Employee share plan provider Computershare has completed the acquisition of Zurich-based Equatex from Montagu Private Equity, following regulatory approval.
Equatex, which has over 220 employees, provides a range of employee share plan administration services for more than 160 clients, administering around $40 billion (£31.1 billion) in assets.
The organisation manages deferred equity compensation plans for global businesses, with clients across industries including financial services, healthcare, pharmaceuticals, energy and IT. It has clients in 168 countries and covers approximately 1.1 million plan participants.
Computershare has over 16,000 employees worldwide, and specialises in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications.
Naz Sarkar (pictured), chief executive of Computershare's UK, Channel Islands, Ireland and Africa region, said: "We're delighted to be welcoming all Equatex staff and clients to the Computershare group today. The Equatex team has a great deal of expertise and I am confident it will continue to deliver service excellence for all clients."
Siegfried Heimgartner, chief executive of Equatex, said: "We are very pleased to have received regulatory approval and to be part of the Computershare group. We remain dedicated to delivering the best outcomes for clients and participants via all of our employee plans."
