Workflow
Compliance software and services
icon
Search documents
Haven and Altaline acquire Saratoga Compliance Solutions
Yahoo Financeยท 2025-10-28 09:16
Core Insights - Haven Capital Partners, in collaboration with Altaline Capital Management, has acquired Saratoga Compliance Solutions, which is a next-generation insurance compliance platform [1] - The financial details of the acquisition have not been disclosed [1] Company Overview - Saratoga Compliance Solutions was formed through the merger of 3H Compliance Group (3HCG) and National Licensing Compliance Group (NLCG) [1] - The unified entity claims to have a comprehensive solution suite in the insurance sector, serving over 300 combined clients [2] Strategic Goals - Haven Capital Partners sees significant opportunities to accelerate product innovation and expand the mission-critical software platform of Saratoga [2] - The company is positioned to strengthen customer relationships, build on growth momentum, and pursue strategic acquisitions for further platform expansion [3] Leadership and Management - Gary Harker, the previous founder and CEO of 3H Compliance Group, will lead the new combined organization based in Saratoga Springs, New York [3] - The board of directors has been enhanced with the addition of Cameron Parker and Phil Reynolds, bringing in experienced leadership [3] Future Outlook - The leadership aims to deliver more value through new products and solutions while serving a growing list of insurance industry clients nationwide [4] - Haven Capital Partners expresses excitement about partnering with the Saratoga team to build a leading AI-enabled compliance software platform for the insurance industry's regulatory needs [6]