Equiniti Trust Company Expands Services with ACCESS Newswire Acquisition

Equiniti Trust Company Completes Acquisition of ACCESS Newswire's Compliance Division

Equiniti Trust Company, LLC (EQ) has announced a significant strategic move by successfully acquiring the compliance division of ACCESS Newswire Inc. This acquisition signifies not just a change in corporate ownership but also an expansion of EQ's capabilities as a leading provider of shareholder services.

Strengthening EQ's Position in Market

The compliance division being acquired encompasses nearly all assets associated with Direct Transfer LLC, the stock transfer agent brand of ACCESS Newswire. This transition allows EQ to broaden its suite of services, reinforcing its leadership within the sector. With compliance solutions that cater to issuers, ACCESS Newswire’s offerings are well-regarded in the corporate compliance market, aligning perfectly with EQ's mission to support companies through their growth and transition phases.

Dan Kramer, the CEO of Shareholder Services at EQ, expressed his enthusiasm regarding the acquisition, emphasizing the importance of integrating ACCESS Newswire's clientele and talent into EQ's operations. He remarked, "This integration supports our ongoing growth strategy and aligns with our vision to become the leading global transfer agent offering comprehensive services."

New Services Introduced

Part of this acquisition includes the enhancement of EQ's service portfolio with full-service EDGAR filing capabilities. These capabilities include workflow management, document conversion, editing, and submission through Platform ID. Furthermore, the acquisition introduces iProxy Direct, a comprehensive proxy management solution into EQ's offerings. This innovative solution streamlines the entire proxy process including form design, printing, project management, vote tabulation, and certification.

Jo Palmer, CEO of EQ U.S. Shareholder Services, highlighted the value EQ can offer through this acquisition, stating, "We take pride in being trusted advisors during pivotal corporate moments. We are eager to welcome these new clients and team members, keen on delivering increased value together."

Brian Balbirnie, CEO of ACCESS Newswire, conveyed confidence in the transition, affirming that EQ’s extensive resources will facilitate an even higher standard of client support. He noted, "Our compliance division has established a strong reputation in the industry. I trust EQ’s dedication to client success will enhance the value provided to our clients significantly."

About EQ and ACCESS Newswire

EQ specializes in assisting companies in managing ownership through critical lifecycle events, offering their expertise across various core business units. They proudly serve over 6,700 clients globally, including a significant number of FTSE 100 and SP 500 companies, demonstrating their broad industry impact.

ACCESS Newswire, on the other hand, stands as a trusted provider in public relations and investor relations solutions, known for innovation and customer-centric services aimed at helping brands engage with their audiences effectively.

In summary, the acquisition of ACCESS Newswire's compliance division marks a significant milestone for Equiniti Trust Company, enhancing their service offerings and solidifying their position as a prominent leader in shareholder services. The collaboration not only enhances EQ's capabilities but also reflects a commitment to providing tailored solutions that meet the evolving needs of clients in the corporate landscape.

With this strategic acquisition, EQ is poised for continued growth and success in the sphere of corporate compliance and shareholder services.