Laven Group is pleased to announce sale of its consulting business - Laven Compliance Limited to IQ-EQ, an Astorg portfolio company.
Posted on 8 Dec 2022
IQ-EQ is a leading investor services group that provides a comprehensive range of compliance, administration, asset and advisory services to fund managers, multinational companies, family offices and private clients operating worldwide.
From now on Laven Compliance consulting business will operate under the IQ-EQ brand to deliver more comprehensive and geographically far-reaching services to its clients.
The sale will allow Laven management to focus its attention on the businesses of Leo RegTech and of Laven Hosting, the regulatory hosting umbrella based in the UK. Both businesses remain under the leadership of CEO and founder, Jerome de Lavenere Lussan.
Commenting on the announcement Jerome said:
“The Laven Compliance business has grown significantly over the past few years, alongside its sister companies Laven Hosting and Leo RegTech. With the fast pace of change in the regulatory industry, combining our compliance business with the IQ-EQ’s Regulatory and Compliance Solutions team benefits clients and staff. As a result of this acquisition the business will have access to a larger international pool of trusted experts, and growth across frontiers and client types.”
John Legrand, IQ-EQ Regional CEO, UK, Ireland and the Crown Dependencies further commented:
“IQ-EQ is on an exciting growth journey and I’m really looking forward to taking our UK regulatory compliance business to even greater heights thanks to this transaction. This deal is the perfect combination for our business. It’s packed full of upside; for the incoming team, our existing team of regulatory compliance experts and for our UK and U.S. based clients who can now avail of an expanded range of products and services delivered by an industry recognised team of experts. We’re really looking forward to working with Philip, George and the rest of the incoming team and making this a hugely successful business. Exciting times lie ahead.”