DunPort | Waterland| Bellew Electrical
DunPort supports Waterland in its investment into Bellew Electrical.
DunPort are delighted to have provided debt facilities to support Waterland Ireland in its investment into Bellew Electrical.
Established in 2007, and led by Co-Founder and CEO Ollie Bellew, Bellew Electrical is a family business and one of Ireland’s largest independent electrical wholesalers, operating in Drogheda, Dundalk, Castleblayney, and Crossmaglen. Bellew has an outstanding track record and industry reputation for delivering unparalleled product quality and customer service.
DunPort are looking forward to working with both Waterland and the Bellew management team as the business enters its next phase of growth.
Waterland were advised by Tatsu Partners (Debt Advisory), Flynn O’Driscoll (Legal), PwC (Financial and Tax), and Roland Berger (Commercial). DunPort Capital Management were advised by Addleshaw Goddard (Legal).
Bellew represents DunPort’s fourth deal of 2024 and the 17th company to have been supported by the Oak Corporate Credit Fund, DunPort’s €335m lending vehicle. The transaction also represents the 62nd unique company which DunPort has supported overall.
