Davy Corporate Finance is Ireland’s largest corporate finance adviser.
We work with domestic and international public, private, commercial and semi-state entities, combining innovative advice and proven execution skills, to provide a complete range of integrated corporate finance services.
Davy's Debt & Specialist Finance team is the largest in Ireland. We act for both borrowers and investors in the global debt markets.
We are active traders in all sovereign bonds and global credits, and are primary dealers of Irish government bonds.
Our Institutional Services are supported by innovative, timely and commercial ideas based on our knowledge and understanding of the companies we cover and the industries in which they operate.
For more than 85 years, Davy has been committed to serving charitable organisations.
Davy Charities offers comprehensive investment solutions across the Charity, Not-For-Profit, Endowment and Philanthropic investment landscape.
Davy has over 15 years' experience in the credit union market in Ireland, and can offer investment expertise and assistance in relation to regulatory and market developments.
Our dedicated Credit Unions team provides a choice of service offerings to meet the individual requirements of each Credit Union.
Davy offers a competitive share dealing service for Employee Share Option Plans (ESOP).
We have a highly qualified and experienced ESOP team dedicated to assisting members of company share plans. Services include Approved Profit Share Schemes, Employee Share Option Schemes, Restricted Stock Unit Schemes, and Save As You Earn Schemes.
Company: Dalata Hotel Group plc
Transaction: €265m Fundraising and Admission to the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange (March 2014) and €455m Acquisition of the Moran Bewley’s Hotel Group and €50m Placing (December 2014)
Davy Role: NOMAD, ESM Adviser and Broker and Financial Adviser for the Acquisition of the Moran Bewley’s Hotel Group
Established in 2007, Dalata had created a market leading hotel operation platform under an experienced management team comprised of Chief Executive Pat McCann and a number of former senior executives from the former Jurys Doyle Hotel Group.
In early 2014, Davy guided Dalata through a significant fundraising and market admission exercise, with the strategy of leveraging Dalata’s core asset management, hotel operation and development competencies to grow the business substantially through a mix of owned, leased and managed hotel assets.
By structuring and executing the €265 million fundraising that provided Dalata with the financial resources to acquire an initial portfolio of hotel assets, as well as managing the admission process to AIM and ESM which would allow Dalata to avail of access to the capital markets, Davy created the platform from which Dalata could become the leading player in a reshaped Irish hotel sector.
In December 2014, Davy then served as financial adviser to Dalata on its transformational deal, the €455m acquisition of the Moran Bewley’s Hotel Group. The Moran Bewley’s Hotels comprised a portfolio of nine hotels and over 2,500 rooms located across Ireland and the UK. Davy provided the full spectrum of corporate finance advisory services to Dalata; from negotiating and agreeing deal terms with the seller to structuring and executing an associated €50m placing to provide Dalata with the financial resources to execute the deal.
At Davy we are committed to making a difference to the business success of our clients. Contact us today to discuss how we can help.