Sun, May 22, 2016
Duff & Phelps Acquires CFI
-- Extends Duff & Phelps Footprint in the Republic of Ireland --
NEW YORK - Duff & Phelps, the premier global valuation and corporate finance advisor, today announced the acquisition of Corporate Finance Ireland (CFI), a leading corporate finance firm in the Republic of Ireland. The acquisition contributes to Duff & Phelps growth in Ireland, and follows the firm’s acquisition of the Restructuring and Insolvency Division of RSM Farrell Grant Sparks and Kinetic Partners in the past two years.
Established in 1987, CFI has a strong reputation in M&A and Property Asset Management in Ireland. Over the past 24 months CFI has secured in excess of €150m in debt funding for privately held businesses to support growth strategies on a domestic and cross jurisdictional basis.
CFI also operates a real estate portfolio management business, providing varied property services to syndicated co-ownerships with a client list of 300 investors. The company has acquired over 70 commercial properties on behalf of clients and manages a significant real estate portfolio in Ireland and across Europe.
Duff & Phelps Irish business now includes over 70 professionals specializing in restructuring, insolvency, M&A, compliance and regulatory consulting, fairness opinions, private capital raising and real estate advisory. With the addition of CFI, the firm’s global Corporate Finance practice has more than 400 professionals across Europe, the U.S. and Canada.
Commenting on the announcement, Anne O’Dwyer, Managing Director of Duff & Phelps Ireland, said: “We are delighted that CFI has chosen to join Duff & Phelps and welcome their M&A and property asset management expertise. The addition of CFI will help us meet the growing demand of clients looking to take their businesses to the next level. Duff & Phelps is committed to increasing the value we bring to our clients in Ireland and the services we offer the Irish market.”
Luke Mooney, Director of CFI, added: “Joining Duff & Phelps is a fantastic opportunity for the evolution of CFI and the right strategic fit for both companies. The Irish economic recovery has resulted in more firms looking to raise capital with plans to expand domestically and internationally. Duff & Phelps scale and global reach in terms of debt advisory and access to private equity capital will immediately benefit our existing client base by allowing us to draw on their international expertise and broader range of services.”
About Duff & Phelps
Duff & Phelps is the premier global valuation and corporate finance advisor with expertise in complex valuation, dispute and legal management consulting, M&A, restructuring, and compliance and regulatory consulting. The firm’s more than 2,000 employees serve a diverse range of clients from offices around the world. For more information, visit www.duffandphelps.ie.
M&A, capital raising and secondary market advisory services in the United States are provided by Duff & Phelps Securities, LLC. Member FINRA/SIPC. Pagemill Partners is a Division of Duff & Phelps Securities, LLC. M&A and capital raising services are provided in a number of European countries through Duff & Phelps Securities Ltd, UK, which includes branches in Ireland and Germany. Duff & Phelps Securities Ltd, UK, is regulated by the Financial Conduct Authority.
Piaras Kelly / Martyn Rosney
+353-86-8131691 / +353-85-7282151
[email protected] / [email protected]
Corporate Finance and Restructuring
Middle Market M&A, Strategic Advisory, Debt Advisory and Private Capital Markets, Restructuring and Insolvency Services, Financial Due Diligence, Fairness Opinions, Solvency Opinions and ESOP/ERISA Advisory