Quayle Munro Limited is pleased to announce that it has advised the shareholders of Complinet Group, a leading provider of global regulation and compliance information solutions to the financial community, on the sale of Complinet to Thomson Reuters. Quayle Munro managed all aspects of the sale process.
Complinet is a leading player in the provision of compliance workflow solutions to the global financial services industry. Based in London, Complinet employs over 200 employees and brings a leading market position, powerhouse brand, strong management team, and assets across the entire global regulatory compliance workflow to Thomson Reuters.
Chris Pilling, Founder and CEO of Complinet said: “Complinet has experienced significant growth over the last 10 years and the deal with Thomson Reuters is the important next step in Complinet’s natural evolution. On the banking side of the deal he said “We have worked with Quayle Munro for a number of years and they have proved themselves to be leaders in the information, data and analytics space. They have consistently provided high level, independent and invaluable advice.”
The transaction is expected to close in the second quarter. Financial details of the investment were not disclosed.