We advised BDO Development Capital Fund on its recent investment in Broderick’s, a second generation family-owned food company.
Broderick's manufactures and sells a range of confectionery bars, treats and cakes under the “Broderick’s”, “The Irish Flapjack Company” and “Ina’s Handmade Foods” brands. BDO Development Capital Fund is leading the €6.35 million investment round, which also includes Enterprise Ireland funding and bank funding.
This is the sixth investment to date by the BDO Development Capital Fund and its first in a family-owned and managed company.
This transaction was led by Corporate partner, Máire Cunningham, and supported by Kyle Wimpress, associate. Dermot Casserly, partner and head of employment & benefits, and associate, Triona Cody, advised on the employment aspects of the deal.