Altada receiver agrees sale to Irish entrepreneur despite higher offer from rival bidder

Eoin Goulding, who founded cybersecurity company Integrity360, has agreement with receiver to buy the troubled tech firm, the High Court has heard

Altada, led by husband and wife team Allan Beechinor and Niamh Parker, has been placed into liquidation. Picture: John Allen

The receiver to troubled technology company Altada has agreed a contract to sell the firm to Irish entrepreneur Eoin Goulding despite a higher bid being made by a rival bidder.

However, the possible sale of the company is in danger of not closing due to claims by the liquidator that a receiver should not have been appointed in the first place.

The High Court heard today that Nicholas O’Dwyer of Grant Thornton, the receiver, has ...