Clearwater has advised the MCR Group, a rapidly growing outsourced services company based in Ireland, on its investment from Freshstream Investment Partners (Freshstream), a private equity firm focused on making mid-market investments. Freshstream’s investment in MCR Group builds on its proven strategy of partnering with entrepreneurial and founder-led businesses.
The MCR Group was founded in 1996 by Douglas Taylor, who, together with co-shareholders and senior management, Kealan Turley and Donall Barrett, have grown the business to be a leading provider of cleaning, security, engineering, and personnel services in Ireland. The company serves a diversified, longstanding client base across various sectors including commercial, pharmaceutical, construction, retail, as well as the public sector. MCR Group is headquartered in Dublin, with a workforce of more than 3,000 employees, and will remain Irish based.
The company has demonstrated a strong track record of growth and profitability, underpinned by a distinct focus on quality and client service. This has been recognised by several industry awards, such as the Irish Contract Cleaning Awards and the Green Awards. MCR Group is planning to expand further across Ireland, including growth through acquisitions, with Freshstream’s support.
Kealan Turley and Donall Barrett, who joined the firm in 2000, will continue to lead the business, with the support of their existing senior management team and Freshstream.
