Kroll Expands Restructuring Operations in Ireland by Acquiring Kirby Healy

Kroll, a leading global provider of financial and risk advisory solutions, has recently announced the acquisition of Kirby Healy, a prominent corporate insolvency practice based in Dublin. This strategic move marks a significant expansion of Kroll's restructuring capabilities in Ireland, effectively doubling the size of its local team. By integrating Kirby Healy, Kroll aims to offer a more comprehensive suite of services, which includes not only restructuring support but also expertise in areas such as fraud and white-collar crime investigations, forensic accounting, litigation support, expert testimony, matrimonial disputes, and shareholder dispute resolution.

Strengthening Its Position in the Market

The acquisition is a pivotal part of Kroll's larger growth strategy in Ireland, driven by the increasing demand for advanced restructuring and advisory services. The financial landscape for Irish businesses has been evolving rapidly, with geopolitical tensions and rising operational costs creating a climate of uncertainty. Kroll’s restructuring experts are well-versed in navigating these high-pressure, contentious situations, providing practical, result-oriented strategies that are vital for companies facing financial distress.

With the addition of Kirby Healy's expertise, Kroll’s roster of restructuring experts in Dublin has now expanded to 26 professionals. This growth allows Kroll to deepen its presence and influence within the Irish market and to respond proactively to the dynamic needs of its clients. Beyond restructuring, the broader Kroll team in Ireland — now comprising over 70 employees — is equipped to deliver expert services in valuation, real estate consulting, compliance and regulations, cyber resilience, and various construction services.

Comments from Kroll Leadership

Declan Taite, Managing Director at Kroll, expressed his enthusiasm about the acquisition by stating, "We are delighted to welcome Kirby Healy to the team, whose expertise will be crucial as we continue to expand in Ireland and across Europe. The current geopolitical challenges are generating considerable uncertainty for Irish businesses. We have noticed a growing trend among business owners seeking professional advice earlier in the process, which allows them to address their financial difficulties and maintain transparent engagements with stakeholders."

Myles Kirby, Managing Partner at Kirby Healy, also highlighted the strategic advantages this acquisition brings. He remarked, "Joining Kroll opens new strategic growth opportunities for us. It enhances our capacity to manage complex mandates both locally and across borders. With Kroll's resources, we are better positioned to support our clients, from local Irish businesses aspiring for international growth to multinationals operating within Ireland. Together, we can help our clients navigate complexities and unlock value at every phase of their business journey."

Brent Tomlinson, President of Risk Advisory at Kroll, noted, "Kirby Healy's deep local knowledge significantly complements Kroll's advisory capabilities both in Ireland and globally. This strategic acquisition reinforces our commitment to providing innovative solutions tailored to our clients’ needs and helps position Kroll as the go-to advisory partner during these challenging times in the business environment."

Future Developments

The acquisition of Kirby Healy is part of Kroll's broader expansion plans for its European restructuring practice, which also includes a series of strategic hires aimed at addressing the anticipated rise in restructuring activities in the near future. Earlier this year, Kroll appointed Aurelio Garcia-Miro and Andreas Fluhrer as Co-Heads of Restructuring in Europe, a move that has established Kroll's presence in Germany and represented a considerable investment in enhancing its restructuring, insolvency, and business transformation capabilities across key financial centers.

With nearly a century of reputable experience in navigating financial complexities, Kroll continues to empower its clients with the insights, data, and technology necessary to stay ahead of challenges that arise in an unpredictable market. The firm remains dedicated to redefining how businesses approach their risk management and advisory needs in an era defined by uncertainty and change.

For more information about Kroll and its wide-ranging services, visit kroll.com.