Allshares Solidifies Nordic Leadership With the Acquisition of Aktieinvest Incentives
May 15 2024 - 12:00AM
Business Wire
Bregal Milestone, a leading European technology and software
private equity firm, is pleased to announce the acquisition of
Aktieinvest Incentives by its portfolio company, Allshares, a
pioneering compensation and long-term incentive software and
services provider. Following Allshares’ recent acquisition of
Novare Pay, the strategic addition of Aktieinvest Incentives
further establishes the company at the forefront of providing
comprehensive compensation and incentive solutions in Sweden.
Aktieinvest Incentives is a leading provider of share plan and
equity incentive administration to business customers in Sweden.
Following the acquisition, Aktieinvest Incentives will fully
integrate with Allshares’ state-of-the-art equity plan
administration platform. Current Aktieinvest Incentives customers
can expect uninterrupted service and will benefit from Allshares’
exceptional client support and end-to-end solutions, including
expanded offerings like tax services and IFRS reporting.
In a statement from Louise Hagsten, CEO of Aktieinvest
Incentives, the decision to integrate with Allshares was
underscored by its unmatched holistic software and services
offering. "Our partnership with Allshares heralds a new era of
innovation and client-centricity for Aktieinvest Incentives
customers. We were drawn to Allshares' commitment to excellence and
their robust equity plan administration product suite which
includes tax and IFRS reporting capabilities. We are confident that
joining forces with Allshares will translate to an enhanced digital
participant experience for Aktieinvest Incentives’ customers."
Erika Andersson, former CEO of Novare Pay and recently appointed
CEO of Allshares Sweden, stated, “The reception of Allshares by
Novare Pay customers and the broader Swedish market has been
overwhelmingly positive. I am confident that Aktieinvest
Incentives’ customers will have a similar experience, thanks to
Allshares’ customer-centric and innovative approach to compensation
solutions. The Allshares proposition stands out in the market, and
I am eager to maintain our longstanding relationship with
Aktieinvest Incentives’ customers. With Allshares, we can offer an
enhanced equity plan administration proposition, further improving
our ability to serve customers effectively.”
Pertti Helaniemi, CEO of Allshares Finland, highlighted the
continuity and seamless experience that customers can expect from
the addition of Aktieinvest Incentives to the Allshares ecosystem.
"At Allshares, we are dedicated to maintaining high standards of
service and innovation. In addition to Allshares’ comprehensive
equity plan administration platform, our Pay Incentives, Pay
Governance and Pay Analytics service offerings mean clients can
expect a seamless one-stop experience for all their compensation
needs."
John Hales, Managing Director at Bregal Milestone, reiterated
the company's vision and the integral role that Aktieinvest
Incentives plays in achieving it. "At Allshares, the vision is to
deliver leading compensation solutions that drive high performance
for both private and publicly listed customers throughout Europe.
The acquisition of Aktieinvest Incentives is a testament to our
commitment to this vision, as it strengthens our position as a
leader in the Nordic region and reinforces our ability to deliver
exceptional value to leading companies. We are thrilled to welcome
Aktieinvest Incentives to the Allshares family and look forward to
leveraging our combined strengths to deliver distinctive
compensation solutions."
Terms of the transaction were not disclosed and are subject to
customary closing conditions.
About Bregal Milestone
Bregal Milestone is a leading European software and technology
private equity firm with c.€1.3 billion of capital raised since
inception. The firm provides growth capital and operational support
to build market-leading technology companies. Bregal Milestone is
part of Bregal Investments, a leading global investment platform
with assets under management of over €18 billion. Bregal Milestone
was recognised by GrowthCap as one of the Top Growth Equity Firms
of 2023. For more information, visit www.bregalmilestone.com or
follow us on LinkedIn.
About Allshares
Allshares is a pioneering provider of compensation and incentive
solutions in Europe. Trusted by leading multinational enterprises,
Allshares will now serve approximately 900 clients in more than 60
countries with an end-to-end digital turnkey solution for equity
plan management. Companies and participants can use its proprietary
software and services to administer share plans in full compliance
with relevant regulations, legal, and tax frameworks, as well as
deliver seamless and automated IFRS reporting of share plans to
companies. For more information, visit www.allshares.com.
About Aktieinvest
Aktieinvest Incentives is a part of Aktieinvest. Aktieinvest,
among Sweden's oldest online brokers, boasts a 50-year legacy and
60,000 customers. Aktieinvest offers monthly share savings,
dividend reinvestment, and handles corporate events, essentially
simplifying stock investment. With a workforce of around 40, and a
customer-centric approach, Aktieinvest has consistently sought to
modernize and enhance its offerings, ensuring that clients can
seamlessly save and invest in both Swedish and foreign stocks,
funds, and ETFs. Since June 2023, Aktieinvest has been under the
ownership of S�derberg & Partners, a prominent financial
advisor and intermediary in the Nordic region. For more
information, visit www.allshares.com.
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Jillian Hazelton Head of Marketing & Communications
Jillian.hazelton@bregal.com