LK Shields Solicitors acted for Terminalfour in connection with an investment of €1.6m from the Ulster Bank Diageo Venture Fund, managed by NCB Ventures, and the AIB Seed Capital Fund, managed by the Dublin Business Innovation Centre (DBIC), together with grant aid from Enterprise Ireland.

Terminalfour provides web content management technology to universities, public sector bodies and multinationals. It currently has over 200 customers throughout Ireland, the UK and Europe. It says it now plans to expand beyond Europe and capitalise on growing sales opportunities in North America.

The transaction team at LK Shields Solicitors was led by Emmet Scully, Partner in the Business Department, with assistance from Deirdre Kilroy, Partner and Head of Intellectual Property and Technology.

January 2010.