Kroll Announces Formation of Kroll Business Services

Move Incorporates Newly Acquired Companies and Strengthens Legal and Business Solutions Offering. Kroll, a leading provider of services and digital…

Michael Webb | December 09, 2021

Move Incorporates Newly Acquired Companies and Strengthens Legal and Business Solutions Offering.

Kroll, a leading provider of services and digital products related to governance, risk and transparency, today announced the formation of its Kroll Business Services division. Kroll Business Services brings together Prime Clerk and Prime Clerk Group, which were acquired by Kroll in 2019, and The Lucid Companies (Lucid Issuer Services, Lucid Agency and Trustee Services and Fluyd), which were acquired by Kroll in 2020, under a unified brand as the global leader in claims administration, corporate actions, loan and bond administration, restructuring, liability management, notice media and other related complex legal and business solutions.

Shai Waisman, who previously served as CEO and founder of Prime Clerk, will lead as President of Kroll Business Services, reporting to Jacob Silverman, CEO of Kroll.

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