Jamieson is delighted to announce that it has advised the management team of Global Shares plc on the terms of their management incentive arrangements as part of the sale of the business to J.P. Morgan.
Founded in 2005, Global Shares has an expansive client base of over 600 corporate clients that range from early-stage start-ups to mature multinational public corporations. The firm has nearly $200 billion in assets under administration across 650,000 corporate employee participants. It operates with an experienced team of more than 600 employees headquartered in Cork, Ireland and 16 further locations across Europe, the Middle East & Africa, North America and Asia Pacific. Since July 2018, Global Shares has been partnered with specialist fintech investor, Motive Partners.
Commenting on the announcement, Tim Houstoun, CEO of Global Shares, said: “We are tremendously excited to partner with J.P. Morgan and to continue on our journey of being a leading player in equity incentive services. Together, we will accelerate the expansion of our business globally as well as the range of services we offer to our clients and their employees. This is great news for both our clients and all of our employees.”
The transaction is subject to regulatory approvals and is expected to close in the second half of 2022.
Tom Burton, Gus Gayford and Richard Brumpton advised the Global Shares management team on the transaction.