Media

Joe Media owner ‘considering IPO’ as revenues soar

The digital firm has said its revenue growth from social media platforms such as Facebook and TikTok has increased by over 500 per cent year-on-year

Paul O'Donohoe, Greencastle’s vice-chairman: ‘We’ve got to a place where we are very happy.’

Revenues doubled at Joe Media, the digital marketing and entertainment company, in the year after it was bought out of administration, its owner has said.

Greencastle Capital, the private equity firm which operates Joe Media, is now weighing up a potential initial public offering (IPO) for the company.

Speaking to the Business Post, Paul O'Donohoe, Greencastle’s vice-chairman, said the business, which was formerly majority-owned by entrepreneur Niall McGarry, is continuing to perform strongly, with revenue ...