LeBruin, a leading corporate finance and debt advisory provider based in Dublin, has today announced its annual results for the year ending 30th April 2015.
The results show an increase of 15.6% in after-tax profits to €760,000, and an increase in turnover of 48% to €3.25m.
2015 was another successful year for LeBruin, with the business continuing to grow throughout the year. In April 2015, LeBruin opened a London office, hiring a dedicated business development manager to strengthen the company’s relationship with funders. A further business development manager was hired to service non-Dublin locations, including Galway, Cork and Limerick. In addition, the company launched Origin Capital Limited, a senior debt funder specialising in commercial real estate transactions between €3m and €20m. Overall staff numbers (including Origin Capital) increased by 64% over the last 12 months.
Commenting on the annual results, Tom Browne, Managing Director of LeBruin noted: “2015 has been a year of significant growth for LeBruin, most notably with the launch of Origin Capital, which has already established itself as a genuine alternative to traditional funding options in the Irish market, having lent over €50m since its formation. In addition, LeBruin’s expansion into London and the rest of Ireland has strengthened our position as a leading provider of capital raising solutions.”
LeBruin is a leading Corporate Finance and Debt Advisory firm based in Dublin, Ireland. With offices in Dublin and London, LeBruin has a track record in delivering for clients in the areas of Funding, Debt Management and Debt Restructuring.
Independent and working only for its clients, LeBruin specialises in matching clients with new sources of funding, delivering effective solutions in the form of senior debt and equity finance across a range of business sectors. LeBruin has strong relationships with both traditional and non-traditional lenders in Ireland, the UK and USA. LeBruin also works with a number of equity funds who have a keen appetite to invest in projects, enabling us to meet our clients’ refinancing needs.
In addition, LeBruin facilitates debt restructuring agreements with NAMA, the banks and other creditors. In total, LeBruin has restructured over €6.5 billion of debt and has raised over €10 billion in new debt and equity for its clients since inception.