Solium Capital , now known as Shareworks by Morgan Stanley , is a subscription-software ( SaaS ) company headquartered in Calgary , Alberta , Canada . It is best known for Shareworks, software used by public and private companies to manage their employee stock options and/or cap tables . It also does 409A valuations (see Internal Revenue Code section 409A ). The company has ~3,000 clients and has offices in Canada , the United States , the UK , Europe and Australia . Morgan Stanley announced a definitive agreement to acquire Solium in February 2019 for approximately CAD$ 1.1 billion (US$ 900 million), a 40% premium over the recent trading price.
8-463: Solium was founded 1999 by two Calgary-based financial advisers, John Kenny and Mark Van Hees. In 2001, the company made its initial public offering (IPO) on the TSX Venture Exchange . Early clients included TransAlta , Encana Corp. , and Shell Canada Ltd . In 2004, Solium became profitable. In 2010, Solium acquired Computershare 's Transcentive business. In this transaction, Solium acquired
16-465: A client. In 2016, Morgan Stanley announced that it would use Shareworks to serve its U.S. clients. In 2017, UBS began to white-label Shareworks to run its Equity Plan Advisory Services. In 2017, Solium acquired Capshare and let it continue to run as an independent entity. in 2018, Solium acquired Advanced-HR, a U.S. company that provides compensation data and compensation planning software for private and venture backed companies. In 2019, Solium
24-956: The Vancouver Stock Exchange (VSE) and the Alberta Stock Exchange (ASE). The focus of the CDNX was junior companies, i.e., those whose assets, business and market capitalization were too small to be listed on the Toronto Stock Exchange (TSX). Often, these were resource exploration companies, but also came to include new high technology ventures. The exchange had its corporate headquarters in Calgary, Alberta, and its Operations headquarters in Vancouver , British Columbia , with additional offices in Toronto and Montreal . The small-cap portion of
32-726: The Exchange does not have a "trading floor". It was previously known as the Canadian Venture Exchange ( CDNX ), but in 2001 the TSX Group (now known as the TMX Group ) purchased it and renamed it. The TMX Group also owns the Toronto Stock Exchange (TSX). The Toronto Stock Exchange is the senior equity market, while the TSX Venture Exchange is a public venture capital marketplace for emerging companies. As of November 2010,
40-615: The Express Options software platform, which UBS white-labeled . In 2011, Solium opened an office in London , UK. In 2012, Solium acquired the CapMx business from Silicon Valley Bank . In 2013, Barclays Corporate and Employer Solutions announced a partnership with Solium to white-label Shareworks. In 2014, Solium opened an office in Sydney , Australia . Later that year, BHP Billiton became
48-556: The TSX Venture Exchange had 2,364 listed companies with a combined market capitalization of $ 60,811,203,235. The Canadian Venture Exchange was created in Canada on November 29, 1999 as a result of an agreement among the Vancouver, Alberta, Toronto and Montreal exchanges to restructure the Canadian capital markets along the lines of market specialization. The CDNX was created by the merger of
56-465: The equities market of the Bourse de Montréal (MSE) was also merged into CDNX at this time. The Winnipeg Stock Exchange merged into the CDNX, and trading on WSE securities ceased Nov 24 2000, and eligibile listings were transferred to CDNX on Nov 27 2000. This article about stock exchanges is a stub . You can help Misplaced Pages by expanding it . This article about a Canadian corporation or company
64-466: Was acquired by Morgan Stanley at a price of CAD$ 19.15 per Common Share . The total transaction was valued at approximately CAD$ 1.1 billion (US$ 900 million). TSX Venture Exchange The TSX Venture Exchange is a stock exchange in Canada . It is headquartered in Calgary , Alberta , with offices in Toronto , Vancouver , and Montreal . All trading through the Exchange is done electronically, so
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