Congratulations to Andy, John,Jamie and all the team on this acquisition. I was delighted to work with Kollect and Beach Point in putting the growth funding package in place.
Deal Done! 🎉 Kollect acquires Irish Recycling Group for €4.8m We’re thrilled to announce that Mashup Ireland's subsidiary, Kollect, has successfully acquired the Pink Recycling Group for €4.8m. This strategic acquisition marks a major milestone for Kollect, allowing us to expand our capabilities in the physical collection and treatment of waste, while continuing to drive innovation in the waste management industry. 🌍♻️ This acquisition is expected to boost Kollect’s revenue to over €15m in 2025 and strengthen our margins. 📈 Congratulations Kollect CEO, John O Connor and the incredible team including Morgan Lalor MSc BSc, Jamie Walsh and Jack Starling and solicitor PJ Kiely of De Búrca Greene Solicitors for their relentless efforts to make this happen. And a special thanks to Beach Point Capital Ireland and UK for their ongoing support of Kollect's growth (and Peter Brophy). This is a big step in our journey from a customer-centric brokerage model to becoming a principal service provider. At Mashup, we remain committed to investing in Irish SMEs and helping them thrive through capital support, advisory, and strategic direction. This acquisition aligns with our mission to foster growth and innovation in Ireland’s SME ecosystem. Here’s to new beginnings and continued growth! 🚀 #IrishSMEs #MashupIreland #Teamwork #Growth #Nasdaq #Kollect #Innovation #Acquisition #WasteManagement John O Connor Jamie Walsh Jack Starling Morgan Lalor MSc BSc Garreth Ritchie David Fallon Gina Galligan Craig Hanlon (ACA) Mary Dunphy Fearghal Power Finbarr Hutcheson Peter Brophy