Share incentive pioneer Allshares has acquired Novare Pay, a European compensation services provider with a strong Nordic heritage.
Novare Pay, based in Stockholm, is acclaimed for its reputation as a high-growth, high-margin European compensation services provider with a strong Nordic heritage. With an impressive clientele including leading multinational enterprises, Novare Pay's integration into the Allshares ecosystem will translate to an enhanced end-to-end digital turnkey offering to its over 630 clients spanning more than 40 countries worldwide.
The acquisition of Novare Pay further fortifies Allshares' leadership position as one of Europe’s leading compensation software and services providers, with augmented and strengthened capabilities across compensation data and analytics, incentives, and governance. At closing, Novare Pay will rebrand and operate under the Allshares name.
Read more:
News article at Allshares.com “Allshares Forges Ahead as European Compensation Software Leader with Novare Pay Acquisition”
https://www.allshares.com/blog/allshares-forges-ahead-as-european-compensation-software-leader-with-novare-pay-acquisition
Additional information:
Pertti Helaniemi, CEO, Chief Product Officer, Allshares Oy, +358 50 560 5506, pertti.helaniemi@allshares.com
Kristina Wichmann, MD, Pay Incentives, Allshares Oy, +358 50 560 5507, kristina.wichmann@allshares.com
