- Since the inception of Doonbeg Group, Inc. five (5) years ago, the firm’s professionals have built a solid foundation for future growth in revenue and profitability based upon the success of delivering unique and high quality transactions to our investing clients in the markets which we serve. Doonbeg also continues to seek innovative approaches to advising our client companies in confronting the myriad business challenges and to stay apace of the technological change that is shredding traditional business models.
- At the firm’s inception in 2013, Doonbeg recognized that the commercial shipping business had been characterized since 2009 by slow to recover asset values, depressed freight rates, and a worldwide decline in the availability of major financial institution lending capacity. These developments led Doonbeg to conclude that not only do new capital sources need to be explored from non-traditional institutions, but that non-bank platforms need to be created to fill the capital void.
- Since then, Doonbeg has developed additional core business competencies in metals and mining and specialty lending, as well as most recently in alternative energy and fuels project finance. The unprecedented decline in global commodity values offers tremendous counter cyclical investment opportunities in the mining sector, while the tumult in shipping markets has exposed additional opportunities in ports, terminals, and storage facilities.
- Doonbeg’s long term business plan centers on the evolution of our merchant banking platform from a “Banking/ Advisory Fee Income Centric Model” to a “Merchant Investment Return Centric Model”. The firm has commenced this process by taking a few key investment positions in its client company’s common or preferred equity. In 2018, Doonbeg plans to develop, in conjunction with a broker dealer partner, a short term credit fund focused on meeting the needs of its client companies to help them bridge to longer term, more permanent capital solutions.