Duff & Phelps has announced the acquisition of the restructuring and insolvency division of Irish-based RSM Farrell Grant Sparks (RSM FGS).
The acquisition will expand Duff & Phelps’ global restructuring advisory practice to include more than 200 professionals based in Europe, the US and Canada.
RSM FGS restructuring and insolvency partners Declan Taite, Pearse Farrell and Anne O’Dwyer, will lead Duff & Phelps’ restructuring practice in Ireland while supporting client access to Duff & Phelps’ broader services platform.
Paul Clark, co-head of Duff & Phelps’ UK restructuring practice, said: “The addition of 56 restructuring and insolvency professionals from RSM FGS formalises Duff & Phelps’ presence in the Republic of Ireland and builds on our ability to deliver local expertise and geographic reach to our clients throughout Ireland and internationally.
“The RSM FGS team brings significant restructuring and property asset management experience, including oversight of some of the most complex cases in Ireland. We are pleased to have them as part of our global restructuring advisory practice.”
Taite, restructuring and insolvency Partner at RSM FGS, commented: “We are confident that Duff & Phelps’ broader resources and diversified capabilities will benefit many of our existing clients and, likewise, we believe that our technical expertise, strong local reputation and deep knowledge of the restructuring landscape will help Duff & Phelps grow throughout Ireland and internationally.”