January 19, 2022

Alberta Stories

Solium reaches unicorn status after acquisition by Morgan Stanley

Launched in 1999 as Solium Capital, the company helped establish the fintech ecosystem in Alberta. It developed an intuitive stock plan administration platform, which serves over 3,000 clients, with 1 million participants. In 2019, Solium was purchased by Morgan Stanley for over $1 billion, the 6th largest fintech deal in the Americas that year. The company has since rebranded as Shareworks by Morgan Stanley.

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