Kerman & Co’s advises on the sale of Feed Henry Ltd
November 12, 2014
Kerman & Co advised members of the management team on the sale of Cloud Computing Software Company, Feed Henry Limited, to Red Hat Inc.
Feed Henry Limited was established in 2008 as a spin out of one of Ireland’s Institutes of Technology. It provides a cloud computing mobility platform using technology initially developed in the Institute of Technology. Dublin based partner, Sean Nolan, acted for the founders in its establishment in 2008. Following support from Enterprise Ireland (Ireland’s State owned venture capital company) the Company expanded into the US and UK markets and was sold in September 2014 for approximately € 63.5m. Sean Nolan acted for members of the management team in the sale.