US investor pays €21m for 40% of Cork software firm

US private equity firm Motive Partners has reached agreement to acquire a 40% stake in Cork-based specialist technology company Global Shares for an estimated $25m (€21.3m).

US investor pays €21m for 40% of Cork software firm
Wed, 01 Aug, 2018 - 08:30

Geoff Percival

US private equity firm Motive Partners has reached agreement to acquire a 40% stake in Cork-based specialist technology company Global Shares for an estimated $25m (€21.3m).

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<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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