M&A Deal Summary

ACA Group Acquires Cordium

On April 5, 2018, ACA Group acquired business services company Cordium

Acquisition Highlights
  • This is ACA Group’s 1st transaction in the Business Services sector.
  • This is ACA Group’s 2nd transaction in the United States.
  • This is ACA Group’s 2nd transaction in New York.

M&A Deal Summary

Date 2018-04-05
Target Cordium
Sector Business Services
Buyer(s) ACA Group
Deal Type Add-on Acquisition

Target

Cordium

New York, New York, United States
HedgeOp Compliance LLC is a provider of governance, risk and compliance services to the asset management and securities industry. Cordium has offices in London, New York, Boston, San Francisco, Malta and Hong Kong.

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Buyer(S) 1

Buyer

ACA Group

New York, New York, United States

Category Company
Founded 2002
Sector Business Services
DESCRIPTION

ACA Group is a provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity. ACA serves a diverse base of leading investment advisers, private fund managers, commodity trading advisors, investment companies, broker-dealers, and banks. ACA Group was founded in 2002 and is based in New York City.


DEAL STATS #
Overall 2 of 9
Sector (Business Services) 1 of 5
Type (Add-on Acquisition) 2 of 7
State (New York) 2 of 2
Country (United States) 2 of 8
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Northpoint Technology

New York, United States

Northpoint Technology's product suite includes mission-critical financial software and services to investment management firms. The company offers an investment management suite that includes an order management system (OMS), portfolio management, data warehouse, security master, and price master. It also offers a full suite of professional services and has provided solutions to over 150 investment managers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 Northpoint Technology

New York, United States

Northpoint Technology's product suite includes mission-critical financial software and services to investment management firms. The company offers an investment management suite that includes an order management system (OMS), portfolio management, data warehouse, security master, and price master. It also offers a full suite of professional services and has provided solutions to over 150 investment managers.

Sell -