Irish-founded and led Centralis Group (“Centralis”), a leading global alternative asset and corporate services provider, today announces it is more than doubling its staff headcount in the next five years, growing from 30 today to more than 70, as it opens its new office in Dublin 2.
Adding to more than 500 staff globally, the new office signifies an investment of around €15 million and builds on the recent announcement that Centralis is targeting tripled revenues and profits by 2030.
Centralis recently relocated to its new office, which was officially opened today by Minister of State with responsibility for Financial Services, Credit Unions, and Insurance, Robert Troy TD, who commended the Group in supporting growth in Ireland and the team’s ambitious targets.
Speaking at the opening, Minister Troy said: “Centralis has shown strong growth in a highly competitive market, and it is encouraging to see Irish founded and led businesses continuing to expand. Creating high-quality employment is critical to maintaining Ireland’s competitiveness, and Centralis’ investment of around €15 million into the Irish economy will further support future employment and growth. This is yet another vote of confidence in Ireland’s financial services industry, which continues to be a destination of choice for growth and expansion. I congratulate the Centralis team on their new headquarters and wish them continued success.”
The new roles at the Dublin office will be available across all levels of Centralis’ organisation, including, Debt Capital Markets, Fund Services, Treasury and Corporate services.
Commenting, Founder and CEO of Centralis, Aidan Foley, said: “Moving to our new Dublin office marks a pivotal moment for the entire Centralis team. Since founding in 2011, we have grown our workforce to more than 500 people across 13 countries, we look forward to more than doubling our workforce in Ireland as we push into new markets and expand our business. Our investment of around €15 million will see roles available at all levels of our organization. As we target tripled revenues and profits by 2030, and we expect to break the €85 million revenue threshold in 2025, we will need a high-quality workforce to achieve these milestones. Moving forward, we will continue to cement Centralis Group as an industry leader in providing customer-centric financial services.”
CEO of IDA Ireland, Michael Lohan said: “I am delighted that Centralis is committing to invest €15 million in Ireland, along with their plans to double their employee headcount here. This decision to expand in Ireland, underscores our reputation as a hub for innovation and talent and I would like to wish Centralis every success.”
Building on recent successes, the new office’s strategic location in the heart of Dublin positions Centralis alongside Ireland’s leading businesses.
Centralis recently secured an investment that valued the Group at more than €500 million (US$550M) from the California-based private equity firm HGGC. The investment from HGGC marks the largest of its kind in the Irish market to date for an Irish-founded and led financial services company operating in the fund, corporate, and trust services sector.
Adding to more than 500 staff globally, the new office signifies an investment of around €15 million and builds on the recent announcement that Centralis is targeting tripled revenues and profits by 2030.
Centralis recently relocated to its new office, which was officially opened today by Minister of State with responsibility for Financial Services, Credit Unions, and Insurance, Robert Troy TD, who commended the Group in supporting growth in Ireland and the team’s ambitious targets.
Speaking at the opening, Minister Troy said: “Centralis has shown strong growth in a highly competitive market, and it is encouraging to see Irish founded and led businesses continuing to expand. Creating high-quality employment is critical to maintaining Ireland’s competitiveness, and Centralis’ investment of around €15 million into the Irish economy will further support future employment and growth. This is yet another vote of confidence in Ireland’s financial services industry, which continues to be a destination of choice for growth and expansion. I congratulate the Centralis team on their new headquarters and wish them continued success.”
The new roles at the Dublin office will be available across all levels of Centralis’ organisation, including, Debt Capital Markets, Fund Services, Treasury and Corporate services.
Commenting, Founder and CEO of Centralis, Aidan Foley, said: “Moving to our new Dublin office marks a pivotal moment for the entire Centralis team. Since founding in 2011, we have grown our workforce to more than 500 people across 13 countries, we look forward to more than doubling our workforce in Ireland as we push into new markets and expand our business. Our investment of around €15 million will see roles available at all levels of our organization. As we target tripled revenues and profits by 2030, and we expect to break the €85 million revenue threshold in 2025, we will need a high-quality workforce to achieve these milestones. Moving forward, we will continue to cement Centralis Group as an industry leader in providing customer-centric financial services.”
CEO of IDA Ireland, Michael Lohan said: “I am delighted that Centralis is committing to invest €15 million in Ireland, along with their plans to double their employee headcount here. This decision to expand in Ireland, underscores our reputation as a hub for innovation and talent and I would like to wish Centralis every success.”
Building on recent successes, the new office’s strategic location in the heart of Dublin positions Centralis alongside Ireland’s leading businesses.
Centralis recently secured an investment that valued the Group at more than €500 million (US$550M) from the California-based private equity firm HGGC. The investment from HGGC marks the largest of its kind in the Irish market to date for an Irish-founded and led financial services company operating in the fund, corporate, and trust services sector.