With offices in London and Dubai, CCL is an established and experienced provider of regulatory compliance services. The business was founded in 1998 by Ralph Lindeyer and has since developed a comprehensive range of compliance services which it provides to a blue-chip client base across the globe.
Headquartered in Dublin, Waystone is the worldwide leader in governance, risk and compliance, representing leading investment funds and managers globally. Partnering with institutional investors, investment funds and asset managers, the group builds, supports and protects investment structures and strategies worldwide. Waystone supports asset managers with more than $1tn in assets.
CCL is Waystone’s ninth acquisition and now forms part of a newly formed Compliance Services division. Whilst Waystone has traditionally offered compliance services to funds, this is the first time it has offered services to fund managers at a corporate level, vastly expanding its addressable market.
Transactions Details
Sector:
Business Services
Client:
CCL compliance
Transaction Type:
Sale
Counter Party:
Waystone, backed by MML
Transaction Value:
Not disclosed
Quercus Contacts:
Andrew Clegg, Mark Winkler