Computershare Announces An Investment And Strategic Partnership With INVeSHARE, Inc.
Investment Enables Partnership To Improve Shareholder Communications
NEW YORK, April 15, 2013 /PRNewswire/ — Computershare (ASX: CPU) today announced that it has agreed to acquire approximately 25 percent of INVeSHARE, Inc., an innovative company providing both state-of-the-art and traditional solutions for regulated shareholder communications. Computershare has also been granted options that will allow it to move to full ownership of INVeSHARE in 2018 or 2019.
Together, INVeSHARE and Computershare will improve the way shareholder communications are packaged and delivered in the North American markets, giving better outcomes for financial institutions such as broker dealers and clearing firms; and investors and issuers.
Paul Conn, President of Computershare’s Global Capital Markets group, shares the opportunity that the investment represents, “Investor communications is at the heart of what we do, and this investment offers us the ideal vehicle for reaching into the large “street-name” market segment. It’s a great opportunity to deploy both our scale and communications capabilities to assist INVeSHARE in servicing broker dealers and other financial intermediaries.”
INVeSHARE CEO, Davidi Gilo added,”We are very excited with this new chapter in our business evolution and the strength Computershare brings in many areas. The combination of Computershare’s capabilities and leadership with INVeSHARE’s industry-changing approach will benefit financial intermediaries, their customers and the issuer community. It will provide a highly-competitive alternative for broker-dealers and other intermediaries. The financial services industry is gaining a strong and much needed competitor that will bring innovative technologies to market and rationalize the cost structure for all stakeholders.”
INVeSHARE and Computershare will be jointly exhibiting at the Securities Industry and Financial Markets Association Operations Conference in Florida from April 28(th) to May 1(st) 2013.
About Computershare Limited
Computershare (ASX: CPU) is a global market leader in transfer agency and share registration, employee equity plans, proxy solicitation and stakeholder communications. We also specialise in corporate trust, mortgage, bankruptcy, class action, utility and tax voucher administration, and a range of other diversified financial and governance services.
Founded in 1978, Computershare is renowned for its expertise in high integrity data management, high volume transaction processing and reconciliations, payments and stakeholder engagement.
Many of the world’s leading organisations use us to streamline and maximise the value of relationships with their investors, employees, creditors and customers.
Computershare is represented in all major financial markets and has over 12,000 employees worldwide.
For more information, visit www.computershare.com
INVeSHARE is an Atlanta, Georgia based company providing state-of-the-art and traditional solutions for shareholder communications. Our innovative approach to the delivery of regulated shareholder communications is both scalable and affordable, providing the lowest cost delivery option in the industry and benefitting financial institutions, brokers, investors and issuers alike.
For more information, please visit www.inveshare.com
For more information, please contact:
+1 310 751 1817