Friday 19 January 2018

The Punt: Fortune still smiles on the residents of Millionaires' Row

THINGS seem to be ticking along nicely for almost everybody at Millionaires' Row in north county Dublin. The upmarket Abington estate in Malahide has its fair share of movers and shakers and those who have been shook – mind you, it was also at one time the home of former Anglo Irish Bank boss David Drumm.

But Ray Nolan and Paul Kerley, both of whom have made tens of millions selling various businesses, have piled once again into Dublin-based technology firm M2M Telematics.

Between them, they stumped up nearly €600,000 in funding for the business back in April, filings just lodged with the Companies Office show. M2M was co-founded by Seamus Devitt and is a global mobile virtual network operator.

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