-- Expands European presence, deepens research and local-market voting expertise
SAN FRANCISCO, June 11, 2015 /PRNewswire/ -- Glass, Lewis & Co., the leading independent provider of global governance services that help institutional investors understand and connect with the companies in which they invest, today announced the acquisition of IVOX, Germany's leading independent provider of proxy advisory and governance services for institutional investors.
"As part of our ongoing commitment to providing clients with superior global governance expertise, we are delighted to add Dr. Alexander Juschus and his experienced team of IVOX analysts to Glass Lewis," said Katherine Rabin, CEO of Glass Lewis. "The IVOX team's deep knowledge and experience analyzing European companies will benefit Glass Lewis' clients immediately, complementing the research being produced from our European headquarters in Limerick, Ireland." Over the coming months, Glass Lewis and IVOX will integrate their technology and research offerings in order to provide their combined clients with the best both firms have to offer, in a seamless way. "Together we will deliver an exceptional set of services that reflects the depth of our local-market expertise and breadth of our global capabilities," said Ms. Rabin.
Founded in 2005, IVOX has been a trusted provider of custom proxy research, vote execution and threshold management services to many of the largest investors in Europe. With this acquisition, IVOX Glass Lewis GmbH becomes a subsidiary of Glass Lewis Europe, and will be supported by the extensive research, vote agency, and IT resources of the parent company. The IVOX Glass Lewis team will continue to be based in Karlsruhe, Germany, working under the leadership of Dr. Alexander Juschus, co-founder of IVOX and General Manager of Glass Lewis Europe's new German office.
"This is a tremendous opportunity to bring the global expertise and resources of Glass Lewis to IVOX clients, while at the same time providing Glass Lewis clients with additional European capabilities, including our threshold management service," said Dr. Juschus. "IVOX Glass Lewis clients will continue to receive all the services currently offered, including German language research reports, plus have new access to research on more than 20,000 meetings annually in over 100 global markets. We are very excited to be a part of the Glass Lewis team."
About Glass Lewis
Glass Lewis is the leading independent provider of global governance services, helping institutional investors understand and connect with the companies they invest in. Through unbiased proxy research, the industry-leading ViewPoint proxy vote management application, and the innovative Meetyl direct engagement platform, Glass Lewis helps clients drive value across their governance activities. Glass Lewis empowers institutional investors that collectively manage more than $20 trillion to make sound voting decisions at more than 20,000 meetings a year in 100 countries by uncovering and assessing governance, business, legal, political and accounting risks. Founded in 2003, Glass Lewis is headquartered in San Francisco with offices in New York, Washington D.C., Sydney, Australia, and Limerick, Ireland.
For more information on Glass Lewis please visit the Glass Lewis website.
IVOX was founded in 2005 to address the specific proxy voting requirements in Europe. Being an independent proxy advisor based in Germany IVOX has institutional clients primarily in continental Europe. Prior to being acquired by Glass Lewis, IVOX was 100% privately financed. And, like Glass Lewis, IVOX does not offer consultancy services to issuers. IVOX provides in depth corporate governance research for more than 2,500 companies. Analyses can be customized to a client's policy and are directly integrated on the IVOX platform. Furthermore, IVOX also provides a Threshold Management System helping institutional investors with the management of statutory and legal thresholds.
For more information on IVOX Glass Lewis please visit the IVOX Glass Lewis website.
SOURCE Glass, Lewis & Co.