Carta Acquires UK Equity Management Firm Capdesk

Silicon Valley tech firm Carta is acquiring London equity management company Capdesk for undisclosed terms.

“We founded Capdesk with a vision of changing finance for good by leveraging the power of equity for the benefit of founders, investors and employees alike. I’m thrilled we’ve identified a shared vision in Carta. This deal will enable us to further strengthen our position across Europe,” Capdesk CEO and co-founder Christian Gabriel said, Tech Funding News reported on Thursday (Sept. 1).

Capdesk handles £90 billion worth of assets on its platform.

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“We’ve been following Capdesk’s impressive journey for years. Before Capdesk, employers would have had to manage equity manually with legal counsel in each country. With Capdesk, employers can simply onboard and trust one single provider with managing the detailed requirements of multiple jurisdictions. Capdesk’s founders … have led a cross-border equity revolution. We’re thrilled to be welcoming their vision, expertise and experience to the Carta fold and we’re grateful to have all three founders stay on as key leaders within the company,” said Henry Ward, co-founder and CEO of Carta.

Under the agreement, Capdesk customers will gain access to Carta’s products and services, and Carta will leverage Capdesk’s understanding of equity and dominance in Europe to grow its footprint further around the globe.

Founded in 2015 in London, Capdesk works with more than 3,500 fast-growing companies in Europe, including Checkout.com, Gousto, VOI, Wagestream and Plum Guide. The startup oversees over £90 billion worth of assets and serves customers at each stage, from seed to IPO with an end-to-end equity management system.

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