A strategic shareholding in Metis Ireland, a dynamic, fast growing and highly respected financial planning business, is to be acquired by Davy Group (J&E Davy Holdings), Ireland’s leading provider of wealth management, capital markets and financial advisory services.
Established in Limerick in 2014 by a team with extensive industry experience, Metis Ireland has €195 million assets under management with offices in Limerick, Clonmel and Dublin.
It will continue to trade as Metis Ireland and to operate as an independently regulated firm under the Investment Intermediary Act.
“This investment will allow us to enhance both our client proposition and service delivery capabilities.”CEO Carl Widger
Speaking this week, Metis Ireland co-founder and CEO, Carl Widger said: “We’re proud to have built a thriving financial planning business by putting our clients at the centre of everything we do. Securing investment from a firm of Davy’s standing and scale is a significant endorsement of the Metis Ireland team.
“Although we will continue to operate independently, this investment will allow us to enhance both our client proposition and service delivery capabilities.”
The transaction is subject to Central Bank of Ireland approval.