Investor services group acquires Davy Global FM as Irish bank buys J&E Davy

Mark Battersby
clock • 3 min read

Investor services group IQ-EQ is to acquire Davy Global Fund Management (DGFM), part of Davy Group, one of Ireland's largest domestic financial services businesses servicing a domestic and international client base from its offices in Dublin, London and Luxembourg. The strategic combination of private equity firm Astorg-backed IQ-EQ and DGFM, announced today (22 July), will create what they describe as "an established full service funds business in Ireland with a proven track record and prominent market position". The transaction, which is subject to regulatory approval, is expected t...

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