Salon software maker Phorest eyes IPO as it raises €20 million

Founder of hair and beauty salon software company has ‘no plans’ to sell up

17th June, 2018
Phorest founder Ronan Perceval Picture: Fergal Phillips

Ronan Perceval has his sights set on an initial public offering after his hair and beauty software salon software company Phorest raised €20 million.

Perceval is intent on growing an “evergreen” company, and said he has no intention of selling Phorest, which he set up 15 years ago. It raised the €20 million from Susquehanna Growth Equity, a US investment firm. Perceval said he spent a year meeting investors to try to find the right...

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