Duff & Phelps, an American corporate finance advisor, has announced the acquisition of Corporate Finance Ireland (CFI).

Established in 1987, CFI is active in M&A and property asset management in Ireland. According to the company, in the past two years it has helped to secure €150m in debt funding for privately held businesses.

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 entered the Irish market two years ago when it purchased the restructuring and insolvency division of Farrell Grant Sparks. This was followed up with the acquisition of Kinetic Partners. After the CFI deal, Duff & Phelps’ Irish business will have around 70 professionals specialising in restructuring, insolvency, M&A, private capital raising and real estate advisory.

Luke Mooney, Director of CFI, said: “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.”

In Association with

Corporate Finance Ireland Ltd has five shareholders, who each owned 20% of equity in the firm: Luke Mooney, Michael Semple, James McCarthy, Frank Traynor and Peter Blessing.

Photo (l-r): Luke Mooney, Director of CFI; Declan Taite, Managing Director of Duff & Phelps Ireland; Anne O’Dwyer, Managing Director of Duff & Phelps Ireland; Aidan Flynn, Director M&A, Duff & Phelps Ireland; Brian Cooney, Director of CFI.