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IQ-EQ, an Astorg portfolio company, today announced that they had reached agreement to acquire ComplianceAsia and Lymon PTE Ltd ("Lymon"), two transactions that make IQ-EQ the market leading independent Regulatory Compliance business globally. These transactions complement the Group's established regulatory compliance operations in the U.K. and in the U.S. and is a welcome addition to our growing Fund and Asset Managers segment.
ComplianceAsia, the longest established compliance consulting firm in Asia Pacific and one of the largest firms operating in the region was founded in 2003 by Philippa Allen. Lymon was founded in Singapore in 2013 by managing director, Yishan Lee, to address a gap in the market in the provision of regulatory compliance services for financial...
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