Kroll snaps up Irish corporate insolvency practice Kirby Healy

Kroll, a company specialized in financial advisory services and risks, has acquired Kirby Healy, a task exercise for companies in Dublin, Ireland.

The deal enhances the capabilities of Kroll’s restructuring in the region, which actually doubles the size of the local workforce.

The Kirby Healy Kroll team will be able to provide an expanded set of services in Ireland, including areas such as expert testimonies, forensic accounting, fraud investigations, litigation support, marital disputes and conflict resolution for shareholders.

“Joining Kroll opens new strategic growth opportunities for us and enhances our ability to present locally complex states and across the borders,” said Kirby Hili, his partner Miles Kirby.

“It gives us the global range and access to our customers better – from Irish companies with international ambitions to multinationals with operations in Ireland.

“Together, we are in a good position to help customers move in complexity and unlock value at each stage of the work life cycle.”

Kroll said this acquisition is in line with the growth strategy in Ireland, which was designed to address the increasing demand for “advanced” restructuring and advisory services.

With the addition of Kirby Healy, Kroll now has a total of 26 experts for restructuring in Dublin, which enhances its presence in the Irish market.

The broader Irish team, which consists of more than 70 employees, provides services for real estate evaluation, consultations, compliance, organization, cyber flexibility and construction.

“We are pleased to welcome Kirby Haley in the team today, which will be useful as we continue to grow in Ireland and through Europe,” said Dicanan Tate, Managing Director of Crolo Tate.

“There is no doubt that geopolitical tensions cause great uncertainty for Irish companies, as well as a wide range of increasing business costs.

“In Kroll, we notice more possibility and previous participation of business owners to seek professional advice to help address financial distress, as well as ensure transparent participation in a timely manner with stakeholders.

“The Kirby Healy team will allow us, with its knowledge of the deep industry and its strong record, to provide a broader set of services or deeper power.”

Earlier this year, Kroll revealed plans to expand the practice of global restructuring in Europe, making many strategic appointments in response to the expected rise in restructuring activities in the near future.

This expansion included the appointment of Aurelio Garcia-Miro and Andreas Fluhler as a co-cake of restructuring in Europe, which represents the launch of the Krooll restructuring in Germany.

“Kroll settles on Kirby Healy,” Kroll Conspres Exprore Esolvency Practice Kirby Healy “, created and published in the International Accounting Bulletin, a brand owned by Globaldata.

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