London services firm enhances proposition with investor relations firm acquisition

A London-based international tech services and payments specialist has acquired Richard Davies Investor Relations Limited (RD:IR).

Equiniti has acquired the investor relations business in a bid to expand the corporate governance and investor relations services it offers to clients.

The news comes less than six months after Equiniti announced the opening of its US office in Milwaukee, Wisconsin.

Guy Wakeley, chief executive of Equiniti, commented: “We are delighted to welcome RD:IR to the Equiniti team. This acquisition is in line with our strategy of attracting businesses that will enhance our capabilities and the services we offer to clients.

“The combined Equiniti and RD:IR expertise and technology will create a powerful new force in international investor relations and corporate governance.”

Richard Davies, founder and managing director of RD:IR, added: “It was clear from the beginning of our relationship with Equiniti that we shared the same objectives and values.

“Becoming part of an international group will allow us to step up investment in our platform and to share our expertise with an even wider range of clients.

“There’s a real sense of excitement on both sides about what we can achieve together to benefit existing and future clients.”