CONNEMARA FINANCIAL SERVICES GROUP SELLS FOR 170 MILLION
Date Published: 17-Aug-2012
Connemara based financial payments group Fintrax group holdings has been sold for 170 million euro.
The company is based at Tully Business Park in Ballinahown.
The group has been sold to the company's management team and exponent private equity.
The Irish Times reports the deal will net its founder Gerry Barry and his family 119 million euro for their 70 percent stake in the business.