SAN FRANCISCO--(BUSINESS WIRE)--SRS|Shareholder Representative Services today announced that due to growth and expansion into new services, the company will operate two affiliated lines of business — SRS and Acquiom — under a single parent company: SRS|Acquiom (srsacquiom.com).
One line of business, SRS, manages all post closing activity in private M&A transactions to maximize deal value and safeguard the interests of selling shareholders. The global leader in shareholder representation, SRS reached a new milestone in 2013: engagement on a total of 575 deals comprising $86 billion in aggregate deal value since the company’s founding in 2007. SRS represents 58,000 shareholders including 500 of the top venture capital and private equity funds.
“Our growth is a direct result of the fact that in addition to expertly managing all post-closing issues, we produce a positive return for shareholders,” said Paul Koenig, founder and co-CEO of SRS|Acquiom. “SRS has successfully contested hundreds of claims and returned over $280 million to our clients — a savings of over 40 times our fees.”
The second line of business, Acquiom, reinvents the process of making distributions in M&A transactions and offers superior escrow solutions — bringing simplicity and better economics to what has been an unnecessarily burdensome, but necessary part of the M&A process.
“Merger parties on both sides of the transaction have asked us to provide payment administration services and better escrow options,” said Mark Vogel, founder and co-CEO of SRS|Acquiom. “Acquiom makes it easy and simple, without fees in most cases. To date, Acquiom has facilitated disbursements of merger proceeds to 80% of shareholders within 24 hours. That’s unheard of. The escrow economics offered by our partnering independent banks exceed the alternatives. Satisfied shareholders and no hassles mean that acquiring companies fund one account and they are done. Management teams can focus their attention where they should: on the business of integrating the merged companies.”
SRS|Acquiom was engaged on many of the largest private M&A transactions in 2013, including these notable deals: Mandiant acquired by FireEye, Waze acquired by Google, Tumblr acquired by Yahoo, Supercell acquired by Softbank, Trusteer acquired by IBM, and Cyoptics acquired by Avago Technologies. In the first few weeks of 2014, SRS|Acquiom has been selected as shareholder representative for the shareholders of Nest in its acquisition by Google and for the shareholders of General Parts in its acquisition by Advanced Auto Parts, among many other engagements.
SRS|Acquiom is the global leader for managing post-closing activity in private M&A —innovating new ways to complete transactions that help merger parties to close more efficiently and economically. SRS|Acquiom delivers industry-leading shareholder representation, payment administration, and escrow investment solutions with a senior-level team of more than 50 attorneys, financial professionals, and operations and systems experts, and the most sophisticated operational, tracking and reporting system ever used by a shareholder representative. On 575 deals comprising $86 billion in aggregate deal value, SRS represents 58,000 shareholders including 500 of the top venture capital and private equity firms. SRS|Analytics provides data and analysis from one of the most comprehensive databases ever assembled on private M&A transactions. For more information, visit: srsacquiom.com.