On March 11, Roadbridge issued a statement confirming what many in the industry has long suspected: It had run out of road, and when a last-minute white knight investor failed to materialise, it had little choice but to ask its largest creditor to appoint a receiver. Bank of Ireland installed Stephen Tennant and Nicholas O’Dwyer of Grant Thornton as receivers over Roadbridge, a pioneering firm that traced its routes back to 1967 and had been involved in some of the biggest infrastructural road, energy and water projects in Ireland, the UK and Europe. The move left 630 jobs in the…

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