“We’re not looking for the perfect company. We’re looking for good, solid, growing businesses that have a good shot at doubling or tripling in size over the next X number of years.”
The growth fund BGF made its first investment in the Irish market in 2019. It has followed it up with a dozen more deals, deploying a total of €97.5 million in the Irish market. Backed by Isif, AIB, Bank of Ireland and Ulster Bank, it has €250 million in capital to invest.
In this podcast with Ian Kehoe, the head of BGF in Ireland Leo Casey talks about the type of companies the firm is willing to back, the sectors it prefers, and the size of the check it can write. In addition, the former IBI corporate financier talks about the slowdown in dealmaking this year, frothy valuations and the headwinds facing the economy.
