07 Feb, 2024

Ifac strengthens its presence in Munster with O’Sullivan Malone Accountants acquisition

We have solidified our market presence with the strategic acquisition of O’Sullivan Malone Accountants in Carrick on Suir, Co. Tipperary.

The acquisition, completed for an undisclosed sum, marks another significant step in our ambitious growth strategy. O’Sullivan Malone Accountants is renowned for delivering specialised advice and services in accountancy, taxation, business, and wealth management.

John Donoghue, CEO of ifac, expressed his enthusiasm for the expansion, stating, “We are delighted to welcome O’Sullivan Malone Accountants led by Martin O’Sullivan and John Malone to the ifac Group. With our growing national network, Ifac is now one of Ireland's largest accounting and tax advisory firms. The integration of our highly experienced teams will strengthen our expertise and local proposition, aligning seamlessly with our goal of delivering excellence to clients across the country.”

John Malone of O’Sullivan Malone Accountants commented on the acquisition, saying, "ifac is a leader within the accounting industry, and we are delighted to join a group that is progressive in delivering expertise across a broad suite of services. At OSM, we have established an experienced and valued team over the years, developing strong relationships with our clients; being part of ifac shall mean our clients can access additional resources and expertise whilst still dealing with our team; it’s a great move for us and for Ifac. We are looking forward to working with John Donoghue and all the team at Ifac."

Martin O’Sullivan of O’Sullivan Malone Accountants says, “I’ve been in this business for a long time, and the development of ifac over many years makes it a natural home for OSM. We are proud of our work in building OSM and we are delighted to join the Ifac Group and looking forward to the opportunities it brings.”

This move builds upon our recent strategic initiatives, including the 2023 addition of Friel Stafford's Corporate Recovery Expertise and Caroline Gordon Accountants in Mayo.

This latest acquisition exemplifies our commitment to continuous growth, enhancing its capabilities to meet the evolving needs of farmers, businesses, and communities across Ireland.