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