Crowd Valley, on its part, was looking for a company which could provide independent and reliable valuations for its clientele. CEO, Markus Lampinen said, "the growth and globalization of the crowdfunding and private securities market is driving the need for more information so that investors can make informed decisions. We believe Zacks is well positioned to provide much needed information and transparency in this emerging market, in large part because Zacks is an established and respected public and private company research market leader, with an outstanding reputation among US financial industry actors. This is the type of credibility needed in the international securities crowdfunding space."
Read the full press release below.