Grant Thornton exec joins effort to meet revenue growth target
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Pictured: Michael McAteer, Kevin O’Loughlin and Barry O’Loughlin, Nostra
Nostra has appointed Grant Thornton Ireland leader Michael McAteer as its new chairman. McAteer’s appointment will support Nostra’s ambitious growth strategy to increase annual revenue growth from €50 million to €250 million within five years.
At Grant Thornton Ireland McAteer spearheaded the firm’s remarkable growth, with the organisation nearly tripling in size with revenues reaching €300 million and played a pivotal role in the firm’s international expansion.
McAteer said: “I’m thrilled to be contributing to the growth and expansion of such an exciting and ambitious Irish organisation. As chairman, I will have the flexibility to retain my role at Grant Thornton while also having the opportunity to share my insights and expertise. It will be a very exciting time for both myself and the Nostra team, and I’m looking forward to seeing where we can go together in the coming months and years.”
Last year Nostra secured valuable investment from Phoenix Equity Partners to achieve its growth goals. Nostra also completed four acquisitions in 2023 and created over 100 new jobs with the launch of its state-of-the-art Cybersecurity hub in Galway as it continues its impressive growth trajectory.
Kevin O’Loughlin, Nostra co-founder & CEO, said: “At this pivotal moment in Nostra’s growth, we welcome Michael’s expertise and insights to help us pave the exciting road ahead. We have a shared vision to empower our customers with the right IT solutions so they can focus on what matters to them, and I look forward to working with Michael as we continue to scale our best-in-class service.”
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