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US Compliance House Completes Acquisition Deal
Tom Burroughes
5 September 2018
US-headquartered ACA Compliance Group has completed its purchase of compliance, risk and governance products firm Cordium after winning a green light from regulators. ACA's footprint of offices covers London, Hong Kong, Malta, and US cities. It is headquartered in New York.
Financial terms of the transaction weren’t disclosed.
ACA will incorporate Cordium’s compliance, cybersecurity, and technology products and services into its existing offerings. The deal will allow ACA to expand its products and services to include tax services, financial and regulatory reporting, Mirabella , and a post-Brexit EU office in Malta, ACA said in a statement yesterday.
The firms’ teams will bring together their technology offerings. ACA plans to integrate Cordium’s Compliance ELF product, a code of ethics and employee compliance management solution, into ACA’s ComplianceAlpha®.