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Sage Holdings Acquires Capital Precision, the Leading Independent Capital Markets Intelligence Specialist
 

NEW YORK and LONDON, Nov. 13 /PRNewswire/ -- Sage Holdings the leading transatlantic financial and stakeholder communications company has acquired Capital Precision, the London and New York-based capital markets intelligence provider.

Founded in 2005 as a result of bringing together the most experienced analysts within the industry, Capital Precision provides capital markets intelligence to over 200 of the world's largest companies and their advisors. Specializing in global shareholder analysis, institutional targeting and fund tracking, the company's unique and innovative skills are commissioned for both investor relations programs and corporate transactions.

Sage Holdings was formed in 2007 to meet the corporate communications requirements of clients facing increased regulation and the need for greater corporate transparency. During 2008, Sage acquired several leading firms in the consulting arena, notably D.F. King in stakeholder services and proxy solicitation; M:Communications, Europe's fastest growing financial and investor communications consultancy; Hallvarsson & Halvarsson, the leading financial and stakeholder communications firm in Scandinavia; and Broadgate Consultants, a financial media and investor relations advisory firm headquartered in New York.

The acquisition of Capital Precision is a complementary step and shows how Sage will build the wider business into an integrated revenue engine, serving clients across a broader platform. Capital Precision fits into a separate business stream from the Sage consulting activities, although it is closely related. This can be defined as analytics and technology and it covers a range of service from shareholder identification, to website design and web-hosting. These are stand-alone revenue streams but they also cross-refer to the consulting businesses. Together with the third revenue area within Sage -- D.F. King's teleservices and stakeholder fulfillment operations -- this structure gives Sage international spread and a mix of revenues that ensure stability and lay the foundations for growth in each and every economic cycle.

Dr. Oliver Niedermaier, President and Chief Executive Officer of Sage, commented: "Sage Holdings has grown within a year to become the leading transatlantic financial and stakeholder communications company. Shareholder identification is a core service for financial communications. In Capital Precision, we have acquired a highly regarded business which allows our consulting and analytics teams to offer clients unique solutions for investor relations planning and capital market activity. In addition, this transaction comes at a time of successful inter-company collaboration in several areas with proven demand from Capital Precision's clients for high-end consulting services."

Mark Simms, Chief Executive Officer of Capital Precision, said: "We have a very talented team which has built Capital Precision into sought-after advisors for many of the world's leading companies. In Sage, we have found a family of businesses with the same agenda, momentum and results-oriented culture as us and we look forward to continuing to grow our business as part of the enlarged group."

Sage Holdings will continue to focus on its expansion in investor relations services globally through organic growth and strategic acquisitions of best-in-class organizations.

    Media Inquiries:
    Sage Holdings, LLC
    Dr Oliver Niedermaier, CEO: +1 (212) 493-6954,
    oliver.niedermaier@sageholdings.com
    Hugh Morrison: +44 (0) 20 7153 1534, Morrison@McomGroup.com

    Capital Precision Ltd
    Mark Simms, CEO: +44 (0) 20 7702 3830, msimms@capitalprecision.com
    Patrick Mitchell: +44 (0) 20 7702 3889, pmitchell@capitalprecision.com

Notes to editors:

Sage Holdings, LLC (www.sageholdings.com) is the leading transatlantic stakeholder management and financial communications firm. Formed in 2007, with private equity backing from The Riverside Company (www.riversidecompany.com), Sage companies include leading proxy solicitation company D.F. King (www.dfking.com), Europe's fastest growing financial communications consultancy M:Communications (www.mcomgroup.com), Hallvarsson & Halvarsson, the top-ranked Scandinavian communications firm (www.halvarsson.com) and Wall Street investor and media relations consultancy Broadgate Consultants, LLC (www.broadgate.com). Sage Holdings employs over 900 professionals, with offices in New York, London, Dubai, Munich and Stockholm.


SOURCE Sage Holdings