Evercore to advise Friends First on a sale of its Irish arm

Friends First is owned by Dutch company Achmea

Friends First appointed Tom Browne as chief executive

The owner of Friends First, which oversees €4.5 billion in assets, has appointed investment bankers Evercore to advise it on the potential sale of the Irish business.

Friends First, a provider of pensions, investment and income protection insurance products, is owned by Dutch company Achmea. Evercore is familiar with the Irish market, having advised the National Asset Management Agency in the past, and the travel software company Datalex, as well as working on ...