Interpath Ireland racks up multimillion-euro loss as it plans to grow to 120 staff

Insolvency, restructuring and corporate advisory firm now employs around 80 staff in its Dublin office

The results for Interpath Ireland mirror some of the heavy losses reported by its parent company in Britain.

Interpath Ireland, the restructuring and corporate advisory firm, racked up a multimillion-euro loss in its first year in business despite a sharp increase in the number of business failures.

Recently filed accounts show the firm made a net loss of more than €3.3 million in the 12 months to the end of March 2023.

Interpath Ireland, which was founded in early 2022 when four of Ireland’s top liquidators came together to form a specialist insolvency ...