Dresner Corporate Services and Allen & Caron Team Up

CHICAGO, IL--(Marketwired - Apr 13, 2015) - Dresner Corporate Services, Inc., a strategic communications firm specializing in investor and public relations, has acquired Allen & Caron, Inc., a strategic investor relations firm with offices in New York City and Irvine, Calif. Terms of the transaction were not disclosed. 

Steven D. Carr, Managing Director of Dresner Corporate Services, will serve as CEO. Joe Allen will serve as Executive Vice President and head of the New York office. Rene Caron will serve as Senior Vice President and manage the Irvine office.

"The merging of the investor relations practices of Dresner Corporate Services and Allen & Caron expands our leadership in the industry," said Steve Carr. "The two firms are both complementary and synergistic, combining decades of experience. Our capabilities build mutually on our management talent, category expertise and successful long-term client relationships."

"We will be one of the few independent investor relations and corporate communications firms with a national office network and international access," said Joe Allen. "It is a distinct advantage to partner with Dresner, as we have similar cultures and values. Allen & Caron has strong expertise in working with small cap and early-stage companies, and with life sciences and medical device companies, technology and alternative energy companies, cross-border companies, shipping and natural resources. We bring strong familiarity with ADRs, reverse mergers, direct shares, and uplistings from OTC to national exchanges as well."

Steven M. Dresner, President and Founder of Dresner Partners and Dresner Corporate Services, said, "I am very pleased to be working with Joe and Rene, who have been successful in establishing Allen & Caron as one of the most admired independent investor relations firms over the past 35 years. They've built a reputation for excellent client service and strong results that fits well with the Dresner Companies. We see strong potential for collaboration among our investor relations and public relations practices and our investment banking affiliate, Dresner Partners, to further enhance the value we provide to clients in the U.S. and abroad, and to serve new markets with innovative services."

Dresner Corporate Services acquired The Investor Relations Company in 2011. Dresner Corporate Services is also affiliated with Dresner Partners, a FINRA-registered middle-market investment bank headquartered in Chicago with offices in New York City, Palo Alto, Calif., and Richmond, Va. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. For more information, please visit www.dresnerir.com, www.allencaron.com, www.dresnerpartners.com and www.imap.com.