Belfast Telegraph

200 Northern Ireland firms 'failing to cash in on private equity'

By Margaret Canning

There are approximately 200 companies across Northern Ireland that could feasibly attract investment from private equity, a special event has been told.

The Growth Equity Conference heard that an increasing number of firms in a variety of sectors were considering pursuing private equity - including those not traditionally linked to such forms of funding.

Speakers at the event urged companies to take advantage of investors' appetite to spend.

The conference was organised by law firm Carson McDowell and Goodbody Stockbrokers, and was attended by representatives from eight funds with a total of around £3.5bn to spend here.

Richard Gray, partner and joint head of Carson McDowell's corporate department, said: "As Northern Ireland's economy comes to terms with Brexit and other global economic changes, we will need more of our businesses to scale up and to achieve their growth targets in an accelerated timeframe.

"That can only happen with access to the right level of funding and greater understanding of what can be gained from taking on equity investment."

Belfast Telegraph

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