
We are excited to present our portfolio company Kilcullen Investment Management (KIM). Formally we engaged with KIM in Q2 2016 but have since restructured the magagement company and also taken an equity interest as well as a Board Seat to strengthen the Corporate Governance. As part of our deliverable with KIM we have introduced the CEO Colm O’Reilly to a number of high quality investors who are in the process of backing the restructured entity. As such KIM will acquire interests in Irish Bars as part of a direct private equity play. This includes the free-/leasehold and the operating business. The plan is ti acquire some 60+ bars over the next 36 months.