CIP Capital, the New York based fund, has announced the formation of Compliance Solutions Strategies (“CSS”), a leading provider of technology-enabled regulatory and compliance solutions to the financial services industry. The CSS platform was created through CIP Capital’s investments in three leading businesses in the governance, risk management and compliance (“GRC”) market: US based firms Advise Technologies, and Ascendant Compliance Management and Irish based The MoneyMate Group .
This is NovitasFTCL’s 4th recent deal resulting in a European business transacting with a US counterpart. http://www.novitasftcl.com/transactions/moneymate/