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Kerv boosts financial services capabilities through acquisition

MSP Kerv has bought the Communications Compliance Practice (CCP) business of TDS Global Holdings in a deal that boosts its capabilities in FCA-regulated compliance services.

The move is set to take the total Kerv business to over £60m turnover and more than 500 staff. 

“With the compliance world relatively slow to migrate to the cloud compared to other sectors, this is a transformation that is now happening at pace,” said Kerv Executive Chair, Alastair Mills. 

Kerv plans to retain all staff in the CCP business, while CEO Brad Gorton and head of strategy Paul Wilson join Kerv in senior roles.

Managing Director of the new Kerv Communications Compliance Practice, Gorton, added: “Bringing the rest of the Kerv group’s portfolio to our customers and providing our compliance expertise to the Kerv client base will help us accelerate our growth.”