Halo Group Acquires Specialist Financial Services Compliance provider, Compliance for Business

Halo Group Holdings (Halo Group) is delighted to announce that it has acquired specialist financial services compliance provider, Compliance for Business.

Compliance for Business manages all financial services compliance needs for large and small businesses across Australia. The business provides a simple, cost-effective solution, providing clients with peace of mind that compliance matters are aligned with appropriate regulations.

Compliance for Business specialises in setting up compliance and risk systems with a particular emphasis on funds management and product issuers including compliance policies and procedures, and corporate governance manuals. The services provided by Compliance for Business operate via a combination of the provision of outsourced compliance services, as well as the use of its proprietary web-based client portal software, Compliance Genie. Compliance for Business will join Halo Group from 1 January 2022.

Nick Humphrey, Chairman of Halo Group said: “This is an important milestone to continue our Group’s growth trajectory and we are excited to welcome the Compliance for Business team to Halo Group. The business model and client base of Compliance for Business strategically enhances Halo Group’s focus on evolving the professional legal and essential business services landscape.”

Fiona Dixon, Principal of Compliance for Business said: “I am extremely pleased to join Halo Group having established and operated Compliance for Business for over 15 years. Halo Group’s focus on prioritising positive client and people experience was a key factor in my decision to join the Group. I look forward to continuing to provide valuable compliance services to existing and new clients of Compliance for Business.”

Halo Group has continued to grow its existing businesses with total staff numbers across Halo Group now 152, including Compliance for Business. Halo Group was recently recognised by the Australian Financial Review as the 5th fastest growing company in Australia generating $25 million or more of revenue in FY21.