Harbor Compliance, a Lancaster, PA-based provider of entity compliance solutions for nonprofit and mid-market corporate customers, has received a majority growth investment from Bregal Sagemount.
The deal amount was not disclosed.
As part of the investment, Pavan Tripathi, Terrance Garrett, and Connor Pams from Bregal Sagemount will join the company’s Board of Directors, along with John Weber, former CEO of CT Corporation.
Additionally, Chad Nuss has been named Chief Executive Officer and a Board Member of Harbor Compliance.
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The company plans to use the funds to grow its operations and advance its development efforts.
Founded in 2012 and based in Lancaster, Pennsylvania, Harbor Compliance provides entity compliance solutions through its modular SaaS platform, Compliance Core. The platform offers a single, end-to-end system in an industry that has traditionally relied on fragmented, service-heavy workflows. Serving over 80,000 organizations across various industries, Harbor Compliance helps with business entity management, licensing, tax registration, and records management, giving customers clear oversight of multi-state compliance requirements while simplifying administrative tasks.
Chad Nuss has also been named Chief Executive Officer and a Board Member of Harbor Compliance. “I’m excited to join Harbor Compliance at this important stage. The company has a strong foundation and a great team, and I look forward to working with them and our new partners to develop the platform further and provide even more value to our customers,” said Nuss.
As part of the investment, Pavan Tripathi, Terrance Garrett, and Connor Pams from Bregal Sagemount will join Harbor Compliance’s Board of Directors along with industry veteran John Weber, former CEO of CT Corporation. Mike Montali, and Megan Danz will remain involved as Board members and advisors, supporting the company’s long-term strategy.
Stifel acted as exclusive financial adviser, and Royer Cooper Cohen Braunfeld LLC provided legal counsel to Harbor Compliance. William Blair and Goodwin Procter LLP advised Bregal Sagemount.
Mike Montali, Co-Founder of Harbor Compliance, said, “When we started Harbor Compliance, our goal was to create a technology-driven platform that makes it much easier for organizations to manage complex regulatory requirements.”
Megan Danz, Co-Founder of Harbor Compliance, added, “Over the past decade, we have grown the business carefully while staying committed to our customers and team. This is a key moment for Harbor Compliance. With Bregal Sagemount as our partner and Chad as CEO, the company is well-positioned to grow responsibly, expand its platform and keep providing trusted compliance solutions to customers across the country.”
Pavan Tripathi, Co-Founder and Partner at Bregal Sagemount, said, “Harbor Compliance has created a strong position in a large, fragmented market by offering a modern, technology-driven approach to entity compliance. We are excited to work with Mike, Megan, Chad, and the entire Harbor team to accelerate investments in product innovation, AI, customer experience, and go-to-market efforts to provide best-in-class solutions for Harbor’s clients.”
About Harbor Compliance
Founded in 2012, Harbor Compliance helps businesses and nonprofits handle regulatory requirements across the U.S. using expert services and proprietary compliance technology. The company has supported over 80,000 clients in various industries, making entity management, business licensing, and registered agent services easier.
About Bregal Sagemount
Founded in 2012, Harbor Compliance helps businesses and nonprofits handle regulatory requirements across the U.S. using expert services and proprietary compliance technology. The company has supported over 80,000 clients in various industries, making entity management, business licensing, and registered agent services easier.
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