Prospect of growth spurs acquisition
Cloud-based investor relations and capital market solutions group Q4 has acquired Euroinvestor IR Solutions, a European provider of interactive stock quotes and news applications for IR websites.
The Euroinvestor platform, which supports 45 stock exchanges worldwide in 21 languages, will be used by Q4 to expand coverage available in its investor website product and Q4 Desktop.
The acquisition will result in a newly formed subsidiary, Q4 Euroinvestor, with its head office, management team and workforce continuing to be based in Copenhagen, Denmark, the home of Euroinvestor. The firm plans to grow its workforce, adding to the support and sales teams and open offices in the UK and France.
‘We see this as a huge opportunity,’ says Darrell Heaps, CEO of Q4. ‘Not only will this acquisition accelerate our growth, but it will also extend the value of our offerings and allow us to work with any listed company in any country around the globe.’
Carsten Bach, Euroinvestor IR Solutions general manager, adds: ‘Listed companies in Europe and the wider world now focus the majority of their communication efforts through their website and mobile applications. Joining Q4 will allow us to grow faster and offer all of Q4’s superior investor website, webcasting, desktop and shareholder ID services to our current and new clients.’
Euroinvestor IR Solutions was established in 2003 by Euroinvestor.com to provide stock quotes and charts to European clients. Over the past 13 years it has grown its technology platform to provide a wide array of quote and charting-related applications.
