NEW YORK, July 1 – Computershare (ASX:CPU) has announced the acquisition of Verbatim Global Compliance, an established U.S.-based provider of managed corporate secretarial services around the world, from Orrick, Herrington & Sutcliffe LLP.
As a result of the acquisition, Computershare says it will be able to offer a greater range of integrated, entity governance offerings; combining group restructuring support, advisory services, regulatory technology and fully managed services that help clients reduce the burden of global entity compliance.
"Verbatim's team has the capabilities, know-how and market recognition to complement the growing suite of services we offer our clients in the U.S. and around the world, and we're delighted to welcome them to the Computershare group," said Naz Sarkar, CEO of Global Issuer Services at Computershare.
"We know many clients are looking for new ways to manage operational and reputational risk while also reducing or eliminating redundant workflows and time spent on governance administration."
"Corporate secretaries and general counsel for companies everywhere can now fully outsource entity management to one partner thanks to the combination of Computershare's regulatory technology and global network with Verbatim's governance advisory team and extensive network of legal contacts."
Computershare's Governance Services business covers 110 jurisdictions and includes new entity incorporations, subsidiary governance frameworks, registered agent for service of process as well as board of directors' training and support.
Computershare says its acquisition of Verbatim reflects the increasing significance of the corporate governance and compliance solutions offered by its global Issuer Services business, which also provides share registry, proxy solicitation and corporate actions services.
For more information, visit www.cgs-gems.com/transform-your-corporate-governance.
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