(This story is developing and may be updated.)
Compliance Week has been acquired by Verdian Insights from its previous owner, Wilmington, editor Ian Sherr announced in a March 4 article. Details of the purchase, including whether Compliance Week would remain Boston-based, were not available at press time.
Verdian Insights, established in 2021, is a New York-based company that acquires and develops governance, risk and compliance (GRC) solutions. Its founder and CEO is James Lindstrom, who according to his LinkedIn, is a veteran CEO and investment specialist.
Verdian also owns Financial Crime Academy, Education Workers Group, H5 Training and Merit Training, which offer a range of training and certifications, as well as GRC data and software companies Verdian Accelerator, Verdian Compliance and Smart Capital Scorecard.
Compliance Week’s current leadership is expected to remain in place, wrote Sherr, who became the publication’s editor-in-chief in September.
Wilmington, a UK-based publishing firm, bought Compliance Week in 2013 from Haymarket Media Group in a deal worth a reported $11 million. Before that, the publication, founded in 2002, was owned by Financial Media Holdings Group, its original parent company.
