BDO fund made €1.5m from its seven-month Blueface investment

7th January, 2018
Blueface chief executive Alan Foy

BDO Development Capital Fund scored a 15 per cent return on its investment in Blueface, the cloud telephony company that merged with US rival Star2Star Communication last week.

The BDO fund invested €10 million in Blueface last March, and exited following the merger.

The deal saw the company earn €1.5 million from a seven-month investment.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 11 months ago

The Daily Briefing

The Daily Briefing