The Goodbody 2017 EIIS Fund, a joint venture between Goodbody Stockbrokers and Baker Tilly Hughes Blake has completed its final investment for the year. The Fund has invested €11m in 5 Irish SMEs.

Commenting on the investments, MD of the Fund, Stephen McGivern highlighted the quality of investee companies in the Fund. “We have been working with some of these companies for over two years and in each case we have been impressed by the strong management teams. We have every confidence that the investee companies will deliver a strong return for our investors.”

“We have already started the process of launching our 2018 fund. We expect the EIIS scheme to improve over the coming 12 months and we would encourage any company seeking development or growth capital to consider the scheme. We are happy to talk to any companies about accessing capital from the Goodbody EIIS Funds.”

About the Investee Companies

Powerscourt Distillery

The Fund has invested €2.9m to complete the Company’s new whiskey distillery and fund the initial whiskey production. The new distillery and visitor centre is located on the grounds of the Powerscourt Estate, Enniskerry, Co. Wicklow.


The Spectac Group

Almost €1.8m has been invested in the Spectac Group which includes the Dundalk Bay Brewery Company. The investment will be used to install state of the art brewing equipment which will be used for contract brewing for Ireland’s numerous micro craft breweries. In addition, the group will launch its own craft beer brand, Brewmaster, in Irish and European markets.


Killala Community Wind Farm

The Fund has invested €3.5m to part fund a 17MW wind farm located 1.5km south of Killala, Co. Mayo. The project is being developed with the support of the local community as shareholders and construction has recently commenced.


Gael Form

Two million has been invested in Gael Form which will use the investment for the expansion of the Company’s factory and to invest in stock and working capital. The Company is involved in the manufacture, sale and distribution of formwork for the construction industry in the UK and Ireland.

Brackloon Energy

The Fund invested €800,000 in the company to part fund the construction of a 2.35MW windfarm being built in Co. Monaghan. Construction of the project is underway and is expected to be operational by the end of 2018.


We are actively seeking to invest in and support growing companies that are planning to expand their businesses. If there are companies in your network that are looking for working capital, project finance or capital investment then we would be delighted to work with you.

Please contact a member of our team today at