GRC stands for governance, risk and compliance—three terms that have only increased in meaning for companies of all sizes, but particularly in regulated markets such as financial services. As a result, the GRC software and services solutions market has only grown. In turn, so has M&A and growth activity for the companies providing these solutions.
On April 5, risk management and technology solutions provider ACA Compliance Group made such a move, announcing it was acquiring London-based GRC services provider Cordium. The acquisition, ACA said in a release, will expand the company’s services in Europe and provide a post-Brexit EU office.
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