What Sodali & Co does

Sodali & Co is a privately held global capital markets advisory firm headquartered in New York, London, and Sydney, with 12 regional offices serving more than 2,000 clients across 70 countries. The firm provides an integrated suite of shareholder, governance, and strategic communications services organized into three practice areas: Shareholder Services (proxy solicitation, activism defense, M&A advisory, fund solutions), Governance & Sustainability (board services, corporate governance, climate and sustainability advisory), and Strategic Communications (corporate communications, financial and transaction communications, brand and design, crisis and special situations, public affairs). Core customer segments are public companies (across FTSE, S&P, Russell, and international exchanges), sovereigns and government entities engaged in debt restructuring, mutual funds/ETFs/closed-end funds, and selected private companies pursuing M&A or IPO mandates.

The firm delivers services through a direct enterprise sales model led by Managing Directors and senior advisors, with quote-based engagement fees and multi-year contracts. Its technology stack centers on proprietary assets including the BondWatch platform for bondholder identification and communication (under Global Debt Services), AI-enabled capital markets intelligence for shareholder monitoring and activism profiling, and extensive global investor databases. A 2026 buildout of an analytics platform is being led by Brett Miller, hired from BlackRock Investment Stewardship.

Sodali's revenue model is professional services-based with project- and relationship-driven fees from advisory mandates, debt restructuring engagements (e.g., $1.36B Zambia sovereign tender offer), consent solicitations, and ongoing retainer relationships. The firm reported a record financial year for the 12 months ending June 30, 2025, and holds the #1 Global Activism Solicitor ranking from Bloomberg for FY2025 and #1 Global Proxy Firm from Diligent for 2025. Recent strategic moves include a strategic partnership with Luminous (brand and design, April 2026) and entry into Beijing's Capital Markets Service Center (May 2026), alongside a substantial expansion of the executive leadership team under CEO Andrew Benett.

Name

Sodali & Co

Legal name

Sodali & Co

Website

https://sodali.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Sodali & Co is a privately held global capital markets advisory firm serving 2,000+ public companies, sovereigns, and funds across 70 countries with integrated proxy solicitation, governance, sustainability, M&A advisory, and strategic communications services.

Ownership category

akta.pro rank

Product category

Corporate Governance and Capital Markets Advisory

NAICS

Portfolio Management and Investment Advice (523940)

akta.pro primary industry

M&A Advisory (Buy-side/Sell-side) (BPAHADAC)

akta.pro secondary industries

Strategy & Corporate Development Consulting (BPAHACAA), Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ)

Keywords

• Proxy solicitation services
• Corporate governance advisory
• Shareholder activism defense
• Capital markets intelligence
• Strategic communications advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Capital Markets Advisory Services: Professional advisory fees generated through engagement-based mandates including proxy solicitation, corporate governance consulting, shareholder activism defense, and M&A advisory. Revenue is project-based and relationship-driven, with major transactions generating significant fees. The firm reported a record year for the 12 months to June 30, 2025.
2. Proxy Solicitation Services: Fees for proxy solicitation services including information agent, tabulation agent, and solicitation agent roles in consent solicitations, debt exchanges, tender offers, and shareholder meetings
3. Strategic Communications and Consulting: Corporate communications, brand and design, climate advisory, and sustainability advisory services provided to corporations and funds

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Sodali & Co is a global capital markets advisory firm providing proxy solicitation, corporate governance consulting, shareholder activism defense, M&A advisory, and strategic communications services to public companies, sovereigns, and investment funds. The firm combines proprietary data platforms such as BondWatch for bondholder identification and AI-enabled analytics for capital markets intelligence with senior advisory expertise delivered across 12 regional offices. Services are organized across Shareholder Services, Governance and Sustainability, and Strategic Communications practice areas.

Product overview

Sodali & Co is a global capital markets advisory firm offering an integrated suite of stakeholder management services organized across three specialist practice areas: Shareholder Services (including Proxy Solicitation, Activism Defense, M&A Advisory, and Fund Solutions), Governance & Sustainability (including Board Services, Corporate Governance, Climate Advisory, and Sustainability Advisory), and Strategic Communications (including Corporate Communications, Financial & Transaction Communications, Brand & Design, Crisis & Special Situations, and Public Affairs). The firm also operates proprietary technology including BondWatch for bondholder identification and communication, and Capital Markets Intelligence services for shareholder monitoring and strategic analysis. These services are delivered through 12 regional offices globally with headquarters in New York, London, and Sydney.

Differentiator

Problem solved

Functional benefit

Brands

• Sodali 40: Activist Ownership Analysis report tracking where leading activists deploy capital, sectors attracting the most attention, and companies facing new engagement risk.
• BondWatch
• Sodali 40 Activist Ownership Analysis

