Gallivan Financial has agreed to acquire Wicklow adviser Meagher Investments for an undisclosed sum, the Irish Examiner reported, a deal that matters broadly because the Examiner says it would take Gallivan’s assets under management to about 2 billion euros, and matters specifically to accountancy professionals because the pension and investment advisers their clients rely on are consolidating around a family-owned Irish group.

Gallivan Financial is, according to the Irish Examiner, a Killarney financial planning and wealth management firm founded in 1989 by Tadgh and Annamaria Gallivan and majority-owned by the family.

Meagher Investments is, as the Irish Examiner reported, a firm established in 1998 that advises clients in Wicklow and the Midlands and manages about 66.5 million euros, with founder Billy Meagher joining Gallivan.

Fergal Smith, managing director of Gallivan, said in the announcement that the seventh acquisition since 2023 fits the group’s aim of continuing to expand through acquisitions, and the Irish Examiner reported that further deals are expected in coming months. Billy Meagher said in the announcement that he looks forward to continuing to support his clients with the group’s added resources.

The pace is visible in earlier reports. RTE reported that Gallivan’s assets would pass 650 million euros after its August 2025 Dublin and Kerry deals, and the Irish Examiner reported that the Doyle deal took it above 1.3 billion euros and made it the largest fully Irish-owned wealth and pensions adviser. On those figures, assets have roughly tripled in about 15 months, by my calculation.

Meagher’s 66.5 million euros is about 3 per cent of the roughly 2 billion euros the group would manage, on my arithmetic, so recent deals look like steady additions of small practices rather than single large purchases.

Ownership separates Gallivan from several rivals. RTE reported that the family sold its insurance brokerage GMIB to US-based AssuredPartners in 2022 and keeps majority control of Gallivan Financial, unlike investor-backed consolidators.

For the sector, a family-controlled group reaching 2 billion euros shows consolidation of Irish advice firms is not confined to institutional investors.