Vistra, a provider of trust, fiduciary and fund administration services, has snapped up Dublin-based Squires Gilbride Chartered Accountants & Advisors for an undisclosed sum.

Squires Gilbride was established in 2016 following the merger of Squires & Co and Gilbride.  The company offers accounting, tax, company secretarial, payroll, auditing as well as advisory services.

All 25 employees of the acquired business, led by partners Peter Squires, Neil Squires and Oisin Gilbride, will be retained as part of the deal.

Vistra group managing director of international expansion Vincent Bremmer said: “The experienced management team has built a stellar reputation for Squires Gilbride in the Irish market, growing the business significantly. Through Vistra Alliance, Vistra has developed a strong ten-year relationship with the team and we have seen first-hand that Ireland has become a key jurisdiction for inward investment.

“In 2015, Ireland was the third largest recipient of foreign investment and this continues to grow; solidifying our presence in Ireland through this acquisition will not only see Vistra’s global footprint expand but will also extend our International Expansion division offerings.”

Vistra has been rapidly expanding its presence through several acquisitions in the recent times, the most recent being the acquisition of Deutsche Bank’s Global Transaction Banking unit.