The Ireland Strategic Investment Fund (“ISIF”) has committed to a new fund launched by Exponent Private Equity (“Exponent”).
Exponent is an established private equity firm with a track record of investing in and growing founder-led and corporate owned businesses across Europe and Ireland. It completed its first investment here in 2012 and has recently established an office in Dublin.
Brian O'Connor, Senior Investment Director, ISIF, said: "This commitment is an example of ISIF’s ability to deploy capital in a targeted and commercial manner to support the scaling of Irish businesses, foster economic growth and create sustainable employment opportunities. We look forward to working with Exponent as they focus on helping Irish companies scale and grow.”
David McGovern, Partner, Exponent, said: "ISIF and Exponent have a shared commitment to support Ireland based businesses and management teams. We are therefore delighted to now have ISIF on board as an investor in Exponent’s newest fund. We look forward to working together to invest in market-leading businesses seeking to accelerate their growth, invest in people and technology, and expand internationally.”
