Sale of Newgate Compliance to Ocorian

BDO provided sell-side advice to Newgate Compliance for its acquisition by Ocorian.

Newgate Compliance provides compliance consulting services, leveraging the GATEway, a proprietary software solution that enables clients to track and meet their FCA regulatory obligations efficiently, as well as to comply with the spirit, principles and culture of the UK regulatory regime.

Ocorian, a diversified financial services group with expertise in Fund Services, Corporate Services, Capital Markets and Private Client services, will be strengthened by the additional service offering from Newgate, providing end-to-end administration services and a suite of compliance and regulatory services.