IIU puts a further €1m into dental firm Spotlight

Financier’s total funding for Galway-based dental hygiene company now tops €3 million as it makes a big push in the US

Vanessa Creaven, left, and Lisa Creaven, founders of Spotlight Oral Care which had sales worth €5.9 million for the financial year to the end of June 2020. Picture: Michael Dillon

Dermot Desmond has invested a further €1 million in Spotlight Oral Care, a Galway-based dental hygiene company founded by Lisa and Vanessa Creaven.

It brings to €3 million the total he has put into the company in the last year, which has been making a significant push into the US lately, supplying a number of large American retailers such as Target, CVS and Ulta Beauty.

Desmond, through his IIU investment vehicle, is a 10 per ...