Ropes & Gray has advised Ares Management on the sale of its portfolio company Cordium - a leading provider of governance, risk and compliance services - to ACA Compliance Group, a US-headquartered leading provider of risk management and technology solutions that focus on regulatory compliance, performance, financial crime, and cybersecurity. The transaction is expected to close in the summer, subject to regulatory approvals. The financial terms of the transaction have not been disclosed.
The Ropes & Gray team included tax partner Brenda Coleman, private equity associates Laura Kayani and Shona Ha, all based in London.
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