December 9, 2021
The firm advised Foreside, a portfolio company of Genstar Capital, in its acquisition of Alaric Compliance Services, a provider of regulatory compliance solutions.
On December 7, Foreside Financial Group LLC, a provider of governance, risk management and compliance solutions to clients in the global asset management industry, announced its acquisition of Alaric Compliance Services, a national leader in regulatory and compliance services.
Willkie previously advised Genstar Capital in its majority investment in Foreside, and in Foreside’s pending combination with ACA Group, a governance, risk and compliance advisor in financial services.
Foreside is a provider of distribution and compliance services to clients across the asset management industry, including investment advisors, registered broker-dealers, and traditional and alternative asset managers. Foreside services products including open- and closed-end funds, exchange-traded products, commodity pools and private placements.
Genstar Capital is a leading private equity firm based in San Francisco. Genstar currently has approximately $33 billion of assets under management and targets investments focused on segments of the financial services, healthcare, industrials and software industries.
The Willkie team was led by partners Jeffrey Poss and Manuel Miranda and included associates Thomas Sharkey and Madison Wiles-Haffner, Elizabeth Lebens and Robert Quinn.