International Compliance Group, LLC

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International Compliance Group, LLC - overview

Established

1999

Location

San Diego, CA, US

Primary Industry

Business Support Services

About

International Compliance Group (ICG) is a US-based company that offers social compliance audits and capacity-building services to ensure adherence to labor laws, health and safety regulations, and ethical standards across various sectors. Founded in 1999, International Compliance Group specializes in social compliance audits aimed at facilitating ethical sourcing and supply chain management. The company is headquartered in San Diego, California, US. ICG has a global presence, with significant operational capabilities in North America and Central America, including countries such as El Salvador, Guatemala, Nicaragua, Honduras, and Mexico.


In February 2026, LRQA Group Limited, a portfolio company of Goldman Sachs Asset Management, acquired International Compliance Group. International Compliance Group (ICG) specializes in providing comprehensive social compliance audits and capacity-building services across various sectors, including labor-intensive manufacturing, distribution, agriculture, and food production. Their core offerings include assessing compliance with local and international labor laws, health and safety regulations, and ethical standards. ICG conducts audits that enable manufacturers, brands, retailers, and stakeholders to ensure adherence to codes of conduct such as SEDEX/SMETA, SLCP, and WRAP.


The company's global client base benefits from a network of auditors strategically located around the world, enhancing its capability to address unique compliance challenges faced by clients in diverse markets. ICG operates on a transactional model centered around third-party social compliance audits and consulting services, primarily engaging with businesses in B2B relationships. Revenue is generated through individual audit engagements that vary based on service complexity and location. Clients typically seek audits to align their operations with recognized standards and codes of conduct, ensuring compliance and ethical sourcing practices.


The company emphasizes a quick turnaround for audit requests, aiming to complete assessments within 4-5 weeks, which is critical for businesses facing tight compliance deadlines. Following the acquisition by LRQA Group Limited in March 2026, International Compliance Group plans to leverage this partnership to enhance its business development efforts. The integration aims to facilitate access to new market opportunities and expand their service offerings. Specific new products and geographic regions targeted for expansion have not been disclosed, but the acquisition will strategically support ICG's initiatives to grow within the compliance auditing sector.


Current Investors

LRQA Group Limited

Primary Industry

Business Support Services

Sub Industries

Consulting Services

Website

www.ic-group.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

International Compliance Group, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedInternational Compliance Group, LLC-

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