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Cardinal Capital/HLB Ireland and FutureRange

M/25/024

Completed

Transaction details

The proposed acquisition by Cardinal Ireland Partners Fund SCSp, through CIP HoldCo S.à.r.l., of joint control of Hook Line Bay Limited and Flare Trench Limited, has been cleared by the Competition and Consumer Protection Commission.
Case details
  • Notification date:25 March 2025
  • Publication date:25 March 2025
  • Economic sector:Professional, scientific & technical activities - N
  • Economic sub-sector:Legal & accounting - N.69
  • Simplified merger:Yes
  • Outcome:Cleared
Documents
Timetable

Phase One

  • Tuesday, 25 March, 2025 Notification received
  • Monday, 7 April, 2025 Third party submission deadline
  • Wednesday, 9 April, 2025 Determination issued
Parties Involved

Cardinal Ireland Partners Fund SCSp

Cardinal Ireland Partners Fund SCSp is a private equity investment firm that specializes in acquiring, managing, and enhancing the value of companies across a range of industries.

 

CIP HoldCo S.à.r.l.

CIP HoldCo S.à.r.l. is a wholly owned subsidiary of Cardinal Ireland Partners Fund SCSp, which is part of a larger ownership structure that includes Cardinal Capital Group UC, the investment manager for Cardinal Ireland Partners Fund SCSp.

 

Hook Line Bay Limited

Hook Line Bay Limited is an Irish advisory & accounting firm, originally established in 1976 as Sheehan Quinn. Hook Line Bay Limited Ireland is focused on providing advisory and accountancy services to owner-managed businesses in Ireland, and is a member of the HLB International network, a global network of independent advisory and accounting firms providing consulting, tax, and audit services.

Hook Line Bay Limited is in the process of changing its name to HLB Ireland Limited.

 

Flare Trench Limited

Flare Trench Limited is an IT managed services and cyber security firm that provides 24/7 service desk support, hybrid cloud management, and cyber security services to Irish businesses.

Flare Trench Limited is in the process of changing its name to FutureRange Limited.
Contacts
Jack Kelly jackkelly@ccpc.ie
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