(Alliance News) - Equiniti Group PLC on Monday said it has expanded its corporate governance and investor relations offering with the acquisition of Richard Davies Investor Relations Ltd for an undisclosed sum.
The services and payments solutions provider buying Richard Davies will provide a complementary suite of services for corporate governance professionals. Richard Davies provides investor relations-related analysis, software and advisory services.
"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, " said Equiniti Chief Executive Guy Wakeley.
"The combined Equiniti and RD:IR expertise and technology will create a powerful new force in international investor relations and corporate governance," Wakeley added.
Equiniti Group shares were up 0.2% at 213.40 pence each on Monday morning.