Capdesk’s customers in the UK and Europe will have access to Carta’s products including its equity management, compensation, and liquidity offerings, as well as Carta’s 409A valuation service, which will allow firms to issue equity to US employees. Together, Carta and Capdesk also have plans to expand into new markets such as India and Singapore. Headquartered in London and founded in 2015, Capdesk manages over £90 billion in assets.
The acquisition will allow Carta to expand in the UK and Europe through Capdesk’s “multi-jurisdictional” equity platform. Before Capdesk, employers had to manage equity schemes manually with legal counsel in each country. Founded in 2012, Carta claims to have over 30,000 companies as clients and manages over $2 trillion in equity for nearly two million people across the world.