Global Shares

Global Shares
FormerlyGlobal Shares
IndustryFintech
Founded2005
HeadquartersClonakilty, Cork, Ireland
Area served
Around the world
BrandsJ.P. Morgan Workplace Solutions
Number of employees
800 (2023)
ParentJ.P. Morgan
Websitewww.globalshares.com

J.P. Morgan Workplace Solutions, formerly known as Global Shares is a fintech company headquartered in Clonakilty, Ireland, managing employee equity plans for startups, tech companies and enterprise brands.[1][2]

In March 2022, JPMorgan Chase agreed to acquire Global Shares.[3]

History

Global Shares was founded in 2005. In 2020, Tim Houstoun (CEO) was announced as a finalist in the EY Entrepreneur of the year award.[4] In the same year, the company launched a new version of its product and won the 'Company of the Year Award 2020 - IT' [5] The company was also the winner of Technology Ireland's "Company of the Year 2021".[6]

In 2022, JPMorgan Chase acquired Global Shares for €665 million.[7]

References

  1. ^ "Global Shares' Tim Houston embraces the transformation following sale to JP Morgan". The Irish Times.
  2. ^ Hamilton, Peter. "Fintech firm Global Shares aiming to be west Cork's 'first unicorn'". The Irish Times.
  3. ^ Levitt, Hannah (15 March 2022). "JPMorgan Agrees to Buy Share-Plan Software Company Global Shares". www.bloomberg.com. Retrieved 2022-06-22.
  4. ^ "EY selects 24 finalists to battle for Entrepreneur of the Year award". The Irish Times. Retrieved 2022-06-25.
  5. ^ "Clonakilty's Global Shares recognised for its contribution to the local region". The Southern Star. Retrieved 2022-06-25.
  6. ^ "Global Shares wins 'Company of the Year' award". rte.ie. 2021-11-26.
  7. ^ Goodbody, Will (11 August 2022). "J.P. Morgan completes takeover of Cork's Global Shares". RTÉ.

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