Cape Town – March 19, 2015 – As part of its continued commitment to the region, Ipreo, a leading global provider of market intelligence and productivity solutions to investment banks and corporations, is expanding its operations in Cape Town in 2015, starting with a new office launch that took place on 11th March.
In addition to members of Ipreo company leadership, participants in the ribbon cutting ceremony also included Solly Fourie, Head of the Department of Economic Trade and Tourism of the Western Cape Government; Gareth Pritchard, CEO of Business Process enabling South Africa; Ian Iverson, Ward Councillor, Subcouncil 20 (Chairperson), Ward 59, City of Cape Town; and Mike Nixon, Owner of New Property Ventures. Both Iverson and Nixon are also members of the Board of Directors of Claremont Improvement District Company.
“Congratulations to the Ipreo team,” said Pritchard in his ceremony remarks. “You’ve created a culture already that has given you the platform to deliver for many years to come. Thank you for the way you’ve gone about doing your business here; thank you for building this wonderful site.”
“For us it’s all about how we add to the creation of jobs and economic growth for this region,” said Fourie in his remarks. “For me it is such a heartwarming experience to see the kind of talent that we’ve got in the Western Cape being showcased across the world.”
The Ipreo brand was first established in Cape Town in February 2008, when Ipreo acquired CapitalBridge. CapitalBridge, formerly known as Citigate Financial Intelligence and Citigate Dewe Rogerson, launched its Cape Town operation in 2002.
“In support of Ipreo’s rapid growth, we continue to expand our operations across all markets,” said Paul Lucas, EVP & Managing Director of International Operations at Ipreo, in a previous statement. “The Cape Town expansion is a key component of our global growth strategy, further enhancing our ability to develop Ipreo’s business and relationships in the Sub Saharan region, while continuing to provide mission-critical market intelligence to our clients here in Africa and the rest of Europe, Asia, & the Americas.”
Ipreo is a global leader in providing market intelligence, data, and technology solutions to all participants in the global capital markets, including sell-side banks, publicly traded companies, venture capital and private equity firms, and buy-side institutions. From pre-public, through new issuance and ongoing investor management, Ipreo’s unique solutions drive connectivity and efficiency throughout all stages of capital-raising. Ipreo is private-equity held by Blackstone and Goldman Sachs Merchant Banking Division, and has more than 800 employees supporting clients in every major financial center around the world. For more information, please go to www.ipreo.com.
- For Ipreo
- Kate McKay
- Managing Director, Global Marketing & Communications