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Okapi Partners, a Leading Proxy Solicitation and Investor Response Firm, Launches London Office and Forms Strategic Partnership with Investor Update Ltd.




Expanded Global Reach and Extensive Range of Capabilities Will Serve the Needs of Corporate and Investor Clients of Both Firms  

NEW YORK and LONDON, Sept. 7, 2023 /PRNewswire/ — Okapi Partners LLC, a recognized leader among proxy solicitation and investor response firms, today announced the opening of its London office and a strategic partnership with Investor Update Ltd., a prominent London-based shareholder intelligence and Investor Relations and Advisory firm. These initiatives will provide an expanded presence in global markets and the ability to offer a comprehensive range of strategic services for corporate and investor clients, including expanded market intelligence, surveillance, corporate advisory and proxy solicitation. 

Okapi Partners, which has been rated the top proxy solicitation firm for shareholder activism campaigns by Insightia, Bloomberg and others, noted that having a physical presence in Europe will enable the firm to better serve the needs of corporate clients and institutional investors in a rapidly changing global corporate governance landscape. The partnership with Investor Update will expand Okapi Partners’ existing strong stockholder identification and market intelligence capabilities and bolster its proxy solicitation resources by providing the ability to offer these services to a global clientele, complemented by Investor Update’s ESG and Corporate Advisory offerings.  

Patrick McHugh, Co-Founder and Senior Managing Director of Okapi, will lead the firm’s London expansion. Tony Quinn, who has headed Investor Update’s Proxy Solicitation team since 2020, has transferred to Okapi Partners as Senior Managing Director, and will report to Mr. McHugh. Mr. Quinn is an experienced proxy solicitor and investor response professional with more than 30 years of experience in shareholder activism campaigns, merger and acquisition transactions, and corporate proxy solicitation. In addition to the initial professional staffing in London, Alexandra Higgins, a Managing Director at Okapi Partners, will be joining the London office to spearhead the firm’s Governance Consulting practice in EMEA while continuing to serve her current clients.

“The marketplace for proxy solicitation and investor response services evolves in extremely dynamic and complex ways sculpted by forces that include economic volatility, investor activism, ESG policies and practices, changing regulatory imperatives, and an increasingly challenging M&A environment,” said Bruce H. Goldfarb, President and Chief Executive Officer of Okapi Partners. “I am delighted that our London initiative is being spearheaded by Pat McHugh, our firm’s Co-Founder, which, in concert with our partnership with Investor Update, is indicative of our strong commitment to assist corporations and investors around the globe as they face these challenges.”

Patrick McHugh added, “The new London office and our partnership with Investor Update will enhance Okapi Partners’ ability to provide a full range of solicitation and investor response services, not only in the UK, but also throughout Europe as well as Japan and other key markets in Asia. I have worked with Tony Quinn on numerous and varied transactions over the past 30 years, ever since we started our careers at Georgeson, and I’m excited that he is joining us as the cornerstone of a growing team with a solid in-market presence and an experienced global perspective.”

Patrick Mitchell, Managing Partner of Investor Update, commented, “Our firm has built a reputation for world-class expertise and a commitment to excellence in shareholder intelligence, ESG Analytics, Corporate Advisory and proxy solicitation. Partnering with Okapi will strengthen our collective resources and enhance our ability to deliver actionable insights, solid execution and impactful results for our clientele.”

About Okapi Partners LLC
Founded in 2008, Okapi Partners is a leading strategic proxy solicitation and investor response firm that provides a full range of solicitation and information agent services, as well as support for M&A transactions, activist-related strategies, corporate governance and ESG consulting, market intelligence, and advisory services. Okapi represents corporations, institutional investors, investment management companies and their management firms, private equity firms, and hedge funds, and provides them with superior intellectual capital, industry relationships and execution capabilities.

About Investor Update
Investor Update was established in 2017 to provide corporate investor relations teams and their advisors with unparalleled shareholder intelligence and IR services. With the market’s most experienced shareholder intelligence teams, built on decades of experience, the firm identifies and tracks key investors with pinpoint accuracy, complemented with innovative solutions such as in-depth investor targeting, ESG benchmarking, ESG and Corporate Advisory, and perception studies.

