Wednesday July 15, 2020

Desmond fund backs son’s restaurant consultancy venture

The financier‘s IIU Investments has a 45% stake in Kitchtech, which helps restaurants to manage their health and safety requirements digitally

28th June, 2020
Dermot Desmond’s investment fund is a key backer in a restaurant consultancy venture where his son Dery is also involved

Billionaire financier Dermot Desmond’s investment fund is a key backer in a restaurant consultancy venture where his son Dery is also involved.

Launched last year, Kitchtech helps restaurants manage their health and safety compliance digitally without having to fill in reams of physical paperwork.

David Moran, Kitchtech‘s managing director, said the firm had been particularly busy ahead of the reopening of the sector from tomorrow. He declined to comment further on the business...

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