Source: EIN Presswire
KingsCrowd, a data and analytics provider in the investment crowdfunding sector, has announced the acquisition of CrowdCheck.
CrowdCheck has been a leading advisory firm in the investment crowdfunding sector for over a decade, providing institutional-grade support to issuers and platforms that enable online capital formation. The team has been at the forefront of providing legal and compliance support for issuers for all the offerings that can be made online without Securities and Exchange Commission (SEC) registration, including offerings under Regulation A, which requires SEC qualification, Regulation CF and Rule 506(c). As the crowdfunding market and the companies accessing it have matured, CrowdCheck has assisted its clients in becoming listed on stock exchanges and becoming fully-reporting public companies with the SEC.
Chris Lustrino, founder and CEO of KingsCrowd, commented: “I have long admired CrowdCheck and thought very highly of Sara Hanks, the Founder of CrowdCheck and long-time advocate for our entire industry. The team she built and the trust she has created in this market is unparalleled. The chance to bring our capabilities together to provide the best-in-class suite of founder advisory tools in the investment crowdfunding landscape is a major opportunity to advance the Kingscrowd business forward and the industry at-large.”
As part of the acquisition, the CrowdCheck team will be joining full-time to continue to provide its extensive suite of services to all of its current and future customers. Kingscrowd plans to leverage its data and software capabilities to continue to enhance the customer experience and pair CrowdCheck’s ongoing reporting capabilities with the Kingscrowd investor relations platform launching this Spring.
“For some time, it’s been clear that an alliance with Kingscrowd has made a tremendous amount of sense; our services complement where they don’t overlap. Kingscrowd’s technology and data will permit CrowdCheck to deliver its services on an ever more efficient and comprehensive basis,” said Sara Hanks, Founder of CrowdCheck.
“Acquiring CrowdCheck allows us to solidify our position as the go-to founder advisory service for the investment crowdfunding landscape and we look forward to partnering with the entire CrowdCheck team,” says Lustrino.
Read the full article: https://www.einpresswire.com/article/801729052/kingscrowd-acquires-crowdcheck-the-leading-legal-advisory-firm-in-investment-crowdfunding
