Belfast-based specialist IT Digital Delivery and Training firm Instil Software Ltd has attracted external private investment to fuel a new period of growth. The investment has been made by Paddy O’Hagan, former director and CEO of technology solutions provider Neueda (now Version 1).
Paddy has also joined Instil as a Director and COO to support the new growth strategy, which leverages Instil’s track record of recognised delivery expertise and unparalleled employer brand in the local market.
Instil CEO Tara Simpson said “I am thrilled to have Paddy invest in Instil and join me on the board. In Paddy’s first 5 months with us, we have worked collectively to make a real impact on the business and look forward to continuing this together. By investing in Instil, Paddy is making a real statement of intent on how we intend to execute our ambitious growth plans over the coming years.”
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Paddy O’Hagan also commented: “I’m delighted to join Tara and the team leading on a new growth strategy for Instil. I intend to use my experience in building companies in this market to support Instil’s growth strategy, both as a team and as a company. This is such an exciting opportunity and we’ve some exciting plans ahead including entering new geographies and bringing new services to market.”
Maneely McCann and Carson McDowell acted as advisors on the buyer side while RSM and Lewis Silken advised on the seller side.
Source: Written from press release
