Foreside Financial Group LLC, a provider of governance, risk management, and compliance solutions and technology offerings to clients in the global asset and wealth management industry, has acquired Hardin Compliance Consulting LLC. Based in Wexford, Pa., Hardin Compliance is a compliance consulting firm.
“We’re thrilled to bring on a firm of Hardin’s caliber that shares Foreside’s passion for building cultures of effective compliance with our clients,” said David Whitaker, president of Foreside. “Not only does it support our overall growth strategy and improve our market position, but it also allows us the ability to scale responsibly to maintain our unparalleled standards in client service.”
“Foreside is a good fit culturally, and we feel confident that our clients and employees will be treated well,” said Matthew S. Hardin, president and CEO of Hardin Compliance. “This combination of Hardin and Foreside brings together two best-in-class providers of compliance services to financial organizations.”
As Foreside continues its steady momentum of growth, this marks the company’s eighth acquisition since 2019. Foreside, which is majority-owned by PE firm Lovell Minnick Partners, previously acquired: Golden Bear Consulting Group, a boutique regulatory compliance consulting firm focused on alternative asset managers, in June 2021; JG Advisory Services, a comprehensive regulatory solutions provider for hedge and private equity funds, in March 2021; Capital Markets Compliance, a leading compliance, consulting, and FINOP practice, in January 2021; ICSGroup, a regulatory compliance services firm serving the asset management industry, in November 2020; Quasar Distributors, U.S. Bancorp’s mutual fund and exchange-traded funds (ETFs) distribution business, in March 2020; Compliance Advisory Services, a leading regional compliance firm, in October 2019; and NCS Regulatory Compliance, a comprehensive provider of outsourced compliance and regulatory services, in January 2019.