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Announced

Completed

Ankura Consulting completed the acquisition of Chartwell Compliance from MVB Bank.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

United States

Acquisition

Domestic

Financial Data and Systems

Friendly

Single Bidder

Majority

Private

regulatory compliance

Synopsis

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Ankura Consulting, a global expert services and advisory firm, completed the acquisition of Chartwell Compliance, a financial regulatory compliance consulting company, from MVB Bank, a full service bank. Financial terms were not disclosed. “My colleagues and I are incredibly excited to welcome Jonathan, Sherry and the entire Chartwell team to Ankura. They have built a strong business and we are confident that they will be empowered to reach even greater heights as part of Ankura. Chartwell and Ankura share a collaborative ethos that is focused on providing the highest quality advisory services to clients, and we look forward to working with our new colleagues as we continue to help clients navigate regulatory complexity,” Kevin Lavin, Ankura CEO.

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