Media Contact:
Zach Kouwe
Dukas Linden Public Relations

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PTI Secures €1.2 Billion Multi-Jurisdiction Transaction




NEW YORK, Sept. 28, 2023 /PRNewswire/ — Phoenix Tower International, LLC (“PTI”), through its Spanish subsidiary (PTI Iberica V, S.A.) announced today that it has closed a new €1.2 billion senior credit facility in Europe to consolidate its existing loans and provide substantial additional capacity to support further growth both in existing and new markets in Europe. 

The transaction comprised of the following senior secured facilities: (i) a €700 million term loan, (ii) a €400 million delayed draw term loan, (iii) a €50 million revolving credit facility, and (iv) a €50 million debt service reserve facility, all of which are due in September 2030 (7 years). Proceeds from the facilities will be used to: (i) repay existing indebtedness including related fees and expenses,  (ii) fund capital expenditure requirements and acquisitions, including the recent acquisition of the French portfolio of wireless tower assets from Cellnex (1,226 sites hosting SFR), and (iii) fund working capital requirements.

“The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal. The financing will allow us to strengthen our commitment to the region, as we continue to construct and invest in digital infrastructure in markets that are experiencing a rising demand for connectivity and technological upgrades. We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers”, said Dagan Kasavana, Chief Executive Officer of PTI.

“By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth. Raising €1.2 billion in the current market environment speaks to the strength of PTI’s business model and underscores the lender community’s appetite to support the expansion of digital connectivity. We are pleased to partner with such a strong lender group in this landmark transaction”, said Michael Bremer, Chief Financial Officer of PTI.

Natixis Corporate & Investment Banking (“Natixis”) acted as Structuring Bank. Natixis and Deutsche Bank AG acted as Lead Bookrunners and Mandated Lead Arrangers, ABN AMRO Bank N.V., ING Bank N.V., and Scotiabank (Ireland) Designated Activity Company acted as Mandated Lead Arrangers and Bookrunners, BNP Paribas and MUFG Bank acted as Mandated Lead Arrangers, and Citibank Europe PLC Dublin, Mizuho Bank Europe, and Toronto Dominion Bank acted as Participants. Natixis also acted as Facility Agent, Security Agent and Financial Modelling Bank, while ING Bank N.V. has been appointed as Sustainability Coordinator.

Freshfields Bruckhaus Deringer acted as external legal counsel of the company, and Allen & Overy acted as external legal counsel of the lenders.

About PTI

PTI, through its subsidiaries, owns and operates over 22,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean. In Europe, PTI is present in several countries including France, Italy, Ireland, Malta and Cyprus.

PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI’s investors include funds managed by Blackstone, Wren House and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit

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BranchOut Food Inc. Expands Partnership with EnWave Corporation. Increasing Manufacturing Capacity by an Additional ~$15mm Annually & Secures Additional Product Exclusivities.




BEND, Ore, Sept. 28, 2023 /PRNewswire/ — BranchOut Foods Inc. (NASDAQ: BOF), the global trailblazer in GentleDried natural snacks and superfood ingredients, is proud to announce a significant expansion of its partnership with EnWave Corporation (TSX-V: ENW | FSE: E4U). BranchOut has agreed to purchase a second large-scale, continuous throughput dehydration machine from Enwave. Under the terms of the new Equipment Purchase Agreement (the “Agreement”), the 120kW REV™ machine is slated for delivery to BranchOut in late calendar 2024 and will add an additional $15mm in estimated topline capacity.

Eric Healy, CEO of BranchOut Food Inc., emphasized, “We are confident that this increased capacity will align perfectly with our growth trajectory, especially in light of our recent commitments from major retailers and the substantial sales pipeline we have established.”

Enwave’s Radiant Energy Vacuum (REV™) technology and associated patent portfolio was previously licensed to BranchOut along with exclusivity for its original core products. Under the new Agreement, the product exclusives have been significantly expanded to encompass the new and innovative products BranchOut has recently developed and will be launching in the very near future.

