The monastery at Boyle was founded in 1161 as a daughter house of Mellifont. The founding community in fact left Mellifont thirteen years earlier, trying out two other sites before eventually settling beside the river Boyle. The major benefactors were evidently the local kings of Moylurg. Construction began soon after the foundation, and, according to the annals, the church was consecrated in 1218 or 1220.
Following the dissolution, the monastery fell into disrepair; the buildings were used as a barracks in the seventeenth century, by which time the cloister arcades and most of the conventual buildings had been destroyed. At some unknown period (seventeenth or eighteenth century?) four massive buttresses were erected on the site of the N aisle, a strategy designed to prevent the collapse of the N elevation of the nave. During the early 1980s limited excavation took place in the area of the N walk of the cloister, revealing a substantial drain.