Corporate governance and shareholder services firm Sodali Inc. acquired Morrow & Co., LLC of Stamford, CT, to form Morrow Sodali Global LLC. Investment banking firm Sperry, Mitchell & Company, Inc. initiated the transaction and served as financial advisor to Morrow & Co., a provider of proxy solicitation and corporate governance consulting services.
Morrow & Co., LLC (the “Company”) of Stamford, CT has been acquired by Sodali Inc. to create Morrow Sodali Global LLC, the largest independent corporate governance, proxy solicitation, investor relations, capital markets and shareholder services firm in the world, serving more than 600 corporate clients in 30 countries. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to Morrow & Co.
Morrow & Co. (www.morrowco.com) was founded in 1972 and has grown to become the leading independent provider of proxy solicitation and corporate governance consulting services in the U.S., serving hundreds of major publicly-traded companies, mutual funds, and financial institutions looking to reach and influence shareholders. The Company’s services include solicitation for annual shareholder meetings and proxy contests, stock watch services, and year-round research and consulting on emerging governance trends. Morrow & Co. maintains offices in Stamford, Dallas, and Chicago.
Sodali Inc. (www.sodali.com) is a global leader in advising boards of directors and senior management on issues such as corporate governance, director evaluation, management succession, executive compensation, shareholder engagement and transparency, investor communication, IPOs, bond holder transactions, social policy and sustainability. Sodali has offices in London, New York, Geneva, Madrid, Paris, Rome and partnerships in Sao Paulo, Beijing, Johannesburg, Mexico City and Lima.
Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values ranging from $10 to $500 million.