Flexible Solutions for Business Owners
ERISBEG IS AN IRISH COMPANY THAT ACQUIRES AND FURTHER DEVELOPS ESTABLISHED BUSINESSES IN IRELAND AND INTERNATIONALLY
Erisbeg is particularly focused on acquiring, either outright or on a phased basis, small and medium sized businesses from entrepreneurial owners who require a succession plan that will enable them to realise the value of their business and to secure its successful future. Erisbeg was founded by a group of very successful entrepreneurs who have built and sold their businesses together with senior industry executives who have extensive experience in managing and developing businesses. The founders have experience across a wide range of industries including Energy, Environmental Services, Financial Services, Food, Healthcare, Plastics and Telecommunications.
Erisbeg has capital, expertise and a wide network of business contacts. Excellence and integrity are core values of Erisbeg and all acquisitions are based on partnership and trust. As experienced business owners, the founders have a strong understanding of the issues being considered by business owners trying to develop a succession plan for themselves, their families and the business itself including its staff. Erisbeg is adaptable and flexible in its approach. Reflecting the founders broad experience, Erisbeg is not constrained by sector, but is particularly interested in established businesses that have proven profitability. The typical focus is on businesses that are generating an operating profit of between 250,000 and 3 million and that have an ability to be developed further with the right mix of additional resources.
ERISBEG IS INTERESTED IN SPEAKING TO ANY BUSINESS OWNERS WHO HAVE BUILT ESTABLISHED BUSINESSES AND WHO ARE SEEKING A FLEXIBLE SUCCESSION PLAN.
SELECTED PORTFOLIO COMPANIES BP Multipage was founded in 1985 by Brian Barry, Philip Pratt and David Purcell who built the business to become Ireland s leading supplier of wireless communications systems. Its customer base includes hospitals, manufacturing plants, sports stadiums, IT/social media companies and the hospitality sector. The business was performing well, but consideration needed to be given to succession planning. Over several months, Erisbeg learnt more about the business and developed a deep relationship with the BP Multipage principals, based on trust and transparency. The former principals agreed to remain involved in supporting the business in its continued development following the transaction. The directors of BP Multipage were impressed by the input of the Erisbeg team in understanding the core value of the business and contributing ideas for its further development. We were particularly impressed by their professional and energetic approach, while at the same time they were pleasant and interesting to work with. We are confident that our life s work in developing the business is in very good hands. Brian Barry
Established in 2000 by Mary Daly and Liam Murphy, The Food Safety Company is Ireland s leading provider of complete training and compliance solutions to the food supply chain. The Food Safety Company has a nationwide team of experienced, qualified food safety professionals supporting clients in meeting their business objectives, ensuring compliance, minimising risk, creating efficiency and maintaining regulatory accreditations. Mary Daly and Liam Murphy were considering succession options for the business and were introduced to Erisbeg. Together, it became clear that there was an excellent cultural fit combined with an exciting prospect to further grow the business under Mary and her dynamic team s continued leadership. Erisbeg acquired an initial stake in the business together with a flexible earn out arrangement that will see all shareholders benefit from the continued success of the business. Erisbeg provided us with the perfect solution for succession planning. Their investment secures the future for the team at The Food Safety Company, consolidates our principal position within the Food and Hospitality Sectors and provides us with valuable business tools to grow further. Our partnership throughout the transition period has been most positive and we have every confidence that The Food Safety Company will continue to prosper under the guidance of Erisbeg. Mary Daly
NETWORK OF BUSINESS CONTACTS PARTNER BASED SUCCESSION PLANNING EXCELLENCE AND INTEGRITY PARTNERSHIP AND TRUST FLEXIBLE SOLUTIONS LONG TERM BUSINESS GROWTH
THE TEAM Thomas Davy is the CEO of Erisbeg. THOMAS DAVY Thomas has a long career in the PLC arena as a senior executive with DCC PLC (Dublin headquartered FTSE 100 Group) where he was responsible for the Environmental division. He was involved since the inception of the division to its leading positions in both the Irish and British markets. Thomas led the successful implementation of an aggressive growth and expansion strategy which included the acquisition of multiple companies along with significant organic growth. Prior to the inception of the Environmental division, Thomas held senior executives roles in both the Energy and Food/Beverage divisions within DCC. Thomas s early career was with PricewaterhouseCoopers. He is a Chartered Accountant and has M.Acc and B.Comm degrees from University College Dublin. ALAN KERR Alan co-founded Harbourmaster Capital Management ( Harbourmaster ) in 2001. Harbourmaster was a leading investor in the European alternative credit space and was well recognised within the industry for its award winning track record and investment team. In 2012, Harbourmaster was acquired by Blackstone, the leading global alternative asset management firm. At Blackstone, from 2012 to 2017 he was a Senior Managing Director, responsible for the European Customised Credit Strategies Business. Overseeing investments in leveraged loans, high yield bonds and structured credit across various investment strategies. In addition Alan co-founded Bonkers Money in 2010 and is involved in a number of other businesses. Alan s early career was with EY and Euro Capital Structures. He is a Chartered Accountant and has M.Acc and B.Comm degrees from University College Dublin.
Michael joined his fathers scrap metal business in 1977 and he became Managing Director in 1988. Michael evolved the business into Scotland s leading waste management and resource recovery business and this was recognised in 2010 when he was awarded an MBE for commitment to the environment. In 2006 Michael sold 50% of the business to DCC Plc. Subsequently DCC acquired a controlling stake and Michael became Managing Director of DCC s British environmental operations. In 2017 DCC disposed of the division and Michael has remained a non executive director. MICHAEL TRACEY Robert, BBLS, M.Acc, FCA has extensive commercial experience across businesses in a wide range of sectors and has been a Director of a number of private companies. Robert was the Group Head of Corporate Development at diversified holdings group One51 plc (now IPL Plastics plc, a leading rigid plastics manufacturer for the packaging, environmental containers and industrial products sectors operating manufacturing facilities in Ireland, the UK, North America and China) where he was a member of the Senior Management Team. Robert previously worked with IAWS Group plc and qualified as a Chartered Accountant with KPMG. ROBERT BURNS
ANDREW MURPHY Andrew is well known across Ireland s startup and entrepreneurial community. Originally a Chemical Engineer and Chemical Plant Manager with Henkel KGAA for the first 8 years of his career, Andrew founded a healthcare technology startup, Slainte Healthcare in 2006. He grew and sold the business in 2015 to Clanwilliam Health. Andrew also founded and grew Vitro Software, an electronic medical record and case management platform that achieved significant international scale. Andrew was nominated for Entrepreneur of the Year in 2014. Since 2016, Andrew has assisted numerous companies to scale internationally, including HealthXL, and Webdoctor. In addition he has helped found and grow Robotify Labs, an ed-tech and satellite communications company. Andrew has a wide exposure to multiple sectors and joins Erisbeg to support its client companies in accelerating growth as well as sourcing and assessing potential acquisitions, Andrew holds a Chemical Engineering Degree, an MBA from Smurfit Business School, as well as attending Judge Business School in Cambridge. Kevin, BE, FCA, has worked with Arthur Andersen, Shell Chemicals and DCC plc. In the latter case he was an Executive Director and at various times managed DCC s Energy, Environmental Services, Food/Beverage and Heathcare divisions. He has broad commercial experience and has been a Director of many companies, both public and private. KEVIN MURRAY
Erisbeg Holdings Limited 38-39 Fitzwilliam Square Dublin 2 - Ireland t: + 353 1 507 9625 e: contact@erisbeg.com erisbeg.com