Date24 Mar 2023
CategoryCorporate Finance, Tax
Azets Ireland Corporate Finance and Tax teams are proud to have acted for the shareholders of JB Barry & Partners, a long standing Irish civil engineering firm, on the sale of their shares to Egis Group (subject to CCPC Clearance). JB Barry & Partners was founded in Ireland over 60 years ago and has established itself as a leading civil engineering company across water, transportation and energy infrastructure projects. The group has offices around the country, including Limerick, Cork and Dublin with all 180 of JB Barry’s staff to remain in place after the deal.
Members of Azets Ireland Corporate Finance team, led by Greg Hogan, and Tax team, led by Kate Prendiville, advised the vendors on the transaction.
Speaking of the deal, Greg Hogan, Corporate Finance Partner said: “We are delighted for Liam and the management team to have joined an international company like Egis who will help them to further scale the business in the Irish market. We wish them the very best for the future. This was our first advisory transaction under the Azets Ireland brand and we are looking forward to many more as Irish companies become more and more attractive to international companies.”
Details of the transaction are set out in this Irish Independent article.