Two Firms Help ACA, Foreside Finance Industry Consultants Merge

Willkie Farr & Gallagher is advising Genstar Capital on the merger of its portfolio company Foreside Financial Group with ACA Group, a rival provider of governance, risk, and compliance services for the financial services industry.

Kirkland & Ellis is advising ACA Group on the transaction, which calls for Genstar to acquire a controlling stake in ACA from Starr Investment Holdings LLC, according to a statement.

Willkie is also advising Foreside, which Genstar invested in earlier this year. After closing, expected in 2022’s first half, Genstar will become majority owner of the combined business.

The combined firm will have over 1,100 ...