Gryphon Investors-bakced Ncontracts completed the acquisition of Quantivate.

Gryphon Investors-bakced Ncontracts, a provider of integrated risk management software and services for the financial services industry, completed the acquisition of Quantivate, a growing provider of governance, risk, and compliance (GRC) solutions for banks and credit unions. Financial terms were not disclosed. “We are thrilled to join forces with Quantivate. We are both mutually committed to helping financial institutions reduce risk, improve compliance, and control costs, so combining our resources empowers us to be an even better provider of software and services for our customers and the financial industry,” Michael Berman, Ncontracts Founder and CEO.