Everyday Business podcast with Aidan Donnelly
15th February, 2024
We are delighted to bring you the twentieth episode of the podcast series 'Everyday Business with Aidan Donnelly' with guest Declan Doyle, CEO at Bidvest Noonan.
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This podcast brings you insightful conversation between Aidan Donnelly and entrepreneurs and business owners/management with their own unique story to tell. A new episode of the series will be released biweekly. You can listen to 'Everyday Business with Aidan Donnelly' via any of your usual podcast providers.
Much to his parents’ horror Declan Doyle dropped out of Trinity after one year and went full time managing 10 quick service retail stores in Dublin city centre, going to college by night to get a business degree. Realising accountancy might be a good skill to have, he trained with Grant Sugrue as a forensic accountant, before going into the facilities maintenance industry with Noonan Services Group.
Soon after he was involved in a management buyout – possibly not the best-timed transaction I think he would admit – but the company still managed to grow through the early years of the Financial Crisis with him in the role of CFO. The successful implementation of an ERP system was followed up by a large UK acquisition to bolster their position there.
In 2017 it was time for their private equity partners to say goodbye, as they found a new home with Bidvest PLC a South African headquartered services, trading and distribution group. The transition from PE to PLC ownership was easy. Then in 2019 the CEO retired from the business, and Declan stepped into the role – where he remains today.
The business has trebled in the last 6 years with revenues now north of €900M pa. and they now have a team of over 27,000 passionate and customer-focussed people.
He may never have received his Theoretical Physics degree from Trinity, but he does have an MBA from there.
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The participants in this Podcast have done so for the purpose of sharing their own individual business experiences. Some are clients of Davy and some are not. They have not received a gratuity or other payment for their time in making the Podcast. The views expressed throughout are their own.
WARNING: The information in this Podcast is not a recommendation or investment research. It does not purport to be financial advice. You should speak to your advisor, in the context of your own personal circumstances, prior to making any financial or investment decision.
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