About BranchOut Food Inc.: BranchOut is an international food-tech company delivering truly great natural snacks and real superfood ingredients enabled by their licensed dehydration technology. BranchOut Food is a leading provider of high-quality dehydrated fruit and vegetable-based products and its commitment to quality and innovation sets it apart as a trusted brand and private label supplier. For more information about BranchOut Food Inc. and its products, please visit

About EnWave: EnWave Corporation stands as a global leader in vacuum microwave dehydration innovation and application. Operating from its headquarters in Vancouver, BC, EnWave boasts an impressive intellectual property portfolio and has refined its Radiant Energy Vacuum (REV™) technology into a proven, consistent, and scalable drying solution. This revolutionary technology outperforms traditional drying methods in terms of efficiency, capacity, product quality, and cost.

Media Contact:

BranchOut Food Inc. 
Email: [email protected]

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SIGMA Financial AI unveils Akili-AI: Cutting-Edge, AI-based, no-code suite of tools for traders




– Augments trader’s interactions and transforms decision-making capabilities

– Handles the full extent of structured to unstructured financial data

– Mitigates portfolio exposure risk and accelerates speed to market

LONDON, Sept. 28, 2023 /PRNewswire/ — SIGMA Financial AI, an innovator in developing AI-driven trading solutions, launches Akili-AI*, a sophisticated suite of enterprise-ready trading strategy tools. Akili-AI is a cutting-edge, no-code solution enabling data-driven insights to support the specialist needs of the global financial services trading community.

Akili-AI incorporates machine learning (ML) and natural language processing (NLP) to deliver agile tools which are more intelligent, faster and easier to use, enabling traders to create strategies at a scale and speed unachievable without AI support. Completely asset-class and instrument-agnostic, the Akili-AI system streams real-time trading data, allowing users to screen, test and design complex trading strategies promptly. 

Their SaaS-based Pattern matching platform (Patterns as a Service) helps traders monitor thousands of instruments in real-time, scanning charts for momentum changes, technical signals, support, and resistance zones. The NLP research function supports fundamental and technical qualifications from thousands of news, social media and traders’ data. Akili-AI’s flexible modular architecture, built using modern protocols, is cloud-based and scales to support the largest trading enterprises.

Andy Simpson, Co-founder and CEO, commented, “Traders are having to cope with a constant squeeze on their book; this, combined with a huge increase in data volumes, has created the need for transformative solutions which can help them find an edge. They need the ability to find new liquidity fast, enhance their trade execution capabilities, and reduce portfolio risk; Akili-AI can deliver all this at a lower cost point and faster than ever.”

“Akili-AI transforms market interaction and improves productivity by liberating traders from the constraints imposed by long-established, outdated working practices and legacy technology infrastructures. Accelerated speed to market is crucial in an industry where every second counts. Our mission is to provide AI-based solutions which enhance the human experience – not replace them – helping to generate more revenue and increased profitability,” Andy continued.

Rob Maunder, Co-founder and Chief Commercial Officer, said, “Our pioneering and creative team is an unusual blend of deep financial services experience, phenomenal engineering and world-class AI technologists who bring an unrivalled track record of developing new platforms at pace. We break the mould by delivering incredible engineering of low-latency, highly scalable systems drawing on more than a decade of generative AI experience in the social media and music industries.”

Andy concluded, “Akili-AI is the start of a refreshingly different journey of technological change; watch this space. There is much more to come.”

Akili-Ai will be showcased in the Innovators Pavilion at the FIA’s Futures and Options Expo on October 2-3, 2023 at the Sheraton Grand Chicago Riverwalk.

*Akili is the Swahili word for intelligence.

About SIGMA Financial AI:

We provide traders with a set of tools that are faster, smarter and easier to use. Our AI machine learning product suite unlocks trading opportunities through real-time analytics underpinned by world-leading, scalable, ultra-low latency architecture.

Note to Editors: For more information about SIGMA Financial AI, please visit

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