To register your interest for the 2024 Davy EIIS Tax Relief Fund please email besinfo@bes.ie
BES Management DAC, is a joint venture company owned by Davy and BDO is an EIIS Fund Manager.
We invest EIIS funding in Irish SMEs to support ambitious management teams to achieve their growth plans.
We are Ireland’s longest running and most experienced BES/EIIS Fund manager. We have successfully raised and invested over €200m in BES and EIIS funding over the past 25 years.
The Employment and Investment Incentive Scheme (EIIS) is a tax relief scheme which offers individual investors a blended rate of tax relief as an incentive to encourage investment in small and medium sized companies in Ireland.
Our EIIS Funds are sector agnostic, and our geographic focus is the Republic of Ireland. We have completed investments in all 26 counties and across all sectors.
As an investor, we align with management teams to support them to achieve their growth plans. We bring our experience and market knowledge to assist and accelerate the growth potential of our investees.
Our experienced Board of Directors are responsible for the operation and management of the Davy EIIS Funds.
Ivan Murphy is Managing Director of Davy Corporate Finance having joined Davy in 1991. Since then he has been involved in advising many of Ireland’s leading public and private companies on a range of transactions including flotations, secondary fundraisings and mergers and acquisitions. He has 30 years’ experience in corporate finance having previously worked with Kleinwort Benson, London. He is an honours economics graduate of UCD and a Fellow of The Chartered Institute for Securities & Investment.
Sinéad Heaney is a Partner in the Corporate Investment & Business Advisory Department of BDO. Sinéad has considerable experience in structuring BES/EII Scheme Investments. She also has extensive experience working with small, medium and large privately owned businesses in both developing and achieving their strategic plans. She is also co-founder and investment Director of The BDO Development Capital Fund and Development Capital Fund II. Sinéad is a Fellow of the Institute of Chartered Accountants in Ireland.
Andrew Bourg is a Partner in the Corporate Investment & Business Advisory Department of BDO and is commercially focused with a wide breadth of experience in scaling, growing and internationalising SME’s on both an organic and acquisitive basis. Andrew has significant experience investing capital and working with SME’s across a range of industries to assist them accelerate and achieve their growth plans. Andrew is also a co-founder and investment Director of The BDO Development Capital Fund and Development Capital Fund II. Andrew is a Fellow of The Institute of Chartered Accountants of Ireland and co-author of “Business Innovation & Growth – Tax Incentives and Sources of Funding”.
Michael MacGrath is Head of Global Investment Selection within Davy Wealth Management. He is a member of the Davy Private Client Investment Committee, and he also manages Davy’s private equity investment programme. Michael joined Davy in 2011. He holds a degree in Law from University College Dublin, a Barrister-at-Law Degree from King’s Inns, a Masters in Management from the Michael Smurfit Graduate Business School, and is a member of the Institute of Banking. He is a CFA Charterholder and a member of the CFA Institute.
INCOME TAX RELIEF - via a managed EIIS Fund
TRACK RECORD - over 25 years’ experience investing in SME’s and structuring EIIS investments
DIVERSIFICATION - fund is spread across a portfolio of companies operating in various sectors
EXPERTISE – professional and experienced team with commercial, financial and legal expertise
GOVERNANCE - defined investment process
COMMUNICATION - regular communication to investors
REGULATED by the Central Bank of Ireland
We raise a Fund annually in the last quarter of the year.
Register your interest at besinfo@bes.ie or the Davy Execution Desk on 01-6149000
We always welcome enquires from companies and pride ourselves on always providing a professional and efficient service. If you are interested in exploring your EIIS funding options, please get in touch.
For more information on the Davy EIIS Fund offering please contact:
Email: