ACA Compliance Group’s Acquisition of Cordium

Ropes & Gray has advised Ares Management on the deal

ACA Compliance Group will acquire Cordium, a leading provider of governance, risk and compliance (GRC) services. The transaction is expected to close this summer, subject to regulatory approvals. The financial terms of the transaction will not be disclosed.

The complementary strengths of both firms will ensure that clients will have access to the highest caliber regulatory consultancy services and technology – and will serve as the springboard for further product innovation and global expansion. The acquisition also will expand ACA’s services in Europe to include Cordium’s regulatory hosting platform, Mirabella, and a post-Brexit EU office.

Following the closing, Cordium’s compliance, cybersecurity, software, regulatory hosting, tax and regulatory reporting offerings will be integrated into ACA’s operations to create a combined organization employing nearly 700 people and servicing over 4,000 clients worldwide.

ACA Compliance Group (“ACA”) is a leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity.

Ropes & Gray has advised Ares Management with a team including private equity partner Kiran Sharma (Picture), tax partner Brenda Coleman, private equity associates Laura Kayani, Phil Fogarty, Shona Ha and tax associate Andrew Douglas, all based in London.

Involved fees earner: Kiran Sharma – Ropes & Gray; Laura Kayani – Ropes & Gray; Phil Fogarty – Ropes & Gray; Shona Ha – Ropes & Gray; Brenda Coleman – Ropes & Gray; Andrew Douglas – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Ares Management Ltd;