London services firm continues international expansion with latest US acquisition

Technology-led payments specialist Equiniti has acquired a Colorado-based transfer agent as part of its ongoing expansion in the US.

The London-based firm has acquired Corporate Stock Transfer (CST), which will become part of its US division EQ.

Founded in 1985, CST acts primarily for domestic and international public micro-cap companies.

Guy Wakeley, chief executive of Equiniti, commented: “The acquisition of CST is an exciting step in our journey to consolidate our investment into equity based services in North America and do more in the markets we serve.”

Carylyn Bell, president and founder of Corporate Stock Transfer, Inc, added: “We’re delighted to be joining EQ, which shares our value of service excellence.

“Together we will be able to offer our clients an even broader range of services powered by industry-leading technology.

“The combination of our businesses presents a compelling proposition for our existing clients and exciting growth prospects for the team. I look forward to working with our new colleagues to capitalise on this opportunity.”