Financial and risk advisory Kroll agrees deal to acquire chartered accountants Kirby Healy

Kirby Healy specialises in corporate insolvency, fraud investigations, white-collar crime, forensic accounting, expert witness, and shareholder disputes

Declan Taite and Sharon Barrett, Kroll with John Healy and Myles Kirby. Kroll announced the acquisition of Dublin corporate insolvency specialist Kirby Healy on Tuesday.

Global financial and risk advisory Kroll has acquired Dublin-based corporate insolvency specialist Kirby Healy. 

Myles Kirby who hails from Cork and John Healy from Co Mayo established Kirby Healy Chartered Accountants in August 2016. The firm specialises in corporate insolvency, fraud investigations, white-collar crime, forensic accounting, and shareholder disputes. Mr Kirby specialises in involvencies, often involving cross-border enforcement, while Mr Healy specialises in forensic accounting and expert witness work with a focus on matrimonial, partnership and shareholder disputes.

“Joining Kroll unlocks new strategic growth opportunities for us and enhances our ability to deliver complex mandates locally and cross-border. It gives us the scale and global reach to better support our clients - from Irish businesses with international ambitions to multinationals with operations in Ireland," said Mr Kirby.

The company's clients include Revenue, government departments, financial institutions, accountancy and law firms, and private companies.

The acquisition is part of Kroll’s broader growth strategy in Ireland as it expands its  restructuring capabilities in Ireland, doubling the size of its local team and enhancing its offering. The acquisition of Kirby Healy brings the number of restructuring experts in Dublin to 26. 

The wider Irish team at Kroll of more than 70 employees also provide services in valuation, real estate advisory, compliance and regulation, cyber and data resilience and construction services.

"Geopolitical tensions are no doubt causing huge uncertainty for Irish businesses, in addition to a wide range of increasing business costs. At Kroll, we're noticing greater proactiveness and much earlier engagement from business owners in seeking professional advice to help address financial distress, as well as ensure timely and transparent engagement with their stakeholders," said Kroll managing director Declan Taite. "The Kirby Healy team, with their deep industry knowledge and strong track record, will allow us to offer clients a broader set of services and deeper bench strength.”