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Report on Business magazine: February 2016
Report on Business magazine: February 2016

Kingsdale Shareholder sold to MDC Partners

Ten years after founding a proxy advisory firm that became the go-to shop for activist shareholders and hostile bidders in Canada, Wes Hall is selling a majority of Kingsdale Shareholder Services Inc. to MDC Partners Inc.

The transaction, to be announced Wednesday, will see Kingsdale join a financial communications and strategic advisory group within MDC. That group includes Allison+Partners, Bryan Mills Iradesso, HL Group, Kwittken + Company, Luntz Global and Sloane & Co.