Acquisition of key Australian financial communications and investor relations player, Citadel-MAGNUS will drive rapid growth and significant expansion
NEW YORK, Nov 7 (Bernama-GLOBE NEWSWIRE) -- Morrow Sodali, the world’s leading shareholder engagement and governance advisory firm, announced today the acquisition of Australian financial communications and investor relations agency, Citadel-MAGNUS, its first since TPG Growth secured a majority stake in April of this year.The Australian based acquisition represents a significant expansion of Morrow Sodali’s service offering in the APAC region to meet the rapidly growing global demand from corporations for strategic communications and investor engagement services.
The combination of Morrow Sodali and Citadel-MAGNUS brings together two trusted market leading consultancies to provide best in class strategic counsel and support to our clients. Citadel-MAGNUS will be fully integrated into Morrow Sodali enabling the firm to provide a seamless offering and the most comprehensive suite of investor relations and communications solutions to listed and private entities with the intention of rolling out the expanded services to other markets.
The acquisition marks a significant step forward in Morrow Sodali’s strategy to accelerate its growth by investing in services that create value for its clients world-wide.
Alvise Recchi, CEO of Morrow Sodali, commented, “As part of Morrow Sodali’s strategic global growth strategy, the addition of Citadel-MAGNUS will expand our service offering to encompass a broader suite of Board, C-Suite and ESG advisory, Investor Relations and Financial Communications services. We can’t wait to see the potential of this exciting opportunity realised as we continue to grow in new markets around the world.”
No comments:
Post a Comment