The Gunne family has sold its interest in Gunne Residential and Gunne Financial Services to a consortium headed by the existing management team for an undisclosed sum.
The new team is made up of Declan Cassidy, Rosemarie Gunne (both currently working in the company), Marian McQuillan, Anne Walsh and Peter Fahy.
Declan Cassidy will continue as managing director of Gunne Residential and Gunne Financial Services while Rosemarie Gunne, will remain on the board as sales director.
They are joined by Marian McQuillan (former director of Purcell McQuillan Tax Partners) who has taken up the role of chief executive, Anne Walsh (previously of Tynagh Energy and Viridian Power and Energy) who has been appointed Marketing and communications director and Peter Fahy (previously BDO Simpson Xavier) who has been appointed finance director.
Tony McArdle, a non-executive director since 2003 has been appointed chairman.
The new team is planning major expansion and investment in the business over the next 18 months. A number of new offices will be opened in Dublin city adding to the 17 existing Gunne locations throughout Dublin, Leinster and the north west of Ireland.
"We intend to substantially grow and develop both the Gunne Residential and Gunne Financial Services businesses," Ms McQuillan, has said.
"With renewed strategic direction and capital investment combined with valuable experience of the existing professional team, the businesses will increase their market share substantially over the next 5 years. We have exciting plans to grow personnel and office numbers and inject substantial capital investment in a new marketing drive."