Morrow & Co. acquired by Sodali Inc. to form global consulting firm
Sodali Inc. has acquired Morrow & Co. to create Morrow Sodali Global, which the two companies say will be the world’s largest independent corporate governance, proxy solicitation, investor relations, capital markets and shareholder services firm.
Stamford-based Morrow has for over 40 years provided such services to several of the country’s largest publicly-traded corporations, including General Electric, Goldman Sachs and Boeing. New York City’s Sodali has been focused on Europe, Latin America and other emerging markets. Terms of the deal were not disclosed.
Together, Morrow Sodali will serve more than 600 corporate clients in 30 countries, with aggregate market capitalization in excess of $5 trillion. The current Morrow management and client services teams will remain in place, while Sodali chairman John Wilcox will continue as Morrow Sodali chairman.