Matheson has agreed to purchase Investec’s Irish investment funds and debt securities listing business.
The acquisition is expected to complete shortly, following approval from the Irish Stock Exchange.
Investec’s listing unit assists applicants seeking to list investment fund shares or structured debt securities on the Irish Stock Exchange. The origins of Investec’s listing unit can be traced back to the 1980s when, as part of NCB Stockbrokers, it arranged the first listing of investment fund shares on the Irish Stock Exchange.
Liam Quirke, managing partner at Matheson says: “International companies and financial institutions doing business in and through Ireland are the primary focus of our firm. This acquisition will enhance our offering to such clients by enabling us to provide the full range of Irish Stock Exchange listing agent services.”
Margot McDonagh will join Matheson from Investec as Matheson’s new head of listing.
McDonagh says: “I am delighted to be joining Matheson. The firm’s focus on international companies and financial institutions and its resources as Ireland's largest law firm will enable us to continue to deliver high standards of service to our existing clients and to develop relationships with some of the leading global financial institutions.”
Existing clients of the acquired business will not experience delays or incur expense as a result of the transition.
