SGG Group, an independent leading investor services firm, backed by Astorg Partners, is pleased to announce that regulatory approval has been received and that the transaction to acquire Lawson Conner has successfully completed.

The acquisition strengthens SGG’s service offering to fund managers through the provision of a complete suite of compliance and regulatory services.

Lawson Conner provides outsourced compliance solutions that provide real cost benefits to fund managers as compared to establishing and maintaining a complete in-house infrastructure. The firm uses the latest technology including RegTech solutions to deliver end-to-end compliance and regulatory solutions to fund managers, from establishing and maintaining a robust compliance framework, providing ongoing regulatory reporting at the individual, firm and fund level, and enabling the conduct of regulatory activities through its Financial Conduct Authority regulated AIFM platform, amongst others.

Justin Partington, Group Fund Solutions Leader at SGG, said:

“I am delighted that Lawson Conner is joining forces with SGG. We have as a Group the objective of growing our offering in line with our clients’ demands and, given the increasing regulatory pressures affecting fund managers, this service represents real added value for our clients.”

‘”I have got to know the Lawson Conner team over the past months and they share our proactive approach and place a lot of emphasis on technology to find innovative solutions for clients. I firmly believe that this acquisition will allow our new combined business to provide the most comprehensive solutions on the market to alternative fund managers,’ added Mr Partington.

Gerhard Grueter, co-founder and Managing Director of Lawson Conner and Group Compliance Solutions Leader, commented:

“We are thrilled to be part of the SGG Group. This is a hugely exciting opportunity as it will allow our employees to enjoy the advantages of being part of a leading global group and we will now be able to offer a comprehensive range of services to our clients across 22 jurisdictions. We look forward to building our combined future together with our colleagues from SGG Group.’’