Business

ECI Partners to target more Irish businesses as it completes €1.2bn fundraise

The British private equity fund has previously made investments in Irish firms like CarTrawler and KB Associates

The fund is the largest yet by ECI Partners. Picture: Shutterstock

ECI Partners, a British private equity fund, is targeting new investments in the Irish market after it exceeded its target in its latest fundraising round by drumming up almost €1.2 billion in new funding from investors.

The London-based fund already has a track record of focusing on investments in Irish businesses, including CarTrawler, the Dublin-based travel tech firm, and KB Associates, an Irish funds management business.

ECI’s latest fund, known as ECI 12, defied the ...