β€œIn MML Ireland, Innopharma has been able to secure an investor with vision and similar ambition to that we have for our business. We have a strong and dedicated team of people at Innopharma and this new partnership gives us the platform for significant growth – benefitting our learners.”

Orla Callan, Registrar and Director of Innopharma Education

Innopharma Education & Technical Services

innopharmaeducation.com
MML invested in the business alongside the management team and founder shareholder in order to support the next phase of its development.

The business

Innopharma is Ireland’s leading provider of higher and further education, focused on up-skilling and re-skilling individuals to enter or progress within the pharmaceutical, medtech and food & beverage manufacturing sectors. It is also a provider of highly trained, contract technical resources to client companies within the pharmaceutical and medtech industries.

The deal

Innopharma is the largest private life science higher education institution in Ireland with courses being delivered nationwide across Dublin, Cork, Limerick and Galway. Its Education Division upskills and reskills over 1,700 learners annually and its Technical Services Division selects and trains technical contractors to the highest regulatory standards.

Given the skills required to support advanced manufacturing both in Ireland and internationally and the commitment of governments to support lifelong learning, the up-skilling and re-skilling education sector continues to expand apace. This creates market opportunities for well positioned and invested critical skills focused businesses, such as Innopharma.

Innopharma was looking for a partner with experience of working with, and helping to grow, dynamic scaling businesses. Preserving company culture and team was of critical importance and MML Ireland’s track record in providing the guidance and professionalisation required to expand and scale were a key component of the plan.

As part of the deal, MML partnered with the founder shareholder, Dr. Ian Jones, DunPort Capital Management, Orla Callan, Luke Kiernan and the wider Innopharma team in order to create an appropriate capital structure and set a platform for success in expanding in Ireland and internationally.

 

Fund
MML Ireland Fund II
Region
Republic of Ireland
Deal Status
Current
Sector
Education Services

Related news

MML Ireland invests in Innopharma Education & Technical Services, our 20th primary investment
We are delighted to welcome Innopharma to the MML Ireland portfolio, investing alongside the management team and founder shareholder, Dr. Ian Jones, in support of their ambitious growth plans.

Associated deal team

Neil McGowan

Partner and Co-Head of Investments

Christopher Walsh

Investment Director

Muireann MacAuliffe

Investment Manager

Emma Jones

Investment Associate

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