Exponent sets up new hub in Dublin

Exponent is a private equity firm based in London.

  • Jacqueline Flynn will head the Dublin office
  • Flynn joins the firm as operations director
  • The new office will be located at 39 Merrion Square

Exponent Private Equity has opened a new office in Dublin.

This follows Exponent’s decision to utilise Ireland’s newly revised Investment Limited Partnership structure, following approval from the Central Bank of Ireland for Exponent’s Irish business to operate as an Alternative Investment Fund Manager, according to a release.

The new office, located at 39 Merrion Square, will be led by Jacqueline Flynn, who joins the firm as operations director.

Flynn previously worked at BlackRock as chief operating officer for its Irish operations.

The Dublin office will also support the firm’s investment activity in Ireland led by David McGovern, a partner, alongside other senior members of the team.

“Ireland is a compelling environment to invest the resources of our firm and opening an office in Dublin is a natural and exciting step for our business,” said McGovern.

This follows the recent sale of recycling and resource recovery service provider Enva, which Exponent acquired in 2017. The sale generated a near 4x return for Exponent’s investors, the release said.

Exponent is a private equity firm based in London. Its investments in Ireland include Fintrax (now known as Planet), H&MV Engineering and Xeinadin.