NFP, an Aon firm and insurance coverage brokerage, introduced its acquisition of Orca Monetary Group, a specialist monetary brokerage based mostly in Leopardstown, County Dublin.
Monetary particulars of the deal weren’t disclosed.
The Orca group will be a part of NFP’s worker advantages and wealth administration companies in Eire, and John Molloy, presently managing director of Orca, will retain the identical title with NFP.
Orca Monetary Group was based in 2004 to boost the service supply mannequin throughout the pension market. Up to now twenty years, they’ve seen appreciable development, organically and thru acquisitions and now present specialist monetary help to over 2,000 purchasers throughout Eire from their places of work in Leopardstown and Portlaoise.
“We’re delighted so as to add the Orca group’s talent and expertise to our already robust worker advantages and wealth administration companies,” mentioned Colm Energy, managing director, NFP in Eire. “John and his group will enable us to supply a extra various portfolio of specialist options to our purchasers, and their information will drive innovation and future development for NFP in Eire.”
“There’s been a rising demand from Irish employers to entry a full vary of pension and wealth options from one brokerage agency,” mentioned Molloy. “We’re enthusiastic about working with Colm and the rising NFP group in Eire to satisfy this demand. Becoming a member of NFP will imply added worth for our present and future prospects via the higher vary of options and providers out there to us as a part of NFP.”
Subjects
Mergers & Acquisitions
Agencies
Was this text useful?
Listed below are extra articles it’s possible you’ll get pleasure from.
Inquisitive about Businesses?
Get automated alerts for this subject.
