Kirkland Represents ACA Group on Combination with Foreside
Kirkland & Ellis advised ACA Group, the leading governance, risk, and compliance advisor in financial services, on its combination with Foreside Financial Group, LLC, a provider of distribution and compliance services to clients across the asset management industry. Genstar Capital, a leading private equity firm, invested in Foreside earlier this year. Genstar will be the majority owner of the combined business as a result of acquiring a controlling interest in ACA from Starr Investment Holdings, LLC upon completion of the transaction. The transaction is subject to customary closing conditions and is expected to close in the first half of 2022.
The Kirkland team was led by corporate partner Leo Greenberg and associates Matthew Benedetto and Patrick O'Connor, and tax partner Vincent Thorn.