Announced
Completed
Financials
Sources
Tags
Acquisition
Single Bidder
Insurance Brokers
Majority
Friendly
United Kingdom
Private Equity
insurance
Domestic
Private
Completed
Synopsis
Gryphon Investors-backed RegEd, the provider of compliance, education, training and regulatory management solutions and services, completed the acquisition of ComplianceMAX and FIRE Continuing Education businesses from National Regulatory Services, a provider of compliance and registration products and services. Financial terms were not disclosed. “This acquisition combines the strengths of these two businesses in a unique, strategic fit with RegEd and further enables RegEd in its mission to provide market-leading compliance, education and training solutions to the industry. ComplianceMAX and FIRE Continuing Education have served financial services firms, including some of the nation’s largest broker-dealers, for more than 20 years, and we are confident that their customers and the market will benefit from the combination with RegEd," John M. Schobel, RegEd CEO.
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