About Brightwater
Brightwater is a Business Services company based in Dublin (Ireland) founded in 1998, and was acquired by Merit in September 2018. Recruitment and staffing services are provided across various sectors. It operates on a Professional Services model. The company has 192 employees. Brightwater has completed 1 acquisition, including Alternatives. Its chief executive, as recorded, is Barbara McGrath. Brightwater offers products and services including Professional Recruitment and Technical Recruitment. Its focus areas include Services, Recruitment and Professional Staffing. Its legal entity is Brightwater Group. Its competitors include PE Global, Advisable and Noel Group; 1 of its 3 listed competitors has raised funding.
Company details
Brightwater is involved in the recruitment of professionals and technical staff across various industries in Ireland. Offices are maintained in Dublin and Cork to facilitate permanent, temporary, and contract roles. Services are provided to a wide range of sectors including accountancy, banking, IT, legal, and engineering. Commitment to client satisfaction and personal relationships is emphasized, alongside dedication to quality in matching candidates with employers.
- Annual Revenue$18.46 M (USD)2as on Dec 31, 2018
- InvestorsMerit Medical
& 1 more
- Employee Count192
- Investments & Acquisitions
- Acquired byMerit
(Sep 2018)
Products & Services of Brightwater
Brightwater offers a comprehensive portfolio of products and services, including Professional Recruitment and Technical Recruitment.
Professionals are recruited for various industries in Ireland.
Technical roles are filled across Ireland for clients.
Funding Insights of Brightwater
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Brightwater with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Brightwater
Brightwater has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Merit Medical and Capital Step.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Revenue-based financing is offered by this private debt firm. | 2015 | capitalstep.com | London, United Kingdom | |
Medical devices for cardiology and radiology procedures are manufactured. | 1987 | merit.com | South Jordan, United States |
Investor details for Brightwater
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People of Brightwater
1 people are tracked at Brightwater (1 in leadership); the tracked headcount is 192.
| Name | Role | Group |
|---|---|---|
Barbara McGrath | CEO & MD | Leadership |
Complete people profiles for Brightwater
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Investments & Acquisitions by Brightwater
Brightwater has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alternatives.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Talent management services are provided from Dublin, Ireland. | alternatives.ie | Dublin, Ireland | 2000 | Feb 2022 | •••• |
Complete acquisition details for Brightwater
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Timeline of Brightwater
4 dated milestones of Brightwater across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Brightwater is founded.
- Exit Acquired by Merit.
- Funding First funding round.
- Acquisition Acquires Alternatives.
Competitors of Brightwater
Brightwater has 3 listed competitors in our database, 1 of them funded. They include PE Global, Advisable and Noel Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| peglobal.net | 2005 | Cork, Ireland | Recruitment services are provided to various sectors from Ireland. | |||
| advisable.com | 2017 | Dublin, Ireland | $4.12M | Recruitment services provider for marketing freelancers | ||
| noelgroup.ie | 2014 | Dublin, Ireland | 1,640 | Provides staffing, training, and recruitment solutions for various sectors in Ireland. |
Detailed competitors of Brightwater
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Web traffic of Brightwater
The website of Brightwater (brightwater.ie) receives about 4.2K visits a month.
- Monthly visits4.2K
▲ 81.2% vs previous month
Websites whose visitors overlap most with Brightwater. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sigmarrecruitment.com | 100% | 31.9K | #804,728 | View details | |
firstaff.ie | firstaff.ie | 98% | #6,224,901 | – | |
hays.ie | hays.ie | 95% | #443,817 | – | |
| recruiters.ie | 87% | 36.2K | #820,402 | View details | |
robertwalters.ie | robertwalters.ie | 81% | #897,589 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Brightwater
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Related news about Brightwater
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Frequently Asked Questions about Brightwater
Brightwater was founded in 1998 and raised its 1st funding round 20 years after it was founded.
Brightwater is headquartered in Dublin, Ireland.
Barbara McGrath is the CEO of Brightwater, as recorded in our data.
Brightwater has 192 employees.
Annual revenue of Brightwater is $18.46M as on Dec 31, 2018.
Brightwater is involved in the recruitment of professionals and technical staff across various industries in Ireland. Offices are maintained in Dublin and Cork to facilitate permanent, temporary, and contract roles. Services are provided to a wide range of sectors including accountancy, banking, IT, legal, and engineering. Commitment to client satisfaction and personal relationships is emphasized, alongside dedication to quality in matching candidates with employers.
Brightwater's top competitors include PE Global, Advisable and Noel Group.
Brightwater offers Professional Recruitment and Technical Recruitment.
Brightwater has made 1 acquisition, including Alternatives.
Brightwater has 2 investors. Key investors include Merit Medical, and Capital Step.
Brightwater operates through Brightwater Group.
Yes. Brightwater was acquired by Merit in September 2018.