Qapita acquires ESOP Direct in an all-cash deal
Equity management platform Qapita has acquired all subsidiaries of Pune-based ESOP Direct in a move aimed at market consolidation.
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Equity management platform Qapita has acquired all subsidiaries of Pune-based ESOP Direct in a move aimed at market consolidation.
Singapore headquartered equity management firm Qapita, today announced that it has completed the 100% acquisition of India-based ESOP Direct in a full cash transaction. This will see Qapita secure full ownership of ESOP Direct’s operating entities from its shareholders. With this acquisition, Qapita will become a market leader in this region catering to both listed and unlisted clients, expanding...
With this acquisition, ESOP Direct and Qapita has become a combined entity that can manage over $12 Bn worth ESOPs
The combined entity will manage ESOPs worth over $12 billion with around 13,000 employee owners on ESOP Direct’s platform, the company said in a statement