Latest acquisition bolsters ACA’s roster of top compliance talent and diversified services
ACA Group, the leading provider of governance, risk, and compliance (GRC) solutions to clients in the financial services industry, today announced it has acquired Focus 1 Associates, a primary provider of regulatory compliance serving wealth management, private equity, hedge fund, and diversified financial services firms.
Focus 1 specializes in RIA compliance consulting services and brings a roster of compliance professionals with decades of real-world experience with industry service providers.
“In an increasingly compliance-driven world, having access to specialized expertise across all areas of compliance is important to our clients,” said Tobin S. Cochran, managing member and president at Focus 1 Associates. “We’re thrilled to join with ACA, as we have a longtime relationship and have much respect for their culture of high-quality advisory services and technology as the market leader in the space. We’re confident that ACA will help us best serve the growing needs of our clients and are excited to provide them a truly unique offering in GRC.”
“Following our merger with Foreside, we’re focused on acquiring great companies like Focus 1 as we become the platform of choice for clients,” said Shvetank Shah, CEO of ACA Group. “Focus 1’s team and clients will benefit from our industry-leading managed services and Compliance Alpha technology solutions.”
Financial details were not disclosed.
About ACA
ACA Group (“ACA”) is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower clients to reimagine GRC and protect and grow their business. Our innovative approach integrates advisory, managed services, and distribution solutions with our ComplianceAlpha® regulatory technology platform with the specialized expertise of former regulators and practitioners and a deep understanding of the global regulatory landscape.
About Focus 1 Associates
Established in 2005 to assist SEC-registered investment advisers with their specific compliance needs under Rule 206(4)-7 of the Investment Advisers Act, Focus 1 quickly earned a national reputation as a premier provider of high-quality core compliance services, including annual compliance reviews, mock SEC examinations, compliance training, and other ala carte compliance testing and review services. Focus 1 serves over 100 clients in the United States and the United Kingdom.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005252/en/
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