M&A

Tipperary based SYS Group acquires retirement planning firm

Acquisition will bring overall assets under management by SYS Group to over €315 million

Tony Delaney, CEO of SYS Group and Don McKenna, Founder of Donald P McKenna and Associates. Photo - Peter Houlihan

SYS Group, the Nenagh-headquartered financial services company, has acquired Dublin-based Donald P McKenna & Associates for an undisclosed sum.

The acquisition will bring overall assets under management by SYS Group to over €315 million, according to a statement from the company.

Dublin-based Donald P McKenna & Associates specialises in financial and retirement planning and has approximately €15 million of funds under management, which is now combined with SYS Group.

The company was founded in 1986 ...