Ifac, the agriculture and food-focused nationwide accountancy firm, is acquiring its Dublin-based insolvency and restructuring specialist counterpart Friel Stafford, leaders of the two businesses told The Currency this Friday. They said the two businesses would dovetail in terms of the services and geographical footprint they provide, with Ifac moving into the business recovery market for the first time. “We’ve never been in this business before,” its chief executive John Donoghue said. “We’ve grown over the past few years, but this was one of the things we did not have in our toolkit.” Ifac was founded in 1975 as a farmer…
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