings Designated Activity Company. Rapt was founded in 2008 by Owen Drumm and…

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