NEW YORK, Feb. 7, 2017 /PRNewswire/ -- In 2016, 70% of the Top 10 law firms that specialize in the SEC transactions required by the Securities Act Of 1933, worked with Vintage, the capital markets, corporate services and institutional & mutual fund services division of PR Newswire. These filings, including IPOs, secondary offerings and Regulation A+ registrations, are very complex legal documents that require an immaculate attention to detail and extensive expertise in financial publishing.
"In 2016, Vintage deepened our standing as a top three solution for law firms and their clients," said Liam Power, President of Vintage. "Regardless of the scale of the work or the size of the company, all our clients equally experience our promise of delivering 'fast-turns and spot-on' execution from our operations and client support teams."
"Judging by the direct feedback from our clients, we are fulfilling our promise as well as meeting the stricter budget scrutiny that more securities law firms are facing from their corporate clients," continued Power. "It was very evident, in 2016, that our absolute cost transparency and invoicing was a key factor driving our success."
The capstone of Vintage capital markets group is its IPO and transaction drafting sessions. The company has defined three models for these sessions, based on the flexibility and budget the client requires and not a one-size-fits-all approach.
- Vintage office location: a traditional session model
- Client-selected location: minimum travel and billable hours while allowing senior executives to keep abreast of their daily workload
- 100% virtual: the most cost and time efficient alternative
Securities law firms, like Sichenzia Ross Ference Kesner LLP, work with Vintage and the process that best suits their own issuer clients' needs.
"We are very proud to be recognized as the 7th most active law firm in the United States for transactions involving public offerings in 2016, after ranking #12 in 2015 and 2014," said Gregory Sichenzia, Partner, Sichenzia Ross Ference Kesner LLP.
"These rankings reflect the continuation of our commitment to excellence through servicing the needs of public companies, their investors and the financial services community. We thank our friends at Vintage for their help and support," finished Sichenzia.
Absolute cost transparency is a hallmark of the Vintage approach, and a key part of their ability to deliver value to our client, presenting pricing simply, clearly and to the level of detail that matters to clients. In fact, Vintage pioneered the concept of open, up-front and transparent pricing.
In addition to capital markets practice group that works with law firms, investment banks and M&A deal-drivers, Vintage also supports two other practice groups:
- Corporate Services, which supports public companies with compliance and investor relations solutions
- Institutional & Fund Services for investment management and mutual fund organizations
Vintage is headquartered in New York City with regional sales and service offices throughout the US and internationally. The company is now part of the expanding and worldwide Cision, Inc. organization.
A brief video explaining transaction drafting sessions can be viewed here: http://promotions.prnewswire.com/Vintage-transaction-solutions.html
Vintage, a PR Newswire division, is a top-three provider of full-service regulatory compliance and shareholder communications services, delivered across our three practice areas: Capital Markets, Corporate Services and Institutional & Fund Services. Founded in 2002 and acquired by PR Newswire in 2007, Vintage has evolved to become the industry's intelligent value choice. We deliver a flexible balance of people, facilities and technology to ensure that regulatory compliance and shareholder communications processes are efficient, transparent and painless. Services include IPO registrations, transactions, virtual data rooms, EDGAR & XBRL filing, typesetting, financial printing and investor relations websites.
About PR Newswire
PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions. Cision is a leading global media intelligence company, serving the complete workflow of today's communication professionals.
Bradley H. Smith
Director of Marketing, IR and Compliance Services
PR Newswire & Vintage