Aquiline Capital Partners Acquires Compliance Software and Solutions Provider RIA in a Box

NEW YORK, May 23, 2018 – Aquiline Capital Partners LLC, a New York-based private equity firm investing in financial services and technology, announced today that it has acquired RIA in a Box LLC, the leading software as a service (“SaaS”) provider of compliance solutions to the registered investment adviser (“RIA”) industry. No financial terms were disclosed.

In a complex and evolving regulatory environment, RIA in a Box provides compliance workflow solutions to wealth managers. The company assists with initial RIA registration, provides ongoing compliance software post-formation, and helps compliance officers at larger firms to oversee more complex organizations. The company also offers other SaaS-based services such as CRM, billing, and other operational tools for wealth managers.

“RIA in a Box provides solutions for wealth managers to operate with greater efficiency while they manage the industry compliance burden. The company is at a nexus of two high-growth markets in the RIA and compliance industries, and we are eager to offer even more tools to serve this space,” said Will Bressman, CEO of RIA in a Box.

“The team at RIA in a Box has built an innovative compliance solution benefiting both wealth managers and their clients,” said Jeff Greenberg, Chairman and Chief Executive Officer of Aquiline. “This is an exciting time for the company, and we look forward to supporting management during this next phase of growth.”

Aquiline also announced the appointment of Barnaby Grist, a former senior executive at Schwab Advisor Services and Cetera Financial Group, as Executive Chairman of the Board of RIA in a Box. “The management team has built a market-leading business, and I see multiple opportunities to increase market penetration and expand the suite of services provided to clients,” commented Mr. Grist. “The company will pursue organic growth initiatives as well as an acquisition strategy in the wealth management software and compliance industry.”

GJ King, President of RIA in a Box, added, “We are thrilled to continue to lead the business while partnering with Barnaby and the Aquiline team, which has deep experience in the wealth management and compliance industries. This is a massive market opportunity and, with them, we now have great support to accelerate our growth trajectory.”

Aquiline was advised by Marlin & Associates and RIA in a Box was advised by Raymond James & Associates on the transaction.

About RIA in a Box LLC

RIA in a Box is a leading provider of compliance software to the wealth management industry. Launched in 2005, RIA in a Box was acquired in 2011 by an investment group led by Will Bressman and GJ King who transformed the business into the market leading SaaS-based compliance solution focused on the RIA industry. Approximately 2,000 RIAs of varying size across the US use the platform to increase compliance workflow efficiency. The Company also offers SaaS-based solutions such as CRM, billing and other operational tools. For more information about RIA in a Box, please visit:

About Aquiline Capital Partners LLC

Aquiline Capital Partners, founded in 2005, is a private equity firm based in New York investing in businesses across the financial services sector in banking and credit, insurance, investment management and markets, and financial technology and services. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit: