Killarney Financial Planning Acquisition News
- Killarney-based Gallivan Financial is continuing its rapid expansion with the acquisition of Tara Financial Partners Ltd, a Dublin-based firm.The deal, expected to finalize within weeks, will bring Gallivan...
- This acquisition marks the third for Gallivan Financial in 2024, adding to a network that has grown by five businesses in the last two years.
- Gallivan Financial anticipates exceeding €1 billion in assets under management by the end of 2024, bolstered by this latest acquisition and ongoing exclusive negotiations for additional transactions.
Gallivan Financial Expands National Footprint with Dublin Acquisition
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Killarney-based Gallivan Financial is continuing its rapid expansion with the acquisition of Tara Financial Partners Ltd, a Dublin-based firm.The deal, expected to finalize within weeks, will bring Gallivan Financial’s total assets under management to over €850 million.
Strategic Growth and Market Penetration
This acquisition marks the third for Gallivan Financial in 2024, adding to a network that has grown by five businesses in the last two years. The company first entered the dublin market earlier this year with the purchase of Mount Street Group and also acquired Tralee-based Kelly O’Shea pensions and Financial Services. These moves demonstrate a clear strategy to broaden its geographic reach and service offerings.
Billion-Euro AUM Target in Sight
Gallivan Financial anticipates exceeding €1 billion in assets under management by the end of 2024, bolstered by this latest acquisition and ongoing exclusive negotiations for additional transactions. This growth trajectory follows the Gallivan family’s 2022 sale of Gallivan murphy Insurance Brokers to Assured Partners, while retaining ownership of Gallivan Financial and charting a new course for the wealth management business.
Deepening Dublin Presence
According to Fergal Smith, Managing Director of Gallivan Financial, the Tara Financial Partners acquisition will strengthen the company’s presence in Dublin and reinforce its overall national expansion strategy.This focused approach positions Gallivan financial as a significant player in the Irish financial planning and wealth management landscape.