FFL Partners completed the investment in Abacus Group.

FFL Partners, a private equity firm, completed the investment in Abacus Group, a financial services-focused IT managed services provider specialising in hedge fund, private equity, venture capital and family office clients. Financial terms were not disclosed. "The increasing focus on cybersecurity, transition to the cloud, need for enhanced data and analytics, and consistent difficulty of attracting and retaining IT talent only increases the importance of a world-class MSP like Abacus. This is even more relevant in highly regulated industries like financial services, where the specialization and deep industry knowledge Abacus brings should continue to help the company expand its private equity, venture capital, family office and wealth management client base," Cas Schneller, FFL Managing Partner.