Motive Partners, a US private equity firm backed by the Irish Strategic Investment Fund, has taken a 40pc take in equity compensation management company Global Shares.
While no official financial details of the transaction have been publicised, sources estimate that Motive Partners paid approximately $25m for the 40pc stake.
Global Shares, which was founded in 2005, is headquartered in Clonakilty, Co Cork, with other offices located in London, New York, Hong Kong and Beijing.
Revenue at Global Shares has increased 60pc over the previous year and its employee headcount has grown from 68 in 2015 to more than 175 …read more
Source:: Silicon Republic News