Three years and three times the price for €500m Fintrax

The company has been put on the blocks again by its owner Exponent

1st November, 2015

Fintrax, the Galway-based financial services company, has been valued at nearly three times the price it fetched three years ago when it was acquired by private equity owners.

The company has been put on the blocks again by its owner Exponent and bids have been received valuing Fintrax at about €500 million.

When it was sold to the private equity outfit in 2012 by businessman Gerry Barry and his family it was worth about €170 million.

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