Livingbridge Makes Investment in Welltel

December 21, 2020

UK private equity firm Livingbridge has made an investment in Dublin-headquartered communications and IT provider Welltel to support the company’s M&A programme, organic growth and infrastructure scaling. Welltel, founded in 2007 and led by CEO Ross Murray and Executive Chairman John Quinn, serves roughly 3,500 customers across enterprise and public sectors and has completed six prior acquisitions.

Buyers
Livingbridge
Targets
Welltel
Sellers
Duke Royalty Limited
Industry
IT Services
Location
Dublin, Ireland
Transaction Type
Growth capital

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