Irish-founded and led Centralis Group, a global provider of alternative asset and corporate services, has announced a major expansion of its Irish operations with the opening of a new headquarters in Dublin 2.

The company plans to more than double its headcount in Ireland over the next five years, growing from 30 employees today to over 70.

The investment of around €15m comes as part of Centralis’ broader growth strategy, which aims to triple revenues and profits by 2030.

Globally, the Group employs more than 500 people across 13 countries.

The new office was officially opened by Minister of State for Financial Services, Credit Unions and Insurance, Robert Troy TD, who praised the company’s expansion.

He said: “Centralis has shown strong growth in a highly competitive market, and it is encouraging to see Irish founded and led businesses continuing to expand.

"Creating high-quality employment is critical to maintaining Ireland’s competitiveness, and Centralis’ investment of around €15m into the Irish economy will further support future employment and growth.

"This is yet another vote of confidence in Ireland’s financial services industry, which continues to be a destination of choice for growth and expansion.

"I congratulate the Centralis team on their new headquarters and wish them continued success.”

The new Dublin roles will span multiple areas of the organisation, including Debt Capital Markets, Fund Services, Treasury and Corporate Services.

Founder and CEO Aidan Foley said: “Moving to our new Dublin office marks a pivotal moment for the entire Centralis team.

"Since founding in 2011, we have grown our workforce to more than 500 people across 13 countries.

"We look forward to more than doubling our workforce in Ireland as we push into new markets and expand our business.

"Our investment of around €15m will see roles available at all levels of our organization.

"As we target tripled revenues and profits by 2030, and we expect to break the €85m revenue threshold in 2025, we will need a high-quality workforce to achieve these milestones.”

IDA Ireland CEO Michael Lohan added: “I am delighted that Centralis is committing to invest €15m in Ireland, along with their plans to double their employee headcount here.”

The expansion follows a landmark investment from US private equity firm HGGC, which valued Centralis at more than €500m – the largest of its kind in Ireland’s financial services sector