SGG Group, the provider of compliance, administration and advisory services, as acquired Lawson Conner, a UK provider of regulatory infrastructure software and managed compliance services, which is intended to boost SGG’s offering to institutional clients.
Subject to regulatory approval, the deal should complete by August 2018.
Lawson Conner offers a technology platform for firms seeking compliance and regulatory solutions at the institutional level. It provides facilities such as ongoing regulatory reporting at the individual, company and fund levels, as well as conduct of regulatory activities through an AIFM platform. SGG sees this boosting its offering in to the AIFM community also.
Serge Krancenblum, SGG Group’s CEO, said the deal “represents a natural extension of our current offering to institutional clients by providing outsourced compliance and regulatory services based on the latest technology platforms.”