Schellman & Company Expands TPRM Services with Connor Carve Out

Schellman & Company, LLC, a prominent player in attestation and compliance services, has announced a strategic acquisition, acquiring the Third-Party Risk Management (TPRM) practice from Connor Consulting. This acquisition is a significant step in Schellman’s growth through strategic acquisitions, as they aim to bolster their governance, risk, and compliance services. As cybersecurity threats rise, especially within supply chains, robust third-party risk management (TPRM) has become imperative for organizations globally. Schellman’s acquisition enables it to enhance its offerings in TPRM, augmenting their already broad array of services such as SOC, ISO, SSPA, and FedRAMP assessments. Implicit in this acquisition is Schellman’s commitment to quality and comprehensive compliance solutions that meet the evolving needs of modern enterprises. As Connor Consulting transitions its TPRM practice to Schellman, both organizations are committed to providing a seamless experience for clients and employees, ensuring continuous support and fortified third-party oversight. This move also allows Connor Consulting to focus on its core strengths, particularly in Royalty, IP, and Software Licensing and Advisory Services.