BHSM LLP advises Friel Stafford on sale to ifac

A BHSM team lead by Joe McVeigh and Richard Lee advised Friel Stafford on their recent sale to ifac (Irish Farm Accounts Co-operative Society Limited).

Friel Stafford is a Dublin-based Advisory business set up in 1994 by Jim Stafford. The business specialises in five distinct areas: Corporate Recovery & Insolvency; Personal Insolvency and Bankruptcy; Forensic Accountants & Expert Witness; Corporate Finance; Audit and Tax. The business is owned by Jim Stafford and Tom Murray.

Jim Stafford and Tom Murray of Friel Stafford express their excitement about joining the ifac Group,

“We believe that the integration of our teams will create a very powerful offering. The impressive growth and development of ifac, a top ten firm, caught our attention; we wanted a home for our business that would be aligned with our mission and values, ifac is the ideal fit for us, and we look forward to working with John Donoghue and his team in the years ahead.”

ifac is a farmer owned Co-Op. ifac specialises in tax advisory, accountancy, pension planning, succession planning, corporate finance, consulting, and a myriad of other financial services.

This strategic move will further enhance ifac’s comprehensive range of services and extend its reach across the country. ifac CEO John Donoghue warmly welcomes the Friel Stafford team to ifac, acknowledging the remarkable success of the Firm under the leadership of Jim Stafford and Tom Murray. John Donoghue comments,

“We are delighted to have Friel Stafford join the ifac Group. Their expertise in corporate recovery will greatly complement our existing capabilities, enabling us to offer an even more compelling proposition in the Irish market. ifac is all about impact and bringing excellence to our clients as they meet the many challenges of being entrepreneurs. Jim, Tom, and their team join us at a time of growth, transformation and change across our Firm. Together we will achieve great things, and our clients will reap the benefits of our collective expertise, integrity, and energy.”

Source: ifac.ie