Having failed to raise €50m, Bio-Marine Ingredients Ireland Ltd is using the recently introduced Scarp process to restructure its debts. But first, it wants the High Court to grant it protection from its many creditors.
Now able to offer employee health and pension cover in 30 countries through a seamless online system, the start-up founded as Yonder believes it can grow this market with new funding led by Sweden’s EQT Ventures.
Given the size of the business, the overall profit margins at McCabes Pharmacy are relatively modest. However, based on an analysis of its performance over a five year period, it has cleverly positioned itself for a transaction.
Backed by Killybeggs fishing families, Bio-Marine Ingredients had ambitious plans to tap into the global demand for high value fish-based products. Now it is seeking to be rescued using the Scarp process.
Dealmakers Tom Godfrey and Ted Webb have been trying to sell their corporate finance advisory business for months. Now it is on the brink of a deal to sell to one of Japan's largest corporate brokerages.
SynergySuite promises to save restaurant chains money and time with its backroom software package. But time and money is now of the essence for the strife-riddled tech firm on the sales block as a $2 million funding deadline looms.
With a background in financial services and renewable energy, Mason Hayes & Curran managing partner Will Carmody has a wide-ranging view of the Irish economy. He talks about growing the law firm along with its clients and the opportunities ahead.
The hugely influential personality Prof Scott Galloway has criticised Paddy Cosgrave for being a "terrible leader" and has explained his reasons, personal and political, for withdrawing from Web Summit where he was slated as a keynote speaker.
Backed with €68 million of ISIF money, the $4 billion New York investment firm Energy Impact Partners is seeking companies to back while nurturing Ireland’s climate tech ecosystem.
The EU Tax Observatory names Ireland as the joint top destination for multinationals to shift profits and cut corporation tax. Economist Gabriel Zucman says new global rules will benefit Ireland in the short term but believes the tax-competitive model is doomed.
© 2025 Currency Media Limited