The Goodbody 2019 EIIS Fund, managed by Baker Tilly and Goodbody Stockbrokers, has announced that it has raised €10m in December 2019 and is now looking for opportunities to invest in Irish SMEs over the coming months.
“We are delighted to have raised €10 million,” said Mark Richardson, Investment Manager of The Goodbody EIIS Funds. “We are keen to identify established Irish SMEs that show a strong potential for further growth over the next three to four years. The fund’s average investment size ranges between €1 and €2.5 million although smaller investments will be considered in the right company.”
Our investment strategy is to invest in companies with a strong management team, acceptable gearing levels, a strong track record and good cashflow characteristics. Most importantly, the company must be able to demonstrate an ability to provide the fund with an exit after the minimum four year holding period.
Companies: Why EIIS?
- Competitive cost of funding
- Defined exit mechanism
- Capped returns
- It is equity on your balance sheet not debt
- No security or personal guarantees from promoters/shareholders
- Cashflow benefits versus traditional debt products
- Can act as mezzanine finance in addition to senior debt
More information can be found at https://www.eiismanagement.ie/companies/
Alternatively please call one of the EIIS team on (01) 66 99 999 or by email info@eiismanagement.ie
