Portland-based Foreside Financial Group LLC plans to acquire New Hampshire-based competitor NCS Regulatory Compliance for an undisclosed sum, the companies said Thursday.

Foreside, which has 150 employees, provides a range of services to the asset management industry. In 2017, Lovell Minnick Partners, a private equity firm based in Radnor, Pennsylvania, purchased a majority stake in the company and has since implemented a growth and expansion strategy, according to a news release.

NCS has about 80 employees and is based in Londonderry, New Hampshire. It provides outsourced compliance and regulatory services to the investment adviser and broker-dealer markets. Terms of the acquisition were not disclosed. The deal is expected to close this month.


Comments are not available on this story.

Augusta and Waterville news

Get news and events from your towns in your inbox every Friday.
  • This field is for validation purposes and should be left unchanged.