Irish-founded financial services firm Centralis is to more than double its workforce in Dublin to over 70.
The company, which provides a wide range of financial and business support services, currently employs 30 people in the capital.
The jobs announcement has been made as part of a €15m investment, coinciding with the official opening today of its new office in Dublin city centre.
Centralis, which was set up in 2011 by a number of former AIB employees, has a global workforce of more than 500 people across 13 countries.
The new roles at the Dublin 2 office will be available across all levels of the operation, including debt capital markets, fund services, treasury and corporate services.
Centralis recently secured an investment that valued the Group at more than €500m from the California-based private equity firm HGGC.
The company provides services to private markets clients, international fund structures, real estate firms, regulated entities and multi-national corporates.
Centralis Founder and Chief Executive Aidan Foley said the relocation the 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.
“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,” Mr Foley said.
The new Dublin office is being opened today by Minister of State with Responsibility for Financial Services, Credit Unions, and Insurance Robert Troy.
Mr Troy said Centralis has shown “strong growth in a highly competitive market, and it is encouraging to see an 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,” he said.
Mr Troy said it represents “yet another vote of confidence in Ireland’s financial services industry, which continues to be a destination of choice for growth and expansion”.
Chief Executive of IDA Ireland Michael Lohan said he is delighted that Centralis is committing to invest €15m in Ireland, along with their plans to double their employee headcount here.
He said the decision to expand in Ireland, “underscores our reputation as a hub for innovation and talent and I would like to wish Centralis every success.”
