Vox Financial Partners (“Vox”), a global consulting firm that supports financial institutions in the planning, resourcing, and delivery of complex regulatory change, announced it has acquired 100% of the equity of Delv Global (“Delv”), a business and technology change consultancy that specializes in data and financial project delivery. Terms of the deal were not disclosed. Together, the companies will offer end-to-end risk, data and regulatory change management services for financial institutions across the globe.
Founded in 2008, Delv designs and delivers innovative data solutions, business analysis, program management, and quality assurance. The Delv team is composed of top industry performers who specialize in solving challenges in data, technology, regulations, and innovation across finance, risk, product control, operations, treasury, and front office. Vox’s acquisition of Delv adds a cutting-edge data practice to the company’s industry-leading risk and regulatory change management consulting services. Delv’s Poland-based “nearshore” project teams neatly complement Vox’s rapidly growing Belfast-based Service Delivery Centre to create a deeper pool of highly skilled specialists to support a wider range of projects and business processes for financial institutions.
Vox CEO, Terry Robinson, said: “Dave Lindsay and his team have built a strong reputation by delivering excellent value to their clients for many years. Combining their expertise with our capabilities allows us to broaden our executive team and add enormous value to our combined client base. Together we will become a bigger force in the industry.”
Delv CEO, Dave Lindsay, said: “Joining forces with Vox gives us a solid platform to grow our offering more quickly, with the ability to tap into a wider potential client base. It will allow us to take on bigger projects, with more sales capacity, greater support from a combined operational team, and enhanced opportunities for current and future employees.”
Equiteq was the exclusive financial advisor in this transaction. Regarding Equiteq’s role, Delv CEO Dave Lindsay said: “We’d consulted with Equiteq and had a good idea about what we would want in a buyer, and what kind of structure would make sense. We couldn’t have been more pleased with their ability to see the alignment with Vox in terms of strategy, culture, and management-team fit, and are thrilled that they helped us get this over the line.”
About Equiteq’s involvement, Vox CEO Terry Robinson said: “Equiteq took the time to understand our requirements from both a business and culture perspective. This allowed them to propose a fit with Delv Global, knowing that the firm would prove a great complement to Vox – not just in terms of their business focus but also in their approach to client work and people development.”
Sam Levy, Equiteq Managing Director, New York, USA said: “It was great to leverage our knowledge of the sector, combine Vox and Delv to form an even stronger platform serving Financial Services firms. We are proud of bringing these two exceptional teams together in a very strategic transaction and look forward to assisting the leading company even further in its growth journey.”
### For more information on Vox, visit www.voxfp.com For more information on Delv, visit www.delvglobal.com