ACA Group, a governance, risk and compliance advisor in financial services and backed by Genstar Capital, has acquired Ethos ESG, a provider of environmental, social and governance (ESG) ratings data and software for financial advisors, asset managers, institutions and investors.

Ethos provides a service that allows for the evaluation of approximately 350,000 impact ratings including companies, stocks and funds through 45 ESG causes such as climate change, racial justice and mental health. The service aims to help GRC professionals to understand the ESG characteristics of their investments. The acquisition is ACA’s first analytics offering.

“This is an exciting step in helping to grow our presence in the ESG space and is ACA Group’s first foray into analytics as a service,” says Shvetank Shah, CEO of ACA Group. “We are invigorated to be building out and launching our data capabilities, starting with Ethos ESG. Combining data with our scalable solutions will continue to empower our clients to reimagine GRC and protect and grow their business.”