Founded in 2003, Compliancy Services is a market leader in its sector. Compliancy Services addresses an attractive growing market driven by regulatory change and provides business-critical services to a broad spread of regulated financial services clients. They help clients become authorised by the Financial Conduct Authority (‘FCA’) and the Prudential Regulation Authority (‘PRA’) and manage their ongoing compliance and regulatory obligations.
The transaction facilitates the retirement of founder Iain Stephen, with majority shareholder and current Chairman Ben Mason retaining a significant minority shareholding in the business and staying as a Non-Executive Director.
In partnering with industry veteran Philip Naughton as CEO, the buyout presents an opportunity to continue to support its clients who face an ever-increasing regulatory burden via regulatory updates, consultations and thematic reviews and providing a cost-effective outsourced and partner solution for clients’ compliance function.