MSP Financial Services Mergers & Acquisitions: ACA Group acquires Focus 1

ACA Groupan MSP that provides governance, risk and compliance (GRC) solutions to financial services clients, acquired Focus 1 Partners. ACA wins regulatory compliance firm that supports clients in wealth management, private equity, hedge funds and diversified financial services. Financial terms of the deal were not disclosed.

This is technology M&A deal number 802 that ChannelE2E has covered so far in 2022. Discover over 2,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

ACA Group and Focus 1: M&A Expand Financial Services Compliance Capabilities

Focus 1, founded in 2005, is based in Medford, Oregon. The company has 13 employees listed on LinkedIn. Key areas of expertise include SEC compliance advisory; annual compliance reviews; third-party compliance reviews; and more. Focus 1 serves more than 100 customers in the US and UK, the vendor said.

ACA Group, founded in 2002, is based in New York, New York. The company, backed by a mid-sized private equity firm Genstar Capital, had over 1,250 staff serving over 6,300 clients as of May 2022. ACA’s service catalog covers Brexit advisory; compliance-focused advice and managed services; cybersecurity, risk management and privacy capabilities; regulatory accommodation and more.

This is ACA Group’s second M&A transaction in recent months. In a much bigger deal, ACA and Foreside Financial Group merged in May 2022 to become one of the largest technology GRC solution providers in the world.

ACA Group acquires Focus 1: Executive Perspectives

In a prepared statement on the latest deal, Tobin S. Cochran, Managing Member and President of Focus 1 Associates, said:

“In an increasingly compliance-driven world, it is important for our clients to have access to specialized expertise in all areas of compliance. We are delighted to join ACA as we have a long-standing relationship and have great respect for their culture of high quality consulting and technology services as a market leader in the field. We are confident that ACA will help us better meet the growing needs of our customers and we are excited to provide them with a truly unique CRM offering.

Shvetank Shah, CEO of ACA Group added:

“Following our merger with Foreside, we are focused on acquiring large companies like Focus 1 as we become the platform of choice for customers. The Focus 1 team and clients will benefit from our industry-leading managed services and Compliance Alpha technology solutions.