AML RightSource (Gridiron-Backed) Acquires QuantaVerse

Gridiron Capital Acquires AML RightSource from Clarion Capital

September 22, 2020

Professional Services

Gridiron Capital has acquired AML RightSource from Clarion Capital Partners, partnering with AMLRS founders and management to drive the company's next phase of growth. AML RightSource, headquartered in Cleveland, Ohio, is a leading outsourced provider of AML, KYC and BSA compliance solutions with over 1,000 employees serving banks and non-bank financial institutions across North America.

AML RightSource Acquires Arachnys Information Services

March 4, 2021

Data & Analytics

AML RightSource, a Gridiron Capital‑backed provider of AML/KYC compliance services, has acquired Arachnys Information Services Limited, a UK‑based RegTech platform that provides enriched KYC/AML data and APIs. The acquisition adds Arachnys' machine‑learning powered data and onboarding/monitoring technology to AML RightSource's delivery capabilities and expands the combined firm's global footprint and product offering.

AML RightSource Acquires Blue Umbrella Limited

July 8, 2021

Cloud & SaaS

AML RightSource, a Gridiron Capital-backed compliance services provider, has acquired Blue Umbrella Limited to expand its corporate compliance technology and third-party due diligence capabilities. Blue Umbrella's technology platform and ~200-person team will be integrated into AML RightSource's suite to broaden offerings for corporate and financial services clients globally; Blue Umbrella CEO Allan Matheson will remain in a leadership role as Vice Chairman.

AML RightSource Acquires Passcon GmbH

March 29, 2021

Financial Services

AML RightSource, backed by Gridiron Capital, has acquired Passcon GmbH, a Hamburg-based anti-financial crime (AFC) services and technology provider. The deal expands AML RightSource's international delivery footprint and tech-enabled compliance capabilities, adding Passcon's ~300 employees and multiple EMEA/APAC/North America offices to its global platform.

Quadrante Acquires Right Analytics to Launch US Operations

January 19, 2026

Engineering Services

Portuguese engineering consultancy Quadrante has acquired Los Angeles-based Right Analytics as its first U.S. acquisition to establish Quadrante US and expand its capabilities in electrical transmission, data centers and power systems. Right Analytics brings active contracts with Tier-1 clients including Google and several major utilities; Quadrante expects the deal to accelerate its U.S. growth and follow-on acquisitions.

Qualus Corporation Acquires GridBright

October 9, 2023

Energy

Qualus Corporation, a portfolio company of New Mountain Capital, has acquired GridBright, a Silicon Valley–area technology solutions firm specializing in grid integration software, systems integration, and advisory services. The deal (terms not disclosed) expands Qualus’ capabilities in grid modernization, resiliency, security, and renewable interconnection services; AEC Advisors advised Qualus and Capstone Partners advised GridBright.