Global Shares

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Global Shares
TypeSubsidiary
Industry
Founded2005; 19 years ago (2005) in Clonakilty, Ireland
FounderTim Houston
HeadquartersClonakilty, Ireland
Number of locations
18 (2022)
Area served
Worldwide
Key people
Mark Purcell (Chief Product Officer)
John Meehan (Global Business Development Director)
Products
ServicesEquity compensation administration
Number of employees
646 (2022)
ParentJPMorgan Chase
Websitewww.globalshares.com

Global Shares is a fintech company headquartered In Clonakilty, Ireland, managing employee equity plans for startups, tech companies and enterprise brands.

Its platform provides equity management and administration solutions to corporate clients and their employees. The company is regulated under MiFID and FINRA with around 650 staff members and 18 offices in the US, the UK, Germany, Spain, Portugal, Malta, Saudi Arabia, Hong Kong, Japan and China.

The company was listed in the top 30 medium-sized Best Workplaces in Ireland in 2021 (rank 17)[1] and 2022 (rank 25)[2]

In March 2022, JPMorgan Chase agreed to acquire Global Shares,[3][4] with the acquisition closing in August 2022.

Software and services

Global Shares software platform provides trading, financial reporting, business intelligence reporting, global compliance, employee portal, capitalisation table management and scenario modelling.

History and development

2005: Global shares is founded as a service-based company

2008: Tim Houstoun (current CEO) joins the company

2015: The company expands into software solutions

2017: The company wins the Deloitte 'FinTech Company of the Year' award[5]

2018: The company increases employee headcount and expands to Spain, Japan and the US.

2020: Tim is announced as a finalist in the EY Entrepreneur of the year award.[6] In the same year, the company launched a new version of its product and won the 'Company of the Year Award 2020 - IT' [7]

2021: Global Shares was listed in the top 30 medium-sized Best Workplaces™ in Ireland. The company is also the winner of Technology Ireland’s ‘Company of the Year 2021’[8]

2022: JPMorgan Chase acquired Global Shares for €665 million.[9] It is the second year the company to be listed as one of the Best Workplaces in Ireland.[2]

References

  1. ^ "Ireland's Best Workplaces 2021". www.greatplacetowork.ie. Retrieved 2022-06-22.
  2. ^ a b "Ireland's Best Workplaces 2022". www.greatplacetowork.ie. Retrieved 2022-06-22.
  3. ^ Levitt, Hannah (15 March 2022). "JPMorgan Agrees to Buy Share-Plan Software Company Global Shares". www.bloomberg.com. Retrieved 2022-06-22.{{cite web}}: CS1 maint: url-status (link)
  4. ^ "J.P. Morgan acquiring Global Shares in latest fintech move". finance.yahoo.com. 18 March 2022. Retrieved 2022-06-22.
  5. ^ "Fast 50 - Ireland's fastest growing technology company". Deloitte Ireland. Retrieved 2022-06-25.
  6. ^ "EY selects 24 finalists to battle for Entrepreneur of the Year award". The Irish Times. Retrieved 2022-06-25.
  7. ^ "Clonakilty's Global Shares recognised for its contribution to the local region". The Southern Star. Retrieved 2022-06-25.
  8. ^ "Global Shares wins 'Company of the Year' award". 2021-11-26. {{cite journal}}: Cite journal requires |journal= (help)
  9. ^ Goodbody, Will (11 August 2022). "J.P. Morgan completes takeover of Cork's Global Shares". RTÉ.