The acquisition strengthens SGG’s service offering to institutional clients through the provision of a complete suite of compliance and regulatory services. The transaction, which is subject to regulatory approval, is expected to be completed by August 2018.

Lawson Conner’s sophisticated and flexible technology platform uses RegTech solutions to deliver end-to-end compliance and regulatory solutions to institutional clients, 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. This market-leading solution will strengthen SGG’s AIFM capabilities in the European institutional investors’ market.

Serge Krancenblum, SGG Group's CEO, said,

“At SGG, we are dedicated to providing a full suite of solutions to help our clients respond to today’s regulatory challenges so that they can focus on their core competencies, and it was important for us to find the best regulatory and compliance solutions available on the market. The acquisition of Lawson Conner represents a natural extension of our current offering to institutitional clients by providing outsourced compliance and regulatory services based on the latest technology platforms. We are thrilled to be able to offer our clients a new set of services that will allow them to reduce their costs while reducing regulatory risk. ”

Gerhard Grueter and Jurgen Gebhard, co-founders and Managing Directors of Lawson Conner, commented:

“Becoming part of SGG Group will allow our firm to accelerate its market reach and allow us to provide enhanced solutions to our clients. SGG has an impressive growth strategy and we feel privileged to be part of their team. We look forward to accompanying SGG’s institutional clients throughout their growth journey.’’