Leading Irish data centre engineering group expects to generate €2bn of revenue this year
Barry English, who was a non-executive director of Winthrop before the deal was announced, was the majority owner of the business
A deal by US investment giant Blackstone to buy a 50.7pc stake in Dublin-based data centre engineering group Winthrop Technologies has been finalised in recent weeks, new filings show.
When it was confirmed in April, the deal was said to value the Irish firm at about €800m. Filings with one company linked to the deal show that a consideration of €613m was paid for shares by Blackstone and Winthrop management in a new “topco” that was used to effect the transaction.