Investor and corporate services provider IQ-EQ has acquired Greyline Partners, a governance and regulatory compliance solutions firm. Terms of the purchase were not disclosed.
San Francisco-based Greyline is a popular software provider for private equity and venture capital firms, hedge funds and other investors, and its acquisition by IQ-EQ marks the Astorg portfolio company’s third this year, after it purchased Constellation Advisers and Concord Trust Company.
Founded in 2016, Greyline employs 56 people across its six offices in San Francisco, Dallas, New York, Chicago, Boston and London. Also part of Greyline is GCM Advisory, an outsourced CFO, finance and accounting business launched earlier this year.
Greyline provides a range of services including:
- Regulatory compliance
- Management consulting and governance
- Outsourced operations and middle office services
- Outsourced finance, accounting and back office services
About IQ-EQ
IQ-EQ, an investor services group, employs a global workforce of more than 3,700 people located in 24 jurisdictions and has assets under administration (AUA) exceeding $500 billion. IQ-EQ works with 15 of the top 20 global private equity firms. Visit www.iqeq.com to learn more.