Sherry FitzGerald was sold to Tommy Kelly’s CastleGate Investments for a reported €50m in May 2022
Announcing the sale of Sherry FitzGerald in 2022 to CastleGate Investments were Roy Barrett of CastleGate, company co-founder Mark FitzGerald and chief executive Steven McKenna. Photograph: Mac Innes Photography
The business was sold for a reported €50 million in May last year, with co-founder and chairman Mark FitzGerald stepping down from the board at the time of the deal. The group closed the year with cash balances of €7 million, up from €4.2 million in 2021. Its bill for wages and salaries rose by 11 per cent to just over €21 million.
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