SYS Group, the Nenagh headquartered financial services group, has announced that it has acquired Cork-based Global Life & Finance, which has €100 million in assets under management. The deal will bring overall assets under management by SYS Group to over €500 million. This acquisition is the latest in a series of four recent acquisitions by SYS Group as it continues to position itself as one of the leading Irish financial services businesses.

Global Life & Finance was founded in 2000 by its current Chief Executive, Seamus Fox. The firm provides financial planning, investment management and pension planning services from its headquarters in Cork City. It has a strong portfolio of over 1,000 clients across Cork, Dublin, Kerry, Waterford, Limerick, and Galway. This will bring the total number of customers SYS Group has to 8,500.

Seamus Fox will continue to be heavily involved in regular client activity as he moves into a senior role with SYS Group. The overall number of people employed by SYS Group will grow to 58. 

Tony Delaney, CEO, SYS Group, said: “I am delighted to announce SYS Group’s acquisition of Global Life & Finance. Not only is this acquisition an excellent fit for SYS Group in terms of culture, strategy, and client portfolio, it will enable us to continue to build upon our position as one of the leading advisory firms in the Irish market. I am also very pleased that Seamus will be joining the SYS Group team, as his expertise is unparalleled, and he is very highly regarded within the industry. We all look forward to working with him.”

Seamus Fox, CEO, Global Life & Finance, said: “We are very closely aligned with SYS Group in a number of critical areas, particularly in terms of professionalism, experience and expertise. I believe the acquisition will help to ensure that we can uphold our commitment to delivering top-tier financial services to our clients whilst leveraging SYS Group’s scale, expertise, additional services and wider solutions.”

Established in 2015, SYS Group has grown to become one of the leading full suite Irish financial planning services businesses with 8,500 clients. The multi award winning company incorporates SYS Financial Planning, SYS Employee Benefit Solutions, SYS Public Sector Advisory, SYS Private and SYS Health Advisory Insurance Services.

In March 2024, SYS Group launched SYS Mortgages, a new mortgages division with ambitious plans to become a major force in the mortgage broker sector.