“Don’t let yourself fall into the trap of indecision”: Six takeaways from Andy Cronin’s Avolon journey
At a recent KPMG Dealmakers event, Andy Cronin, the new chief executive of Avolon, spoke about helping found, float, and take private the aviation leasing giant. He also talked about hiring, the highs and lows of a start-up, and the future of aviation.
14th Nov, 2022 - 4 min read
Altada hoped to deal with Darktrace founder Mike Lynch but now a receiver has gone into the troubled AI firm
Just a few months after lending debt finance to Altada, a group of Irish investors have appointed a receiver to the firm. How its founders will respond remains unclear.
11th Nov, 2022 - 2 min read
As private equity consolidates the Irish insurance industry, one third-generation Irish firm is standing firm
The LHK Group has had many approaches from private equity in recent years. However, the broker has resisted a sale, preferring instead to make its own acquisitions. Its managing director Colm Kelleher explains why the firm is bucking the trend.
11th Nov, 2022 - 5 min read
“A dramatic new landmark”: Developer appeals planning refusal for tower on Dublin quays
The promoters of a 24-storey building on the site of the former City Arts Centre argue that it will enhance the skyline, contribute to higher density near public transport and interact with existing heritage, citing the example of Sydney's Custom House area.
8th Nov, 2022 - 2 min read
“I think there is a squeeze among mid-tier firms who are going to struggle more to attract and retain clients”
Having entered the Irish market five years ago, law firm Pinsent Masons now has 70 staff and a roster of major clients. Ann Lalor, the head of its Dublin office, talks about expansion, economic headwinds, and the changing legal market in Ireland.
7th Nov, 2022 - 9 min read
The financier Paul Coulson has closed business deals on his super-yacht. He is now selling it for €45m
At almost 68 metres, the yacht was made by the Dutch shipyard Icon in 2010 and has seven staterooms plus room for 19 crew. The Ardagh chairman has retained luxury yacht agent Fraser to handle the sale.
28th Oct, 2022 - 3 min read
“I can’t give you the number, but it is nine figures. It was an unbelievable result”
Frank Madden has just closed a mega-deal with a private equity giant to create a global firm helping life science operations become more efficient. He talks about launching the business with his redundancy money, his entrepreneurial journey, and the future.