Dillon Eustace is delighted to have provided Corporate, Tax and Regulatory advice to the shareholders of Merrion Capital Holdings Ltd on its sale to Cantor Fitzgerald. The deal was announced earlier this week with Merrion issuing a statement.
The acquisition, which is subject to Central Bank of Ireland approval, will see Merrion's Stockbroker, Investment Management and Corporate Finance businesses transfer to Cantor, creating the second largest brokerage firm in the country employing c. 220 people.
The Dillon Eustace team led by Corporate partner Adrian Benson also included Sean Murray on Tax and Breeda Cunningham on Regulatory matters.
The deal is the latest in a series of significant corporate transactions across industries including healthcare, sport, travel and financial regulatory on which the Corporate department has advised in recent months.