Wednesday August 12, 2020

More jobs at Abtran as CCI deal values firm at €90m

Company employs more than 2,000 people in Cork and Dublin

29th November, 2015
Michael Fitzgerald, chief executive of Abtran

Irish private equity fund Carlyle Cardinal Ireland (CCI) acquired a controlling stake in Abtran last week in an investment which values the business process management services firm at about €90 million.

The investment is the largest to date by the active equity investment fund, which is backed by the Nasdaq-listed Carlyle Group and Irish-owned Cardinal Capital Group.

Abtran is expected to hire additional staff following the investment in the rapidly growing company which already employs...

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