Bregal Sagemount invests in STEELE Compliance Solutions
Bregal Sagemount said June 6 that it invested in STEELE Compliance Solutions Inc, parent of STEELE CIS and Securimate businesses. Financial terms weren’t announced. The deals calls for founder Kenneth Kurtz to be promoted to the Chairman of the Advisory Board, while Eric Lochner has been appointed CEO. San Francisco-based STEELE is a compliance intelligence firm offering third-party due diligence and software-as-a-service (SaaS) solutions. Marks Baughan served as financial advisor and GTC Law Group provided legal counsel to STEELE CIS and Securimate. Goodwin Procter provided legal counsel to Bregal Sagemount.
6 June 2016•4 mins read
