Byrne Wallace Shields LLP advises on 25% of venture funds raised by Irish companies during 2015

According to the results of the recently published Irish Venture Capital Association (IVCA) Venture Pulse Survey 2015, Byrne Wallace Shields LLP advised in transactions representing one quarter of the total funds raised during 2015. 

The survey which tracks funding raised from domestic and international venture capital funds shows that Irish SMEs raised €522 million during 2015, an increase of over €120 million on 2014. 

“The fact that venture capital investments increased by so much in 2015 shows that investors are increasingly confident about Irish technology companies. We are very pleased that Byrne Wallace Shields LLP continues to be a leading adviser on VC investment as evidenced by such a strong showing in the IVCA report,” said Feargal Brennan, Head of Corporate in Byrne Wallace Shields LLP. “Investors and fundraisers need the assurance that their advisers have both strong commercial experience and knowledge and excellent technical experience.” 

“The major investments on which Byrne Wallace Shields LLP acted represent some of the largest in Ireland in recent years; we are also very experienced in managing smaller fundraisings which are critical in positioning businesses for future growth and success," said Colin Sainsbury, Head of MedTech and Life Sciences in Byrne Wallace Shields LLP. 

Darren Daly, Head of Technology in Byrne Wallace Shields LLP added, “Investment in Irish technology companies is thriving and we are particularly pleased to be assisting a growing number of Ireland’s best technology companies with their fundraising and growth plans.”  

For advice and guidance in relation to venture capital funding, please contact Feargal Brennan, Head of Corporate, or a member of the Byrne Wallace Shields LLP Corporate, Technology, Life Sciences or Venture Capital teams.