ProjectiveGroup closes third Dutch deal in a year with Charco & Dique

European financial services consultancy ProjectiveGroup has closed its third Dutch deal in the space of twelve months – now adding risk and compliance specialist Charco & Dique to its fold.

With the ambition to grow into a leading “one-stop-shop financial services provider in Europe”, ProjectiveGroup has over the past years regularly turned to inorganic growth to beef up its capabilities in greenfield or in-demand segments.

In 2020, the group added IT and digital capabilities with Exellys (in home market Belgium), a year later Mastermind (Netherlands) and DTSquared (United Kingdom) added expertise in management consulting and data science, while the 2022 bolt-on of Enigma Consulting (Netherlands) boosted its offerings in the payments space.

Freshly acquired Charco & Dique brings a wealth of expertise in financial law, risk management and compliance to the group. Founded in 2010, the Amsterdam-based firm has a team of around 50 consultants and staff.

“Charco & Dique’s in-depth knowledge in the field of legal, risk and compliance strengthens our market position and enables us to serve our clients even better. They also developed the Ministry of Compliance training offer and the Ruler application, which is very interesting for our current (international) clients,” said Stefan Dierckx, Founder and CEO of ProjectiveGroup.

In addition, “both companies have a very similar culture, values and mindset,” added Dierckx.

Meanwhile, for Charco & Dique, the joining of forces with the 700-strong group will enable the company’s team members to “work on ever broader, more complex projects at more international clients”, said Alex Poel and Ronald van Dijk, co-founders of the firm.

“ProjectiveGroup complements our services in areas such as data analysis and project management, has an international network, and provides us with additional financial muscle to expand and internationalise our Ruler and The Ministry of Compliance initiatives.”

Backed by investor Gimv, ProjectiveGroup currently has offices in six European capitals: Brussels, Amsterdam, London, Frankfurt, Paris and Zurich.