Insurance

Insurance broker LHK Group agrees deal to acquire Dublin-based Finance One

The deal is just the latest sign of the ongoing consolidation in the Irish insurance brokerage and wealth management sectors

Colm Kelleher, the owner and managing director of LHK Group, said the acquisition was the fourth announced by his firm over the last decade.

LHK Group, the Leinster-based insurance brokerage and financial planning firm, has acquired rival Finance One, the Dublin-based wealth management firm, for an undisclosed sum.

The deal, which is just the latest sign of the ongoing consolidation in the Irish insurance brokerage and wealth management sectors, will see Finance One folded into the growing LHK Group to create a firm of more than 80 staff with over 20,000 clients.

Colm Kelleher, the owner and managing director ...