Leading specialist consulting firm FSCom Limited (fscom) has today announced a partnership with world-leading alternative asset fund management group Bridgepoint following a significant investment to support the long-term growth of the company.
Headquartered in Belfast with offices in London and Dublin, fscom is one of the UK and Ireland’s premier governance, risk, and compliance consulting firms. The investment will enable fscom to double in size over the next three years by expanding into new markets and services and growing the team.
Bridgepoint has over €37 billion of Assets Under Management in the middle and lower mid-cap markets across six sectors, including financial services and business services.
The investment points to fscom’s proven track record of growth alongside its award-winning reputation backed by the talent and expertise of local professionals, Northern Ireland’s unique geographical location, and healthy financial and professional services ecosystem.
Following a process managed by corporate finance advisors NovitasFTCL, the deal will facilitate the expansion of fscom’s consulting services within today’s high growth financial services market to cover cyber security, managed services, regulatory technology platforms and environmental, social and governance solutions for financial services institutions.
As a team of deep domain compliance experts, fscom provides governance, risk and compliance support across financial services regulation, including audit, authorisation, financial crime, cyber security, investment management and regulatory due diligence.
The team of ex-bankers, ex-regulators, and former in-house compliance experts work with major players in the payments, retail banking, investment management and trading and broking sectors, including Moneycorp, CorPay and Banking Circle.
Terms of the deal will remain confidential. As strategic partners, and as the governance, risk and compliance market continues to develop in size and complexity, the investment will enable fscom to further cement its position as the leading consulting firm within the sector.
The partnership will build on the company’s award-winning reputation with clients, adding to its current range of accolades including Best Consultancy for Regulatory Compliance at the Compliance Register Platinum Awards (2022 and 2019), and Boutique Consultancy Firm of the Year (2021 and 2020) at the Global Advisory Experts Annual Awards.
fscom Managing Director Jamie Cooke commented:
“This investment is firstly a testament to our outstanding team who, following a decade of hard work, have built the company into a leading player in payments and investments compliance, financial crime, and cyber security. We are thrilled to partner with Bridgepoint to take forward our ambitious plans for future growth. With their support it will allow us to widen our areas of expertise into new services, grow our client base and broaden career opportunities for our team. The investment will ensure that we can continue to provide practical solutions to our clients in an ever-changing regulatory sector.”
fscom Chairperson Alex Lee added:
“This investment by one of Europe’s most respected Private Equity firms is a strong validation of fscom’s position as a leading expert adviser to financial services institutions in the UK and Ireland. Over the last decade, the business has developed a unique and scalable platform that shows enormous potential for further growth, particularly given our access to the pool of talented professionals in Northern Ireland. Bridgepoint’s investment and strategic advice will be invaluable going forward as we look to accelerate our ambitious growth plans for the firm in the future.”
Mayank Kanga, Bridgepoint said:
“We are excited to partner with fscom to support its expansion and transformation into new markets. This partnership will consolidate the firm’s position as the UK and Ireland’s leading specialist governance, risk and compliance solutions consultancy in financial services. It will help to build a stronger, broader-based business with enhanced potential for further growth.”
For further information and to set up interviews please contact:
Jenna Gardiner
Brown O’Connor Communications
E: jenna@brownoconnor.com
M: 07789860233
Notes To Editors
About fscom (FSCom Limited)
fscom is one of the leading specialist consulting firms providing governance, risk, and compliance solutions to financial services institutions in the UK and Ireland. fscom works with payments and e-money, crypto, retail banking, asset management and trading and broking sectors. Established in 2011 and headquartered in Belfast with offices in London and Dublin, fscom has experience in assisting firms to adhere to the regulatory requirements in the UK, Ireland, and European jurisdictions.
About Bridgepoint Group
Bridgepoint Group plc is the world’s leading quoted private assets growth investor focused on the middle-market with over €37 billion AUM and a local presence in the US, Europe and China. The company specialises in private equity and private credit and invests internationally in six principal sectors – business services, consumer, financial services, healthcare, advanced industrials and technology.