New Davy fund helps BES raise €3.2 million

BES Management, a joint venture company owned and managed by Davy and BDO, has raised a €3.2 million fund under the new Employment & Investment Incentive Scheme (EII Scheme).

11th March, 2012
New Davy fund helps BES raise €3.2 million
Brian Davy, chairman, BES Management; Sinead Heaney, partner, BDO; and Andrew Bourg, director, BDO.

BES Management, a joint venture company owned and managed by Davy and BDO, has raised a €3.2 million fund under the new Employment & Investment Incentive Scheme (EII Scheme).

The Davy EII Fund is the nineteenth fund raised by BES Management. The EII Scheme was introduced by the government to provide a source of equity funding for SMEs at a time when funding from traditional sources is limited.

BDO partner Sinead Heaney said the new...

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