BDO were delighted to provide their expertise as tax advisors to Arkphire on their private equity fundraise from Bregal Milestone.
Arkphire is ranked as one of the fastest-growing companies in Ireland and they secured investment from private capital firm Bregal Milestone in order to scale its business further. Bregal Milestone's investment in Arkphire is the first deal to be closed following the announcement of their new €400m fund dedicated to investing in high-growth European companies. Chief executive, Paschal Naylor, said that they intend to use the funding to expand areas such as IT procurement and managed services. Cyrus Shey, Managing Partner at Bregal Milestone noted: "We are highly enthusiastic to partner with Arkphire management on its next stage of growth. Arkphire boasts longstanding relationships with a blue-chip portfolio of global technology customers and enjoys unrivalled reputation as a reliable and customer-focused innovation partner."
The BDO team providing tax due diligence and tax structuring advice was led by Eddie Doyle, Tax Partner.