An agreement has been reached to take over a Limerick-based finance company

GALLIVAN Financial, the Killarney-based financial planning and wealth management company, has announced that it has reached an agreement to acquire Limerick-based financial advisory firm FJ Hanly and Associates for an undisclosed sum.

This acquisition will increase Gallivan Financial’s total assets under management to over €400 million.

Gallivan plans to grow the business to €1 billion under management over the next 18 months through a combination of further acquisitions and organic growth.

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The company has an increasing presence in the Munster region and plans to make further acquisitions both within and beyond its current geographic footprint.

FJ Hanly and Associates is a respected company dedicated to helping its clients get more out of their money.

Led by director Fergus Hanly, it has been providing personalized and professional financial advice to companies, directors, families and individuals for over 20 years.

It has over 700 clients and manages assets worth approximately EUR 100 million.