(L – R) Ted Webb, Chief Executive, IBI; Shay Keane, Chief Executive, BXI; Tom Godfrey, Chairman & Chief Executive, IBI
(L – R) Ted Webb, Chief Executive, IBI; Shay Keane, Chief Executive, BXI; Tom Godfrey, Chairman & Chief Executive, IBI

IBI Corporate Finance takes 50% stake in specialist M&A advisor focused on transactions in the independent brokerage sector.

IBI Corporate Finance has acquired a 50% stake in a specialist Dublin-based M&A advisor. BXI (Broker Exchange Ireland) is focused on facilitating and advising on transactions amongst independent brokers working in the Insurance and Wealth Management sectors. This is the first transaction which IBI has made since it completed an MBO from Bank of Ireland in 2017.

BXI was founded by Shay Keane in 2019. Shay had previously sold Le Chéile Group (a credit union advisory firm) to various investment and insurance firms (2014) and PSL Consulting (a pensions consulting firm) to IFG plc (2008). He has a long career in the financial services sector working with companies including Mercer, Bank of Ireland Asset Management, and Irish Life.

Corporate Finance

We are Ireland’s leading corporate finance firm, experts at taking control of financial deals and making them happen. Focused on advising clients in mergers and acquisitions, both domestic and international. We have a consistent number one ranking in corporate finance surveys of the Irish market in terms of deals completed. Providing the highest level of independent financial insights, delivered with honesty and integrity.

Services

Our core business is the provision of independent and innovative corporate finance advice to Irish and overseas publicly-quoted companies, semi-state organisations and private companies of scale.

Learn More

About

IBI Corporate Finance is Ireland’s longest-established corporate finance adviser. Over the past five decades, IBI has maintained its market leadership through its firm focus on successful deal execution.

Learn More