Development Capital

Development Capital is a Dublin-based growth-stage private equity firm that funds established Irish mid-market healthcare delivery companies and other technology-enabled services businesses. The firm operates with a focus on backing companies past the early commercial stage, where management teams have established repeatable revenue, identifiable cash flow profiles, and clear opportunities for organic and acquisitive growth. Within healthcare, the focus is on care delivery and tech-enabled services and health IT and healthcare software, with attention to platforms whose business models combine service delivery, technology, and operational scale across the Irish and broader UK and Ireland markets. The team values commercial discipline, durable customer relationships, and management teams ready for the rigors of a growth equity partnership. Development Capital concentrates on growth-stage opportunities, with check sizes generally in the 5M to 25M range. The firm typically takes meaningful minority or majority positions, secures board representation, and supports companies through subsequent capital events including follow-on rounds, recapitalizations, and strategic exits. The capital base supports sustained partnership across multi-year ownership cycles. Geographic activity is concentrated in Ireland, with broader UK and selective European deal flow considered. Founders engaging Development Capital should expect detailed financial and operational diligence with attention to revenue durability, EBITDA quality, and management depth, paired with post-investment partnership oriented around scaling go-to-market, M&A strategy, and leadership team build-out. The firm tends to favor founder-operators and management teams with proven commercial track records. Limited public information is available regarding individual partners and detailed portfolio holdings.