Foreside financial group, llc agreed to acquire quasar distributors, llc from u.s. bancorp (nyse:usb).

Foreside financial group, llc agreed to acquire quasar distributors, llc from u.s. bancorp (nyse:usb) on november 25, 2019. the acquisition will expand foreside’s internal team and client base, with the addition of more than 200 current quasar clients, 26 employees and a new office location in milwaukee, wi. foreside inorganic growth continues to fuel foreside organic growth, as acquisitions like this one allow it to expand foreside service offerings and provide better strategic counsel and service to foreside clients. the transaction is expected to close sometime in the first quarter of 2020.
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