Goodbody acted as sole financial adviser to Finance Ireland on a series of shareholder transactions resulting in M&G plc taking a significant stake and an existing institutional shareholder increasing its shareholding in Finance Ireland. The transaction also includes €50m of new equity to fund further growth and sees the Ireland Strategic Investment Fund (ISIF) exit its 33% stake in the business.
Finance Ireland is Ireland’s largest non-bank lender with a leading position and proven track record of growth. It is a provider of commercial real estate finance, motor finance and other lending including agri finance, SME leasing and residential mortgages to a broad range of customers including professional landlords, investors, consumers, SME businesses and farmers.