FACT Group and Beacon Finance announce merger

FACT Group and Beacon Finance have announced a strategic merger aimed at strengthening their combined professional services and expanding the depth of expertise available to clients.

The merger brings together Beacon Finance, a fast-growing advisory firm founded in 2017, with FACT Group, a well-established professional services provider with over 30 years of experience in the Maltese market.

The combined firm now employs more than 30 professionals across accounts, audit, tax, payroll, corporate services and residency services.

Beacon Finance has seen rapid growth in recent years, expanding from an eight-person team in 2023 to 20 professionals today. Its leadership team includes three former Deloitte professionals, and the firm has built a strong client base, offering accounting, audit, tax and payroll services.

FACT Group brings complementary strengths, particularly in auditing including in the gaming sector, corporate service provision (CSP) and residency programmes.

Under the merger, FACT’s name will be retained, reflecting the brand equity and recognition it has built over time together with its strong market presence and trusted reputation. As part of this evolution, FACT will introduce a new logo (with Beacon Finance’s logo and brand colours) and a refreshed visual identity that symbolise the unity of both firms and the shared vision for the future.

This updated branding reflects not only where the firm comes from, but also where it is heading – toward greater innovation, enhanced service offerings, and continued growth.

Speaking with BusinessNow.mt on the day of the announcement, the newly formed firm said the strategic rationale behind the merger centres on scale, resilience and capability.

By amalgamating resources, the firm is strengthening its due diligence capacity, broadening its regulated service offering and creating a more robust platform capable of supporting complex client requirements across all sectors.

The merger also coincides with a planned leadership transition at FACT Group, with founder Jesmond Pace, a well-respected industry leader, retiring after three decades in practice.

The firm’s other partner, Matthew Sapiano, will continue as part of the merged organisation alongside the Beacon Finance leadership team (James Spiteri Staines, Michael Spiteri Staines and James Cuschieri), ensuring continuity while positioning the business for its next phase of growth.

Commenting on the merger, the firm said it reflects a long-term strategic decision rather than short-term expansion. “This merger allows us to combine complementary expertise, invest further in people and systems, and build a platform that is better equipped to support clients as regulatory and operational demands continue to increase,” the firm said.

Looking ahead, the merged group plans to continue investing in talent and service development, positioning itself as a trusted mid-tier professional services provider with the scale and depth to support growing businesses in Malta and beyond.