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Empower completes acquisition of Plan Management Corporation (PMC), the creator of OptionTrax, to deliver integrated equity compensation solutions

PRIVATESep 23, 2024

Acquiring Company

Empower

Acquired Company

Plan Management Corporation (PMC)

Greenwood VillagePennsylvaniaFinancial ServicesIntellectual Property

Description

Empower, a leading provider of retirement and wealth management services, has strategically acquired Plan Management Corporation (PMC), the creator of OptionTrax, a leading digital equity plan administration platform and service provider. This acquisition strengthens Empower's position by integrating OptionTrax's digitally oriented equity compensation platform and administration services into its leading retirement and wealth management services, offering a new comprehensive solution to both publicly traded and privately held companies.

Quick answer

Empower is acquiring Plan Management Corporation (PMC), announced September 23, 2024. Empower is based in Greenwood Village, Colorado, United States.

How much did Empower pay for Plan Management Corporation (PMC)?
The deal value was not disclosed.
What does Empower do?
Empowered Funds LLC is an investment firm focusing on acquiring interests in various sectors.
Where are Empower and Plan Management Corporation (PMC) based?
Empower is based in Greenwood Village, Colorado, United States. Plan Management Corporation (PMC) is based in Pennsylvania, United States.
Who are the decision-makers at Empower?
Fundz holds 2 contacts at Empower. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Financial Services and Intellectual Property

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Empower

Location

8515 East Orchard Road

Greenwood Village, Colorado, United States

About

Empowered Funds LLC is an investment firm focusing on acquiring interests in various sectors. It aims to enhance the value of its portfolio through strategic management. The company specializes in identifying growth opportunities and delivering returns for its investors.

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Frequently asked

Who acquired Plan Management Corporation (PMC)?

Plan Management Corporation (PMC) was acquired by Empower, based in Greenwood Village. The deal was reported on September 23, 2024. Empowered Funds LLC is an investment firm focusing on acquiring interests in various sectors. It aims to enhance the value of its portfolio through strategic management. Empower is privately held and operates in Financial Services.

When did Empower acquire Plan Management Corporation (PMC)?

Empower's acquisition of Plan Management Corporation (PMC) was reported on September 23, 2024. Empower, a leading provider of retirement and wealth management services, has strategically acquired Plan Management Corporation (PMC), the creator of OptionTrax, a leading digital equity plan administration platform and service provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Plan Management Corporation (PMC) do?

Plan Management Corporation (PMC), the creator of OptionTrax, is a leading digital equity plan administration platform and service provider headquartered in West Conshohocken, Pennsylvania. It is privately held, operating in Intellectual Property, and is based in Pennsylvania.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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