BY IR Web Report Staff
NEW York-based private equity firm SV Investment Partners has completed the acquisition of annual report fulfillment and webcasting provider WILink plc.
SV, formerly known as Schroder Ventures US, purchased the LSE-traded shares of WILink in a going private transaction.
WILink, which claims more than 3,500 clients in 13 countries, competes in the investor relations market with the PrecisionIR brand. Services include the Annual Reports Service and Vcall webcasting and conferencing.
“Our acquisition of WILink reflects SV’s focus on companies with strong positions in growing markets that stand to achieve even greater success with strategic support and additional financing. We look forward to working with WILink’s highly talented management team to take the Company to its next level of growth,” said Nicholas E. Somers, a partner at SV.
J. Patrick Galleher, Chief Executive Officer of WILink, said with SV’s support his company is now “strongly positioned to take advantage of the success we have achieved and further grow our client base by expanding the breadth of the products we provide as well as our geographic reach.”
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