Investee Company Name: Intact Software
Investment Amount: €1.5m
Industry: ERP Software
Reason for Investment: Marketing and working capital
Founded in 1992 by Paul Marry and Aidan Lawless, Intact provides the world’s most flexible ERP software solution. Intact’s primary software is Intact IQ and the software holds a strong market position in Ireland and the UK in key SME sectors such as builders merchants, wholesale and distribution, engineering and growing businesses.
Traditionally, Intact’s core business revenue was generated in Ireland but in recent years it has developed a rapidly growing user base in the UK where it has partnered with other software vendors. With the Goodbody 2015 EIIS Fund’s investment the Company has been able to invest in developing their products and also in growing their Dundalk-based team to support the growing demand from larger customers in the UK.