Innisfree has been named the top proxy solicitor for companies—globally and in the U.S.—by Bloomberg’s 2020 Global Activism Market Review, both in terms of number of engagements and the value of activists’ stakes. Innisfree also earned the top company proxy solicitor award in Activist Insight’s 2020 Adviser Award competition, based on number of company representations in activist situations. Innisfree has topped both league tables since their inception.

Innisfree’s 2020 activism engagements included: HP in its successful defense against the unsolicited offer by Xerox; Tegna in its proxy contest defense against Standard General; successful proxy contests at Mack-Cali and USA Technologies; Pattern Energy in its completed merger with the Canada Pension Plan Investment Board despite opposition from Water Island Capital; and several closed-end funds in the Legg Mason and Royce Investment complex that were targeted by activist investors Saba and Bulldog.

Arthur B. Crozier, Innisfree’s Chairman, noted, “The pandemic obviously posed serious challenges for all market participants this year. We are grateful for our clients’ confidence in us during this turbulent time and the expertise and support of our fellow advisors. None of Innisfree’s accomplishments, however, would have been possible without the hard work and dedication of our extraordinary employees that enabled us to serve our clients seamlessly and to deliver great results. No doubt 2021 will present its own challenges, but we look forward to continuing our long-standing track record of helping clients achieve their objectives when it matters most.”

About Innisfree

Founded in 1997, Innisfree M&A Incorporated, along with its wholly-owned London subsidiary Lake Isle M&A Incorporated, is a high-stakes shareholder engagement firm, delivering shareholder intelligence, strategic advice and proxy solicitation services to the world’s leading corporations and investors when it matters most. Its integrated approach and unsurpassed analytics--ActiveIQ™--set Innisfree apart as the firm of choice. Innisfree provides expert advice on a wide range of matters, including shareholder activism, executive compensation proposals, corporate governance issues and investor relations.

With an experienced professional staff in New York, London and Pittsburgh, Innisfree has represented hundreds of companies in over 20 countries. www.innisfreema.com