Development Capital is an Irish development and growth capital fund manager which was founded in 2013 by Andrew Bourg and Sinead Heaney. We provide development and growth capital ranging from €2-12 million to Irish SMEs which have significant growth opportunities, primarily in export markets which require growth funding to unlock or accelerate.
We have a track record of partnering with Irish SME management teams to assist them unlock and accelerate their growth potential. From 2014 to 2019,
Development Capital Fund I which is a €75 million fund, invested in 9 investee companies throughout Ireland.
As an experienced and successful development growth capital manager, we have the following three differentiators:
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We bring our experience and market knowledge to support and help maximise the SMEs growth potential.
We can tailor our investment instruments to the specific needs of the business/growth opportunity and can invest by way of equity, quasi equity or debt.
We invest between €2 million and €12 million for a 5-year investment term typically in return for minority stakes in the business.
As an investor, we partner with management teams to support and help them accelerate their growth strategies.
Examples of the growth strategies that we support include:
Organic growth opportunities
Production capacity expansion plans
Bolt-on acquisitions
Management buyouts (MBOs)/Management buy-ins (MBIs)
Shareholder restructurings, including partial or full exit
VIEW OUR PORTFOLIO COMPANIESWe back ambitious SME management teams that have identified significant growth opportunities and need funding to accelerate or unlock. Along with funding, we bring collective knowledge, experience and support to help maximise the growth potential.
Please click below to see examples of investments completed by the Development Capital team.
We work with our portfolio companies to manage ESG issues. Our ESG policy integrates Sustainability Risks into each stage of our investment process. This means we assess businesses even before investing to be assured they will be a good fit for us with all investments subject to ESG diligence. This helps identify any potential material issues, which are assigned specific management actions to be incorporated into the post investment plan.
Post-investment, our engagement with our portfolio companies is ongoing and allow us to understand their needs, support the management of their ESG issues and identify and share good practice examples across our portfolio.
As a registered AIFM, Development Capital is required to provide sustainability-related disclosures on its website, under the EU Sustainable Finance Disclosure Regulation (SFDR). These disclosures detail Development Capital’s approach to integrating Sustainability Risks into its investment process.
Please see Development Capital’s SFDR disclosures here.
