Carta has acquired Capdesk — the UK and Europe’s main fairness administration platform.
Capdesk is trusted by a whole lot of corporations to simplify fairness administration, with greater than £90B price of property on the platform. The corporate has had monumental success because of its nimble workforce, easy structure, and skill to deal with advanced, country-specific compliance and fairness wants for its clients and their stakeholders.
Over time, Capdesk clients throughout the UK and European enterprise ecosystems will profit from Carta’s depth of expertise serving non-public corporations with an expansive product suite together with fairness administration, compensation, and liquidity. Within the close to time period, Capdesk clients may have entry to Carta’s 409A valuation service. This implies they’ll have the ability to compliantly and effectively difficulty fairness to U.S. workers whereas being backed by the safety of one of many largest 409A suppliers within the nation. We’re excited to serve the wants of this rising ecosystem.
Capdesk’s founders—Christian, Martin, and Mikkel—constructed one of many first-ever multi-jurisdictional fairness administration platforms. They led an fairness revolution within the UK.
Earlier than Capdesk, employers needed to handle fairness schemes manually with authorized counsel in every nation. With Capdesk, employers can merely onboard and belief the corporate to handle all of the detailed necessities of a number of jurisdictions.
Within the UK, Capdesk provides filings for HMRC and Firms Home and help for EMI, CSOP, EIS, and deed signing. In Germany, Capdesk provides safe VSOP administration and share quantity dealing with, in addition to digital signing compliant with Bundesdruckerei. In France, Capdesk provides help for BSPCE, together with a totally customizable vesting schedule engine. The corporate additionally helps clients with distinctive wants in Sweden, Denmark, and throughout the EU.
After we met with the Capdesk workforce, we noticed a whole lot of the identical values that we maintain right here at Carta. They’re on a mission to make it simpler for startups to do enterprise within the UK and round Europe. They’re on a mission to create extra fairness house owners. We’re grateful to have Christian, Martin, and Mikkel keep on as key leaders inside Carta, and are excited to welcome the remainder of their excellent workforce as we construct our presence within the UK.
Thanks to all the Capdesk workforce. We’re grateful to your clients and early traders. We are able to’t look ahead to what we accomplish collectively within the UK.