Gareth Planck, Eversheds Sutherland, Partner, Real Estate
Eversheds Sutherland has advised London based investment firm Blantyre Capital (Blantyre) on its multi-million-pound investment into leading UK and Ireland offsite construction specialist, McAvoy Group.
Co Tyrone-based McAvoy is one of the leading offsite construction specialists in the UK and Ireland, offering the full range of design, manufacturing, fitting out and construction services for the delivery of high quality, affordable and sustainable buildings in the health, education, residential, commercial and infrastructure sectors.
Blantyre Capital is a London-based investment firm focused on partnering with European companies to relaunch stable business models with temporary financial challenges and reposition them both strategically and operationally.
The deal was struck by a cross-border team from Dublin and Belfast and was led by Corporate Partner Gavin O’Flaherty.
Adam Phillips, Head of Investments, Blantyre Capital, commented:
“This is a significant investment for Blantyre and it was essential we had the right legal team on board to ensure its success. Eversheds Sutherland put together a team that covered all bases. Their knowledge of the local market proved invaluable and the approach they took ensured a successful completion.”
Gavin O’Flaherty, Partner, Eversheds Sutherland commented:
“This is an astute investment by Blantyre which will provide significant investment for McAvoy’s continued development and growth. We were delighted to support Blantyre on this transaction and we look forward to working with them again in the future.”
“This transaction built on our showing as one of the premier law firms in Ireland for private equity transactions as exemplified by our Mergermarket ranking of second by deal volume for Private Equity deals taking place in 2019 in the Irish market.”