Equiom expands in the UAE with the acquisition of HOLT consultancy
Thursday 20 December 2018
Equiom is pleased to announce the acquisition of HOLT consultancy, an award winning professional compliance and risk management service provider based in the Dubai International Financial Centre (DIFC).
HOLT consultancy is Equiom’s second acquisition in the UAE, following the partnership formed with the Links Group in September 2016, and further widens Equiom’s offering and reach in the region. Established in 2012 Holt Consultancy represents Equiom’s first venture into the professional compliance and risk management services sector. Led by Chief Executive Officer Ben Holt, the team at HOLT consultancy consists of experts in compliance and risk management who help both regulated and non-regulated firms set up and operate in or from the DIFC. They also perform the mandatory Compliance Officer and MLRO functions for such firms on an outsourcing basis.
Equiom’s Global CEO Sheila Dean commented:
‘With the ever increasing importance of compliance within businesses today, the acquisition of this niche firm is a much welcomed addition to Equiom. With the capabilities and expertise that the team at HOLT consultancy brings in risk management and compliance services, we will be able to provide a more complete offering to businesses in the region and ultimately serve our clients better.’
Ben Holt, CEO of HOLT consultancy added:
‘We have always been focused on developing our client’s business capability through premier quality and expert execution by focussing on their needs and providing business solutions. By joining Equiom we will enjoy new opportunities for the growth of our business, as well as the ability to tap into a global network of expertise in a variety of new service areas which will ultimately benefit our clients. We are really excited to be joining the Equiom family and look forward to strengthening our position in the UAE and continuing our expansion across the region in the future.’
HOLT consultancy will operate as HOLT consultancy, an Equiom company before being fully integrated as Equiom in late 2019. An additional 11 staff members will join the Equiom Group.
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