Solium Capital Inc. Announces Acquisition of SVB Analytics' CapMx Business - 7 May 2012

0 followers
0 Likes

Press Release



Solium Capital Inc. Announces Acquisition of SVB Analytics' CapMx Business









CALGARY, ALBERTA--(Marketwire - May 8, 2012) - Solium Capital Inc.
("Solium") (TSX:SUM), a leading global provider of web-based stock plan
administration technology and services, announced today that it will
acquire the CapMx business of SVB Analytics, Inc., a member of SVB
Financial Group.

"The CapMx product is a leading technology for private market companies
and SVB Analytics and the CapMx team have done an excellent job of
developing an extensive distribution network and establishing themselves
as the market leader", said Jeff English, a Managing Director of
Solium. "This is an important acquisition for Solium as it extends our
reach into the private market and brings with it a strong book of
business and a very experienced and talented team."

SVB Analytics, offers solutions tailored to the needs of private
technology and life science companies and their venture capital
investors. The CapMx business provides software and support that enable
companies to efficiently and accurately track and maintain their equity
in connection with private company stock options, common and preferred
stock, restricted stock, and warrant programs. In addition, CapMx Equity
Compensation Management and Equity Enterprise includes an electronic
option delivery tool to reduce hard-copy paper documentation of options,
and tools enabling companies to model over-hang, future financing
rounds and exit scenarios. Solium will continue to offer these services
to current and prospective clients.

"We expect that at Solium, CapMx will become part of an end-to-end suite
of equity compensation solutions that will meet companies' needs as
they transition from inception through growth phases and eventually
become public," said Iris Hit-Shagir, President of SVB Analytics. "With
Solium aligned to take care of the CapMx clients, SVB Analytics will now
be able to focus on continuing to expand our already robust valuation,
advisory, and research services to the venture capital ecosystem."

The transaction is expected to close by the end of May 2012. The
completion of the transaction is subject to customary closing
conditions.

About Solium Capital Inc.

Solium Capital Inc. (TSX:SUM), a software-as-a service (SaaS) company,
is a leading global provider of web-based stock plan administration
technology and services. Our software helps companies automate and
manage their stock option and purchase plans, by providing unrivalled
comprehensive regulatory and financial reporting capabilities. Founded
in 1999, Solium has offices in Canada, the United States and the United
Kingdom.

About SVB Analytics

SVB Analytics offers powerful, business-critical information for private
companies and their venture capital investors. Its services enable
companies to comply with tax and audit requirements and report to their
boards more effectively, enabling investors to make and manage their
fund investments with greater insight. Specifically, SVB Analytics
offers valuation services to help companies comply with IRC 409A, FAS
123R, FAS 141/142 and FAS 157. SVB Analytics is a member of global
financial services firm SVB Financial Group, with Silicon Valley Bank,
SVB Capital and SVB Private Bank, serving the unique needs of
technology, life science and venture capital firms. For more information
please visit www.svb.com/svbanalytics.

SVB Analytics is a non-bank affiliate of Silicon Valley Bank and a
member of SVB Financial Group. Products and services offered by SVB
Analytics are not FDIC insured and are not deposits or other obligations
of Silicon Valley Bank. Silicon Valley Bank is a member of the FDIC and
the Federal Reserve System and it is the California bank subsidiary of
SVB Financial Group, which is also a member of the Federal Reserve
System.

Certain statements included or incorporated by reference in this press
release constitute forward-looking statements or forward-looking
information under applicable securities legislation. Forward-looking
statements or information typically contain statements with words such
as "anticipate", "believe", "expect", "plan", "intend", "estimate",
"propose", or similar words suggesting future outcomes or statements
regarding an outlook. The forward-looking statements or information in
this press release include expectations on the timing and the completion
of various events. Such forward-looking statements or information are
based on a number of assumptions which may prove to be incorrect.
Although Solium believes that the expectations reflected in such
forward-looking statements or information are reasonable, undue reliance
should not be placed on forward-looking statements or information
because Solium can give no assurance that such expectations will prove
to be correct. The forward-looking statements and information are based
on Solium's current expectations, estimates and projections, and are
subject to a number of significant risks and uncertainties that could
cause actual results to differ materially from those anticipated.
Accordingly, readers are advised not to place undue reliance on
forward-looking statements or information.



Read more: http://www.digitaljournal.com/pr/699827#ixzz1uIoabbJk

0 Replies
Reply
Subgroup Membership is required to post Replies
Join ECE - Equity Compensation Experts now
Dan Walter
over 12 years ago
0
Replies
0
Likes
0
Followers
731
Views
Liked By:
Suggested Posts
TopicRepliesLikesViewsParticipantsLast Reply
Conference on Financial Planning for Stock Compensation
Bruce Brumberg
over 5 years ago
00422
Bruce Brumberg
over 5 years ago
Level 2 CEP Exam Prep Course Live Study webinars this week!
Achaessa James CEP
over 8 years ago
00704
Achaessa James CEP
over 8 years ago
NCEO CEP Prep Course - Live Study Webinars start on Monday!
Achaessa James CEP
over 8 years ago
00511
Achaessa James CEP
over 8 years ago