Based in 2005, World Shares has over 600 company shoppers that vary from early-stage start-ups to multinational public companies. The agency has practically $200 billion in belongings underneath administration throughout 650,000 company worker members.
Headquartered in Cork, it has greater than 600 staff throughout Europe, the Center East and Africa, North America and Asia Pacific.
In 2018, specialist fintech investor Motive Companions acquired a 40% stake within the agency. Motive has agreed to the sale, slated to shut within the second half of the yr.
JP Morgan says World Shares will bolster the vary of companies supplied to company shoppers and creates a brand new acquisition channel for its wealth administration companies.
“World Shares’ cap desk administration capabilities symbolize an essential addition to the portfolio of digital options we’re constructing for personal corporations,” stated Michael Elanjian, head, digital non-public markets, JP Morgan.,JP Morgan has agreed to purchase World Shares, an Irish cloud-based supplier of share plan administration software program. Monetary phrases of the deal weren’t disclosed.,
