Galway man sells company for €119m

Galway man sells company for €119m

A Galway entrepreneur has sold a company he founded 27 years ago, and bagged himself €119m euro in the process.

Gerard Barry set up the Fintrax Group in 1985, and the company's success saw it open branches across 26 countries.

It has been bought by Exponent Private Equity after six months of talks.

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