Products and services

• Board Services Addresses director and shareholder concerns with board evaluation, ESG consultation, governance training, benchmarking, governance assessments, governance implementation, and engagement coaching using proprietary databases and investor networks.
• Capital Markets Intelligence Advanced shareholder monitoring and strategic analysis services providing real-time insights into stakeholder dynamics and potential activist activities, including detailed profiling for tailored investor engagement strategies.
• Corporate Communications Expert corporate communications including strategy, brand profiling, reputation management, stakeholder engagement, CSR initiatives, media training, and thought leadership for diverse clients across various industries.
• Fund Solutions Governance, proxy advisory, and solicitation services for Mutual Funds, ETFs, and Closed-End Funds, offering market analysis, strategic advisory, and campaign execution with proprietary analytics.
• Climate Advisory Helps clients with mandatory climate-related disclosures, risk management, and decarbonization strategies including greenhouse gas accounting, emissions inventory, risk assessments, scenario analyses, and target setting.
• Crisis & Special Situations Crafts impactful messages for dynamic business environments, helping clients navigate crises, seize opportunities, and manage reputational risks amid technological advancements and demands for transparency.
• Global Debt Services Specialized services to corporate and sovereign bond issuers focusing on bondholder identification and communication via the BondWatch platform, debt restructurings, liability management, ESG integration for Green Bonds, and real-time reporting.
• Sustainability Advisory Aligns clients' ESG strategies with investor expectations and industry best practices, preparing public and private clients for mandatory disclosures, digital transformation of sustainability data, and climate transition planning.
• Financial & Transaction Communications Strategic communications for M&A, IPOs, and distressed situations including media relations, analyst relations, and financial calendar support for FTSE 100, FTSE 250, AIM-listed, and private companies.
• Activism Preparation & Defense Supports companies in proactively addressing and managing activist shareholder actions through comprehensive strategies including vulnerability assessments, stakeholder analysis, and communication planning.
• Corporate Governance Manages shareholder expectations, enhances engagement, and monitors ESG trends through governance reviews, strategic advice, policy development, board assessments, director education, and risk management.
• Investor Relations Comprehensive investor relations support ranging from top-level advice to fully outsourced IR, including diagnostic tools, capital markets intelligence, corporate reporting, analyst and investor engagement, ESG advisory, and transaction support.
• M&A Advisory Integrated services for tender offers, mergers, SPACs, and cross-border transactions leveraging local insight and strategic planning to maximize shareholder support, including Information Agent services and governance advisory.
• Public Affairs & Campaigns Leverages parliamentary experience to offer emergency lobbying, legislative campaigns, and political storytelling including crisis lobbying, government contract management, media and select committee training.
• Proxy Solicitation Services Facilitates successful shareholder meetings through expert logistics, global investor outreach, and precise vote tabulation with tailored solicitation plans and post-meeting reports.
• Research Customized research services including data-driven investor and wider stakeholder perception research to help companies drive performance, manage risk, and foster corporate reputation for enhanced valuation and stakeholder capital.
• Brand & Design Empowers companies to drive engagement through strategic design and communication combining brand identity, investor communications, and employee engagement capabilities including Annual and Sustainability Report Design, Corporate and Investor Presentations, Brand Identity Design, and Digital Design.
• BondWatch Proprietary platform for bondholder identification and communication used within Global Debt Services to support debt restructurings, liability management, and real-time reporting for corporate and sovereign bond issuers.

Quantifiable outcome

• 2,000+ clients served across 70 countries
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered regional and strategic.

• Beijing Capital Markets Service CenterregionalStrategic or Co-development Partner · 8 May 2026Sodali & Co entered Beijing's Capital Markets Service Center in May 2026, strengthening its Asia presence. This strategic entry enables the firm to better serve clients in the Chinese capital markets.
• LuminousstrategicStrategic or Co-development Partner · 1 April 2026Sodali & Co entered a strategic partnership with Luminous in brand and design, announced April 1, 2026. The partnership enhances Sodali's service offering by combining Luminous's design expertise with Sodali's governance and communications capabilities.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Brunswick Group: Global strategic communications and advisory firm with M&A advisory, shareholder engagement, and crisis services — the closest direct competitor to Sodali's Strategic Communications and M&A Advisory practices.
• FTI Consulting: Global advisory firm with a dedicated Strategic Communications segment providing M&A communications, shareholder activism defense, proxy solicitation support, and crisis advisory — directly overlapping Sodali's core offerings.
• Georgeson: Specialist proxy solicitation and corporate governance advisory firm (a Computershare company), directly competing with Sodali in proxy solicitation, information agent, and tabulation services.
• Innisfree M&A Incorporated: Independent proxy solicitation and M&A advisory firm specializing in shareholder activism, contested situations, and proxy contests — a focused direct competitor in Sodali's activism defense business.
• Joele Frank: Specialist financial communications and shareholder advisory firm serving public companies on M&A, activism, and strategic situations — closely comparable to Sodali's Financial & Transaction Communications and Activism Defense practices.
• ICR: Strategic communications and advisory firm providing investor relations, M&A communications, and crisis advisory to public companies — overlapping with Sodali's IR, financial communications, and crisis services.
• H/Advisors (Havas): Global strategic communications advisory network (part of Havas) with M&A, shareholder engagement, and financial communications — directly competing with Sodali's strategic communications and IR practices.

Broad incumbents

• Lazard: Global investment bank with a market-leading M&A advisory practice and adjacent capital markets advisory services — competes for cross-border M&A mandates and shares clients with Sodali's M&A Advisory practice.
• Houlihan Lokey: Global investment bank with a large M&A advisory franchise and Financial Restructuring practice — competes in cross-border M&A advisory and liability management, the same space where Sodali's Global Debt Services operates.

Emerging players

• Glass Lewis: Leading proxy advisory firm providing voting research and governance analysis — adjacent to Sodali's governance advisory and Capital Markets Intelligence services, with growing overlap in activist defense and ESG analytics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/sodalico
• LinkedInlinkedin.com/company/sodalico

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sodali & Co