Seventeen years after it was founded, Rainmaker Business Technologies, the Dublin-based flight crew pay and analytics firm, was last week sold for an upfront figure of €10 million plus an earnout. The sale to German-based airline fuel and cost management software firm Skymetrix was announced publicly last Thursday but the price was not then disclosed. The deal comes after the Irish business showed resilience by overcoming a series of crises under the leadership of chief executive Brendan Fuller, CTO Anthony Carville, and co-founder Pat Byrne, the chairman of Cityjet. The sale puts the business in a strong position as its…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.