Equiniti completes the acquisition of RD:IR
LONDON: Equiniti Group, an international technology-led services and payments specialist, announced that it has completed the acquisition of Richard Davies Investor Relations Limited (RD:IR).
RD:IR is a market-leading investor relations business, offering a wide-range of IR-related analysis, software and advisory services. The acquisition will provide Equiniti with the proprietary platform to broaden and deepen the corporate governance and investor relations services it offers to clients.
The acquisition is the latest investment in Equiniti's complementary suite of services for corporate governance professionals, which provides everything required for the boardroom including investor relations, company secretarial, ESG, proxy analytics and solicitation.
RD:IR's management team will also be joining Equiniti, bringing a wealth of investor relations expertise and experience to the Group.
Guy Wakeley, Chief Executive of Equiniti, commented: "We are delighted to welcome RD:IR to the Equiniti team. This acquisition is in line with our strategy of attracting businesses that will enhance our capabilities and the services we offer to clients.
"The combined Equiniti and RD:IR expertise and technology will create a powerful new force in international investor relations and corporate governance."
Richard Davies, Founder and Managing Director of RD:IR, said: "It was clear from the beginning of our relationship with Equiniti that we shared the same objectives and values.
"Becoming part of an international group will allow us to step up investment in our platform and to share our expertise with an even wider range of clients. There's a real sense of excitement on both sides about what we can achieve together to benefit existing and future clients."