Announced

Completed

Lovell Minnick Partners completed the investment in STP Investment Services.

Synopsis

Lovell Minnick Partners, a private equity firm focused on investments in financial services, financial technology and related business services, completed the investment in STP Investment Services, an end-to-end, technology-enabled investment operations service provider. Financial terms were not disclosed. "LMP’s reputation as a growth-oriented investor in financial services precedes them. As we were looking for a strategic partner, it was important to us to find a partner that understood our business and our target market while also enabling us to continue to add value to our clients across different technology and service solutions, with a track record of investing in well-known industry success stories. LMP’s emphasis on client experience and high-touch services at their core was very impressive to us," Patrick Murray, STP CEO.

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