Shaw Gibbs has advised the sale of The First Financial Consultancy (TFFC), a highly regarded FCA compliance adviser to IFA’s and other operators in the UK financial services industry, to Royce Compliance Consultancy (RCC), a bespoke provider of advisory services to financial firms.

Shaw Gibbs supported the process from inception through to completion including structuring the transaction and providing continued advisory services.

The transaction represents the coming together of two experienced compliance advisory firms and represents a major stepping stone in the continued growth of Royce Compliance Consultancy.

Tony Davies of TFFC said “We have worked alongside Adam Royce in various capacities for many years and have always been impressed with the quality and effectiveness of his client care and work. I am pleased that the two businesses will now be able to work together going forwards to continue to offer the highest standard of service to our clients”.