Morgan Lewis Advises Foreside Financial in Sale of Majority Stake to Genstar Capital
July 07, 2021PHILADELPHIA, July 7, 2021: Morgan Lewis is advising Foreside Financial Group LLC, a portfolio company of Lovell Minnick Partners (LMP), in a definitive agreement to sell a majority stake to Genstar Capital.
Foreside provides a robust offering of distribution solutions and governance, risk management, and compliance (GRC) solutions to clients in the global asset and wealth management industries. LMP is a private equity firm focused on investments in financial services, financial technology, and related business services. Genstar is a private equity firm focused on investments in targeted segments of the financial services, healthcare, industrials, and software industries.
Morgan Lewis partner Kevin Shmelzer and associate Michelle Catchur are representing Foreside.