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.
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.