Freshstream to invest in MCR Group

• Freshstream’s investment in MCR is its fifth via its first independent fund
• MCR’s Kealan Turley and Donall Barrett will continue to lead the company
• Freshstream is a mid-market private equity firm

Freshstream Investment Partners has agreed to make an investment in MCR Group, an outsourced services company. No financial details of the transaction were disclosed.

MCR provides cleaning, security, engineering, and personnel services and is based in Dublin, Ireland. The company has over 3,000 employees.

MCR plans to expand further across Ireland, including via acquisitions with Freshstream’s support, according to a release.

Freshstream’s investment in MCR is its fifth via its first independent fund which closed at €762 million.

MCR follows recent investments in DeterTech, Bella Figura Music, Big Motoring World, and Nafinco.

“The culture and leadership in the firm was a real attraction for us and there is very strong alignment with Freshstream and our core values,” said Tom Carroll, director at Freshstream.

MCR’s Kealan Turley and Donall Barrett will continue to lead the company.

Freshstream is a mid-market private equity firm with offices in London and Amsterdam.