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WE ARE FIREBREAK

Firebreak is a hospitality-focussed

business operating in four distinct areas:

  • Hospitality Management.

  • Consultation and advisory services to hospitality businesses.

  • Acquisition of hospitality assets.

  • Hotel Development

Since 2010 Firebreak has been working with distressed enterprises, helping

stakeholders to achieve successful turnaround. This has involved working

closely and extensively with all stakeholders, including receivers, banks,

owners, investors, developers and those holding – or acquiring - outstanding loans leveraged on properties involved.

 

Firebreak’s success in these areas comes from the specific expertise

represented on the team, which includes operational, financial and

development experience in the hospitality sector, and corporate finance

experience across a range of industries

OUR TEAM

Adrian holds a BSc (Management) from Trinity College Dublin. Adrian cut

his teeth in Ernst and Young, Dublin, where he spent eight years, becoming

a fellow of Institute of Chartered Accountants in the process. He then spent

two years at Dolmen Corporate Finance and Ion Equity, before taking up

the position of Managing Director at Capital Bars, where he spent 9 years.

In 2010, Adrian left to pursue his vision for Firebreak, which he continues to

lead and build.

Adrian Shanagher

WHAT WE DO

Firebreak’s extensive experience,

in both finance and hospitality,

puts us in an ideal position to identify

unexploited opportunities and areas

of under performance within a business.

This in turn enables us to rationalise

or optimise, as appropriate, to create

viable businesses that are ready to

thrive. We achieve this in a number

of ways, including:

• identifying acquisition opportunities on behalf of our clients

 

• assessing and evaluating hospitality assets that are underperforming,

and providing strategies and recommendations

 

• devising, implementing and managing turnaround strategies and

financial modelling for distressed hospitality enterprises.

 

• assisting clients with due diligence and the bidding process, in the

acquisition of hospitality assets

 

• implementing organisational change, including the installation of new

management teams and structures

 

• the management and operation of hospitality assets

 

• the optimisation of purchasing and labour costs

 

• helping with all aspects of opening or re-launching a hospitality business,
  including development, refurbishment, market re-positioning

and re-branding.

 

In addition, Firebreak seeks suitable properties in which to invest.

DIFFERENCE

Firebreak was established in 2010,

during what was probably the most

challenging period in the history of

the Irish hospitality industry, and in

the midst of a global recession.

Our ability to achieve turnaround

for clients, and to optimise

hospitality businesses in this

adverse environment, is evidence

of our uniquely successful approach.

That approach owes its strength to Firebreak’s:

 

• deep sectoral experience

 

• unique blend of hospitality, finance and corporate finance expertise

 

• extensive base of contacts across a variety of industries, sectors & markets

 

• dedicated, results-focussed team.

 

At Firebreak our relationships with investors, clients, personnel and

suppliers are central to our success. We treat every asset as if it were our

own, giving our full attention to each project we are involved in.

PROJECTS

Morrison Hotel, Dublin

 

Beresford Hotel

 

Thomas Read

 

Four Seasons

 

Powerscourt Hotel

 

Mount Juliet

 

Mount Wolseley

 

Killashee House

 

City West Hotel

 

Jacobs Inn Hostel

 

Clonmel Park

 

Bellinter House

 

Aherlow House Hotel

 

Andrews Lane Theatre

 

 

Other projects

Operation and Asset Management

 

Reopening and operation

 

Operation and Asset Management

 

Advising London and Regional on strategic options

 

Acquisition, turnaround and asset management

 

Acquisition, turnaround, operation and asset management

 

Acquisition, performance enhancement, operation and asset management

 

Acquisition, performance enhancement, operation and asset management

 

Acquisition, performance enhancement, operation and asset management

 

Acquisition, performance enhancement, operation and asset management

 

Acquisition, performance enhancement, operation and asset management

 

Advising ownership on operations and assistance with ultimate sale

 

Acquisition, reopening, operation, turnaround and ownership of asset

 

Assembling an investor group for the acquisition of

Andrews Lane Theatre for proposed hotel development

 

Advising a number of potential acquirers on portfolio loan sales

 

Advising a number of portfolio loan acquirers on asset sales

 

Advisory services in relation to 60m of overseas assets for a

private client in a single deal

 

Acquisition assessment and evaluation and bidding on over a dozen

other hotel projects