Genstar Capital Acquires Majority Stake in Foreside Financial Group
July 7, 2021
Genstar Capital signed a definitive agreement to acquire a majority stake in Foreside Financial Group from Lovell Minnick Partners. The transaction gives Genstar control of Foreside, a Portland, Maine–based provider of distribution and governance, risk and compliance (GRC) solutions to asset and wealth managers, to support growth and broaden Foreside's products and services.
- Buyers
- Genstar Capital
- Targets
- Foreside Financial Group
- Sellers
- Lovell Minnick Partners
- Industry
- Financial Services
- Location
- Maine, United States
- Transaction Type
- Buyout
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