Goldman Sachs AM to acquire the business assurance and cyber security division of Lloyd’s Register.

Goldman Sachs AM agreed to acquire the business assurance and cyber security division of Lloyd’s Register, a British professional services provider. Financial terms were not disclosed. “This transaction builds on our 260-year heritage in the maritime industry and will strengthen our ability to take our compliance offering to the next level, expand our risk and advisory services and develop industry-leading digital solutions. It will also provide greater focus to build LR’s role as a leading industry advisor for maritime supply chain safety, resilience, efficiency and performance,” Nick Brown, Lloyd’s Register CEO.