A. G. with Effecta Compliance on sale to ACA Group

Addleshaw Goddard (A.G.) from its Dubai office has advised regulatory consultancy business Effecta Compliance (both in the UAE and the UK), on the sale of its shares to ACA Group.

ACA Group

ACA Group is a governance, risk, and compliance advisor in financial services headquartered in New York.

The acquisition marks a strategic move to solidify the company’s foothold in the Middle East. The deal is reflective of an increased focus on the UAE as a potential market for financial services firms looking to expand their international footprint

Effecta Compliance

Effecta Compliance is a consultancy firm specializing in regulatory guidance to financial firms.

Addleshaw Goddard’s team

The Dubai-based team from Addleshaw Goddard was led by Lowri Llwyd (pictured above), partner, and Rachael Norris, Managing Associate, supported by Charlene de Souza, Lorna Dean, Rania Sallam, Heather Gibson, and Saarla Reddy from the Corporate and Tax teams.

Lowri Llwyd, partner – head of corporate UAE at A.G., commented on the operation:

“We are pleased to have supported the founders of Effecta Compliance on this sale, leveraging Addleshaw Goddard’s specialist local and international market expertise to help make this transitional phase as smooth as possible for our client.”

Clare Curtis, chief executive officer at Effecta compliance (on the left), said:

“We are grateful to the Addleshaw Goddard team for their support throughout this process – they were responsive, pragmatic and very familiar with the nuances of the jurisdictions in which we operate. […]”