Solium Capital acquires equity management platform Capshare

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fintech insurtech wealthtech regtech ai cybertech esg news

Equity management platform Solium Capital has acquired Capshare in an undisclosed deal.

Solium is a cloud-enabled equity administration, financial reporting and compliance platform. Currently with offices in the US, UK, Europe and Australia, the platform offers clients the ability to share plan administration and equity transactions with over 3,000 corporate clients in the network.

Nevada-headquartered Capshare is a web-based equity management platform that helps private companies to issue stock and manage equity in a single place.

Following the deal, Capshare will continue to operate as an independent business, focusing on early-stage private companies, but supported by Solium’s technology. This acquisition means Solium is able to serve startups and bring them into their global network.

As part of the acquisition, Solium will invest capital into Capshare to help it triple its development team. Solium’s services will become available to Capshare’s customers once they have matured.

Capshare founder and CEO Jeron Paul said, “The private company market for equity management and valuations is going through an evolution. Companies are abandoning spreadsheets and are looking toward a single provider for services like 409A, stock option expensing, shareholder relations and board management. Solium is the perfect partner to help Capshare’s customers succeed in this changing market.”

Earlier this month investment management platform Dynamo Software secured an undisclosed investment from Francisco Partners, for a majority stake in the company. The round of funding will help the company to support its growth and product innovation.

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