The Irish Times Business Person of the Month: Chupi Sweetman, founder of Chupi

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The Irish Times Business Person of the Month: Chupi Sweetman, founder of Chupi via IrishTimesBiz

In February, Chupi announced that it had secured €3.75m in new equity and debt funding to fuel its ambitious growth plansIrish jeweller Chupi Sweetman has been chosen as The Irish Times Business Person of the Month for February, an award run in association with Bank of Ireland.

Chupi, the heirloom jewellery company she founded 10 years ago, announced during the month that it had secured €3.75 million in new equity and debt funding to fuel its ambitious growth plans for Ireland and Britain. The deal will see investment funds BVP and Abbey International Finance take equity stakes in the business, with Permanent TSB’s business banking division providing term debt to support Chupi’s long-term growth strategy.

Chupi will continue to be majority controlled by Ms Sweetman, her husband Brian Durney and members of the company’s leadership team.

 

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