Carlyle Cardinal Ireland stake in Abtran is its ‘biggest yet’

Carlyle Cardinal Ireland has made what is believed to be its biggest ever investment, in Abtran — a major employer in Cork and Dublin.

The private equity fund has finalised terms of the investment in Abtran, which provides business process management services to firms.

The CCI fund established by Washington DC private equity firm Carlyle Group and Dublin’s Cardinal Capital Group has previously invested in companies such as Carroll Cuisine and e-payments group, Payzone.