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.

Andrew Bourg

Investment Director

Ashley Dixon

Investment Manager

Paddy Morrissey

Investment Manager

Fran Stafford

Investment Director

12 past transactions

Spotlight Oral Care

Venture Round in 2021
Spotlight Oral Care is an oral health company that specializes in developing, marketing, and selling a diverse array of dental care products. The company offers a range of items, including toothpaste, teeth-whitening strips, and a sonic toothbrush, all made from clean ingredients and packaged in biodegradable materials. Spotlight Oral Care focuses on providing clinically proven and sustainable oral care solutions at accessible prices. Its products are available online and through various retailers across Europe, the UK, and the US, catering to specific consumer oral care needs.

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.

KnowHowDo

Seed Round in 2017
KnowHowDo is a lifestyle learning content business. We have mastered the creation of high-quality learning content, focused on 'WANT-to-learn' not 'HAVE-to-learn' subjects to suit every lifestyle. Delivered through impactful brands, via incisive, diversified channels to market, we have sold close to a million courses and we are only getting started…

Perigord

Venture Round in 2017
Perigord Life Science Artwork Solutions delivers best-in-class labeling artwork to life science companies.

Blueface

Venture Round in 2017
Blueface Limited is a provider of unified communication-as-a-service (UCaaS), catering to businesses and carriers in Ireland, the United Kingdom, and Italy. Founded in 2004 and headquartered in Dublin, the company offers a range of cloud voice solutions, including landline services, hosted PBX, managed services, and Skype for Business. Blueface's proprietary software platform enables flexible and scalable communication solutions tailored to the needs of clients, from small and medium enterprises to large multinational corporations. As of January 2020, Blueface operates as a subsidiary of Comcast Corporation.

Broderick's Brothers

Venture Round in 2017
Barry and Bernard Broderick as an offshoot of their family company (Ina’s Kitchen Desserts Ltd), Broderick’s produces handmade cakes and treats. The range includes individually wrapped cake bars for the grab-and-go sector, boxed mini-bites for multiples and tray bakes for the cafe sector. The products are sold with a distinctive cartoonish branding that has landed Broderick’s several awards in the past

Netwatch Group

Venture Round in 2016
Netwatch Group specializes in video monitoring services aimed at enhancing security for businesses and residential properties. Founded in 2002 by David Walsh and Niall Kelly, the company was established in response to a violent incident involving a mutual friend, which highlighted the inadequacies of traditional security systems. The founders recognized the need for a more effective solution to protect both businesses and first responders, leading to the development of their services that promote a safer environment. Netwatch Group's mission is to create a sense of safety and security for its clients, ensuring they can operate without fear of crime or violence affecting their operations.

Obelisk Group

Venture Round in 2016
Obelisk Group, established in 1996 and headquartered in Cavan, Ireland, specializes in providing infrastructure solutions across telecommunications, power, and renewable energy sectors. The company offers a comprehensive range of services, including planning, design, network deployment, integration, and maintenance for fixed line, fiber, and mobile networks. Additionally, it provides engineering, procurement, project management, and construction services for industrial power systems, as well as survey and design for electrical transmission lines. Obelisk Group is also involved in the development and maintenance of wind farms, offering various wind generation solutions. With a focus on logistics, the company manages warehouse and logistics operations in Ireland and the United Kingdom. Over the years, Obelisk has built a strong reputation for problem-solving, meeting deadlines, and delivering projects within budget, resulting in steady growth and recognition in the industry.

Perigord

Venture Round in 2016
Perigord Life Science Artwork Solutions delivers best-in-class labeling artwork to life science companies.

Lifes2Good

Venture Round in 2015
Lifes2good is a rapidly expanding, global Nutraceutical business, marketing and distributing a portfolio of category-leading, exclusive and clinically proven brands across Europe, the Americas, the Middle East and Asia. Our flagship brand Viviscal, holds numerous awards and is globally recognised as the leading hair-growth supplement. With endorsements from an A-list line up of red carpet celebrities, Viviscal has experienced meteoric success as a result of Lifes2good’s dynamic marketing promotion. In the US, Viviscal is available in more than 20,000 stores, ranked as a best seller by retailing giants such as CVS, Rite Aid and Walgreens ranking it as their number two best-seller in hair and online retailer Amazon, ranking it in third spot, amongst 588,000 different beauty products. Another brand marketed by Lifes2good, Emjoi MICRO Pedi has also created mass demand, selling at a rate of three per minute in Europe.

Version 1

Venture Round in 2014
Version 1 is a rapidly growing IT services company based in Dublin, Ireland, recognized as a trusted technology partner for a diverse range of domestic and international clients across various industries in the UK and Ireland. The company offers software-as-a-service (SaaS) consulting and outsourcing solutions, specializing in areas such as program management, business intelligence, cloud integration, managed services, enterprise resource planning, digital services, and software asset management. Through its expertise, Version 1 helps businesses enhance, modernize, and transform their processes, addressing real-world challenges and driving customer success. The company has experienced significant growth in both profitability and revenue in recent years while maintaining high levels of customer satisfaction and employee engagement.
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