Clarus Risk Acquires Laven Partners' Private Equity Risk

Clarus Risk, a Guernsey-based institutional risk solutions firm, is to acquire the private equity risk measurement practice and methodologies of Laven Partners, a consultancy and regulatory software publisher servicing the financial services industry.

The deal, completed last month, will see Laven Partners offer compliance and due diligence solutions to Clarus Risk's client base.

The deal enables Laven Partners to continue focusing on innovation for its compliance and due diligence offering including the development of its regulatory technology software. Its risk clients will benefit from the risk reporting solution RiskMonitor, which Clarus Risk has been developing since its inception in 2011.