Georgeson Shareholder Communications, Inc. announced the acquisition of the remaining 54% that it did not own of GSC Proxitalia, an entity that was originally established in 1999 as a joint venture of Georgeson Shareholder with partners Stefano Marini and Alvise Recchi. Georgeson Shareholder is part of the Computershare Ltd. family of companies. Marini and Recchi will continue in leadership positions with the organization, joining the senior management team of Computershare’s stakeholder relationship management group.
“This deal paves the way for Georgeson Shareholder and Computershare to offer our full range of proxy solicitation and other investor relations solutions in continental Europe and Latin America,” said Oliver Niedermaier, head of Computershare’s stakeholder relationship management group. “We also look forward to continual expansion of our seamless services for international cross-border transactions, such as our current work for the Republic of Argentina and numerous cross-border M&A transactions.”
Georgeson Shareholder and the Proxitalia group are already collaborating on key projects, including provision of global information agent services for one of the world’s largest bond restructuring transactions: the restructuring of the Sovereign debt of the Republic of Argentina.
GSC Proxitalia established GSC Proxiberica in 2003 and Proxylatina in 2004, and the group now employs 70 people in four offices in three countries: Rome and Milan in Italy; Madrid in Spain; and Buenos Aires in Argentina.