With the completion of this acquisition, ACA now offers the largest team of GIPS verifiers in the world.
(New York, NY) - ACA Compliance Group (“ACA”) has completed the acquisition of Ashland Partners & Company, LLP’s GIPS verification and performance practice as part of their expansion of ACA Performance Services. The transaction closed on June 28, 2017. The financial terms of the transaction were not disclosed.
ACA welcomed over 40 employees from Ashland Partners through this transaction and now provides GIPS verification and performance services to over 1,000 recurring clients, including 51 percent of the verified firms listed in the top 100 managers of institutional assets worldwide as ranked by Pensions & Investments magazine.
“We’re excited about the future growth of our practice, the depth of expertise we have in-house, and the enhanced service we can provide to our clients,” said Justin Guthrie, CFA, Partner, ACA Performance Services.
About ACA Compliance Group
ACA Compliance Group (“ACA”) is a leading global provider of regulatory compliance products and solutions, cybersecurity and technology risk assessments, AML risk strategies, performance services, and technology solutions to the financial services industry. Founded in 2002 by former SEC examiners and a state regulator, ACA develops and provides its products through a worldwide team of former SEC, FINRA, FCA, FSA, NYSE, NFA, and state regulators, as well as former senior in-house compliance professionals and technologists from prominent financial institutions. ACA serves a diverse base of leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and banks. ACA’s products include standard and customized compliance packages, cybersecurity and technology risk assessments, GIPS verifications and other performance services, and a wide variety of technology solutions for financial services firms.
For more information, please visit http://www.acacompliancegroup.com.
Managing Director of Marketing
ACA Compliance Group
Phone: (857) 214-1740