Development Capital

Development Capital, established in 2013 and based in Dublin, Ireland, serves as the growth and expansion investment arm of BDO Ireland. The firm focuses on mid-sized companies across various sectors, including food, agriculture, life sciences, cleantech, information and communications technology, and industrial sectors. Recognizing the unique needs of management teams, Development Capital aims to be more than just a financial partner by offering a collaborative approach that combines funding with expertise and international reach. Their team, which includes experienced Investment Directors and industry experts, is dedicated to providing strategic direction and support to investee companies. Additionally, Development Capital collaborates with major Irish corporates that contribute both capital and valuable international experience, enhancing the potential for business growth.

Ashley Dixon

Investment Manager

Paddy Morrissey

Investment Manager

Anthony O'Driscoll

Investment Director

Fran Stafford

Investment Director

Fran Stafford

Investment Director

Past deals in Ireland

Nomadic Dairy

Venture Round in 2021
Nomadic Dairy is a growing, premium branded yogurt manufacturer. The company supplies multiple products across the UK and Republic of Ireland.

Multihog

Venture Round in 2017
Multihog Ltd. is an Irish company that designs, manufactures, and tests multi-purpose tractors and associated parts. Founded in 2008 and based in Dundalk, Ireland, Multihog serves a diverse range of customers, including those in municipal services, airport operations, and facilities management. The company's product offerings include various equipment such as de-icing sprayers, runway light cleaners, snow ploughs, city sweepers, and a variety of maintenance tools like stump grinders and wood chippers. Known for their innovative design and robust construction, Multihog's products are distributed in over 20 countries through an expanding dealer network, emphasizing their commitment to quality and performance in the market.

Blueface

Venture Round in 2017
Blueface Limited, established in 2004, is a leading unified communication-as-a-service provider, offering cloud-based voice solutions to businesses, enterprises, and carriers in Ireland, the UK, and Italy. The company's services include landline, hosted PBX, managed services, Skype for Business, and unified communications, along with a software platform for flexible and scalable solutions. Blueface also provides VoIP, networking, and mobile services, aiming to help businesses cut costs and maximize efficiency. The company, headquartered in Dublin with offices in London and Italy, is a subsidiary of Comcast Corporation.

Version 1

Venture Round in 2014
Version 1 is a leading provider of information technology consulting and outsourcing services based in Dublin, Ireland. With nearly three decades of experience, the company specializes in business transformation through software-as-a-service (SaaS) solutions, focusing on program management, business intelligence, cloud integration, managed services, enterprise resource planning, digital services, and software asset management. Version 1 partners with customers to enhance, modernize, and transform their business processes, employing cutting-edge technology and expert teams. The company emphasizes user-centric design, ensuring that its solutions exceed customer expectations. Version 1's operational model balances the needs of customers, employees, and organizational strength, guided by core values that are integral to its mission.
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