Montagu Private Equity, a European mid-market private equity firm, completed the investment in Waystone, a provider of institutional governance, risk and compliance services to the asset management industry, for €1.3bn. "As a private equity partner, we recognize the huge growth opportunity in the financial services sector and specifically a third-party management company with Waystone’s global reach and competitive strength. Our investment and partnership will enable Waystone to further accelerate the development of its leading products and services. We look forward to working with Waystone and its strong management team, as it accelerates its institutional global growth to meet the future needs of its clients," Tobias Weltin, Montagu Director.