Solium
 | |
| Public | |
| Traded as | TSX: SUM |
| ISIN | 🆔 |
| Industry | Software |
| Founded 📆 | 1999 |
| Founder 👔 | |
| Headquarters 🏙️ | , Calgary , Canada |
Area served 🗺️ | Worldwide |
Key people | Marcos Lopez (CEO) |
| Products 📟 | Shareworks
|
| Revenue🤑 |  US$77.2 million (2016) |
| Members | |
Number of employees | |
| 🌐 Website | solium |
| 📇 Address | |
| 📞 telephone | |
Solium Capital, commonly referred to as Solium, is a publicly traded Software-as-a-Service (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]
History
Solium was founded 1999 by two Calgary-based financial advisers, John Kenny and Mark Van Hees.[4] In 2001, the company made its initial public offering (IPO)[5] on the TSX Venture Exchange. Early clients included TransAlta, Encana Corp., and Shell Canada Ltd.[2] In 2004, Solium became profitable.
In 2010, Solium acquired Computershare's Transcentive business.[6] In this transaction, Solium acquired the Express Options software platform, which UBS white-labeled.
In 2011, Solium opened an office in London, UK.[2]
In 2012, Solium acquired the CapMx business from Silicon Valley Bank. [7]
In 2013, Barclays Corporate and Employer Solutions announced a partnership with Solium to white-label Shareworks.[8]
In 2014, Solium opened an office in Sydney, Australia.[2] Later that year, BHP Billiton became a client.[9]
Also in 2016, Morgan Stanley announced that it would use Shareworks to serve its US clients.[1]
In 2017, UBS began to white-label Shareworks to run its Equity Plan Advisory Services.[1]
In 2017, Solium acquired Capshare and let it continue to run as an independent entity.[10] [11]
Reference
- ↑ 1.0 1.1 1.2 "Yedlin: Meet Calgary's best kept tech secret". Calgary Herald. 2017-08-15. Retrieved 2018-01-12.
- ↑ 2.0 2.1 2.2 2.3 Elias, Craig (February 15, 2013). "Acquisitions accelerate Calgary tech firm's global growth". The Globe and Mail. Retrieved October 17, 2017.
- ↑ "2016 Solium Annual Report" (PDF). Solium. Retrieved October 18, 2017.
- ↑ "Solium Capital". The Calgary Herald. April 18, 2013. Retrieved October 17, 2017.
- ↑ "Initial Public Offering - Solium Capital Inc". Morningstar. October 17, 2017.
- ↑ Anderson, Darren (August 17, 2010). "Solium Capital announces acquisition of Computershare business unit". Techvibes. Retrieved October 17, 2017.
- ↑ "SVB Analytics, Inc., CapMx Business: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-10-18.
- ↑ Paterson, Jennifer (March 11, 2013). "Barclays C&ES launches global shares and reward services". Employee Benefits. Retrieved October 17, 2017.
- ↑ "A Canadian small cap stock with global ambitions". Retrieved 2018-01-12.
- ↑ Constine, Josh. "Cap table apps team up as Solium acquires Capshare". TechCrunch. Retrieved 2017-10-16.
- ↑ "Calgary's Solium Announces Acquisition of Capshare". Techvibes. Retrieved 2017-10-24.
External links
This article "Solium" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
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