LONDON, March 16, 2022 – Proskauer, a leading international law firm, today announced that it has acted as lead counsel to Global Shares Plc and its stakeholders on the sale of Global Shares to J.P. Morgan.
Global Shares is a leading cloud-based provider of share plan management software. Global Shares’ employee ownership solutions cover the entire company lifecycle, and caters to corporates worldwide.
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 company 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 Motive Partners.
Motive Partners is a specialist private equity firm focused on growth equity and buyout investments in software and information services companies that serve the financial services industry.
The deal is subject to regulatory approvals and closing. The transaction is expected to close in the second half of 2022. Over time, J.P. Morgan will integrate Global Shares into its Asset & Wealth Management line of business, supporting the next phase of Global Shares’ growth agenda.
The Proskauer team in London advising Global Shares consisted of partners Richard Bull and Andy Houghton, and associates David Hill and Jasper Schippers.
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. The world’s leading organizations, companies and corporations choose us to be their representatives in their most critical situations. But more, they consider Proskauer a strategic partner to drive their business forward. We work with asset managers, major sports leagues, Fortune 500 companies, entertainment industry legends and other industry-redefining companies.