Financial payments firm sold for €170m

A Galway-based financial payments company has been bought for €170m by Exponent Private Equity following six months of negotiations.

Financial payments firm sold for €170m
Fri, 17 Aug, 2012 - 01:00
Vincent Ryan

Fintrax, head-quartered in Ballinahown, Co Galway, was hotly sought, with no less than 10 fully funded bids being made for the group.

CEO of Fintrax, Catríona O’Farrell, welcomed the takeover of the company by Exponent, from the Barry family trust and the Fintrax management.

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CourtsPlace: GalwayPlace: BallinahownPlace: Co GalwayPerson: CEOPerson: Catriona O’FarrellPerson: BarryPerson: John MoorePerson: Karen MillenPerson: Richard LenaneOrganisation: Exponent Private EquityOrganisation: FintraxOrganisation: ExponentOrganisation: DellOrganisation: Fintrax GroupOrganisation: Premier Tax FreeOrganisation: Fintrax Payment SystemsOrganisation: Premier TaxOrganisation: LacosteOrganisation: FerrariOrganisation: Ralph LaurenOrganisation: Global BlueOrganisation: Silver Lake and Partners Group
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