Gridiron Capital-backed AMR RightSource completed the acquisition of Arachnys.

Gridiron Capital-backed AMR RightSource, a financial crime software developer, completed the acquisition of Arachnys Information Services, a software developer. Financial terms were not disclosed. "It’s an exciting time to join AML RightSource and we look forward to adding our technology and expertise to an industry-leading and rapidly growing organization. Together, we can offer a wider and more sophisticated range of scalable, KYC and anti-financial crimes compliance solutions, helping our customers reduce the friction of onboarding, monitoring, and AML investigations," David Buxton, Arachnys Founder and CEO.