Bregal Milestone invests in Arkphire

Arkphire, an Irish provider of IT services, secured a multimillion euro investment from Bregal Milestone, a London-based private equity firm. Terms of the transaction were not disclosed. Arkphire is one of the fastest-growing companies in Ireland and across Europe with turnover having jumped from €20 million to more than €90 million over the last four years. Chief Executive of Arkphire, Paschal Naylor said Arkphire was excited to be working with Bregal Milestone, which he described as “an investor with strong sector experience and a global network of industry contracts.”