CLEARWATER, FL--(Marketwired - Aug 29, 2017) - Connect X Capital Markets, LLC and its subsidiaries, a provider of investment banking, securities brokerage, transfer agency, Edgarization, and data processing services to public issuers and the financial services industry, today announced the acquisition of Transhare Corporation, a provider of registrar, stock transfer, and record keeping services with over 20 years of experience in the stock transfer agency industry. The acquisition closed on August 1st 2017.
Connect X's strategic acquisition of Transhare Corporation will provide a suite of enhanced services to existing Transhare clients, in addition to the reliable shareholder record maintenance and communication services these clients have come to expect. Transhare Corporation and Connect X share an uncompromising dedication to delivering extraordinary service, and together are focused on ways to further reduce corporate issuers' overall costs by aggressively applying technology to registrar, stock transfer, and other capital markets processes.
"Acquiring Transhare Corporation is a natural extension of the transfer agency, proxy distribution, Edgarization, and shareholder communication services we already provide to over five hundred issuer clients, numerous brokerage firms, and hundreds of thousands of individual investors through our Island Stock Transfer subsidiary," said Micah Eldred, president of Connect X. "This acquisition allows us to expand our client base and offer a broader, more cost-effective suite of services to existing Transhare clients." He continued, "Additionally, these clients will greatly benefit from the fin-tech capital markets products and services we have slated for introduction in the coming months as we implement our company's strategic goals of becoming the highest quality, broadest, most efficient provider of capital markets services aimed at the small and midsized publicly traded company and their shareholders."
"The synergies between Transhare Corporation and Connect X enable a significantly more streamlined service offering for existing and prospective clients," said Mark Bogani, immediate past president of Transhare Corporation. "As part of Connect X, our clients and employees benefit from the combined expertise and dedication of our organizations. This positions us to better anticipate and meet client needs in the rapidly changing transfer agency marketplace."
The New contact information for Transhare Corporation is as follows:
Kimberly Whiteside
Transhare Corporation
15500 Roosevelt Boulevard, Suite 301
Clearwater, Florida 33760
(303) 662 -1112
Contact Information:
For more information please contact:
Micah Eldred
Managing Partner
Connect X Capital Markets, LLC.
727-289-0010