The Tower Group, a provider of research subscription and consulting advisory services, retained Shields & Company to find a suitable global partner and to structure a transaction which maximized shareholder value and increased its resources as a division of a well-capitalized, global company. Shields & Company facilitated the Tower Group's sale to Reuters Group PLC, the premier global news and information group. The company's shareholders reached their transactional objectives upon achieving substantial liquidity, and the Tower Group received additional investment capital to pursue outstanding growth and leadership prospects.
Shields & Company acted as a financial advisor to The Tower Group in the above transaction.