Thomson Reuters to Acquire Complinet

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Thomson Reuters announced it will acquire Complinet, provider of global compliance information solutions for financial services institutions and their advisers. The deal is expected to close in the second quarter and its terms weren’t made public.

Regulation is a major driving force shaping financial services globally, and every indication is that this trend will only increase. Complinet – based in London and has more than 200 employees – brings a leading market position, powerhouse brand, strong management team, and assets across the entire global regulatory compliance workflow to Thomson Reuters.

Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs 55,000 people and operates in over 100 countries.