Solium

Solium
Company typePrivate
TSX: SUM - Former Symbol
IndustryFinancial services, Software
Founded1999; 25 years ago (1999)
FateAcquired by Morgan Stanley
Headquarters
Calgary
,
Canada
Area served
Worldwide
Key people
Marcos Lopez (CEO)
ProductsShareworks
  • Equity Administration
  • Financial Reporting
  • Participant Experience
  • Forms Filing
  • Global Intelligence
  • Cap Table
  • Scenarios
  • Mobile App
  • 409A Valuations
RevenueIncrease US$108.3 million (2018)
Number of employees
781
Websitewww.shareworks.com

Solium Capital, now known as Shareworks by Morgan Stanley, is a subscription-software (SaaS) company headquartered in Calgary, Alberta, Canada.[1] 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[2] and has offices in Canada, the United States, the UK, Europe and Australia.[3][4] Morgan Stanley announced a definitive agreement to acquire Solium in February 2019[5] for approximately CAD$1.1 billion (US$900 million), a 40% premium over the recent trading price.[6]

  1. ^ Cite error: The named reference :6 was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference :0 was invoked but never defined (see the help page).
  3. ^ "2016 Solium Annual Report" (PDF). Solium. Retrieved October 18, 2017.
  4. ^ "Solium Capital is a buy, says Canaccord Genuity". Cantech Letter. 2017-05-30. Retrieved 2018-02-02.
  5. ^ The Canadian Press, "Morgan Stanley buying Calgary-based Solium Capital for $1.1 billion" (Can$), Calgary Herald, February 11, 2019. Retrieved 2019-02-11.
  6. ^ Hoffman, Liz, "Morgan Stanley, in Biggest Deal Since Crisis, Courts Future Millionaires" (subscription required), Wall Street Journal, February 11, 2019. Retrieved 2019-02-11.