Business news

Tarasis Enterprises sets new growth goals with £10m investment and plan for 300 new jobs

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Tarasis

22nd Mar 2023

Award-winning entrepreneur Mairead Mackle builds on £10m investment in housing and renewables sectors to power new five-year growth plan

Tarasis Enterprises, comprised of four key business divisions focused on healthcare, support services, housing and renewables, was officially launched under a new brand identity today (Wednesday 22nd March 2023), streamlining operations to meet new five-year growth goals.

With offices in Belfast, Dublin, Sligo and Armagh, the 28-year-old company, which has invested more than £10 million in the housing and renewables sector over the last number of years, also announced plans to invest a further £10 million across all its divisions.

Confirming its significant scale-up plans for five years of growth at its headquarters at Callan House, the company said it will create more than 300 new jobs across its businesses on the island of Ireland as part of its five-year growth strategy.

In 2021, Tarasis Enterprises generated revenues of more than £30 million across its island-wide operations, up from £26 million in the previous year.

Its longstanding and successful charitable programmes iCare and Evolve will now sit under Tarasis Foundation as part of the strategic reorganisation, consolidating its collective philanthropic programmes to drive its “business for good” mission.

The company said the new Tarasis Enterprises brand, which incorporates Tarasis Healthcare, Tarasis Support Services, Tarasis Housing and Tarasis Renewables, creates a powerful new visual identity for a future-focused alliance of divisions.

Founder and CEO of Tarasis Enterprises, Mairead Mackle MBE, said:

“Following a strategic review of our operations, we decided to streamline, consolidate and renew our key business divisions under the Tarasis Enterprises brand which unifies our experience and allows our compelling offer to stand out as part of our exciting growth ambitions.

With new goals and investment, Tarasis Enterprises is perfectly placed to continue building real value for its growing client base and for its dedicated teams which deliver on our mission to provide innovative solutions, whilst also building on our established partnerships across the island of Ireland.”

Established in 1995 and strategically led by an agile and values-based multi-disciplinary leadership team, the vision for Tarasis Enterprises is to always think “beyond business”, creating sustainable, innovative solutions for the future of living that tackle real social and environmental issues including social care, healthcare, homelessness and energy.

“With new investment, new jobs and new approaches, we plan to make a real and positive impact on the many pertinent social issues and crisis of our time which include housing, social care and climate change,” Mairead said.

Mairead Mackle received an MBE in the New Year Honours list last year for her contribution to economic development. In 2019, Mairead was recognised as NatWest Entrepreneur of the Year.