Carta announces exclusive streamlined solution with Morgan Stanley at Work for private companies seeking to IPO.
Morgan Stanley at Work to become Carta’s U.S. public equity management platform, aligning cap table management and IPO readiness with public equity compensation solutions and wealth management.
In preparing for an increase in IPO activity, Carta, connecting firms, funds, and limited partners across VC and PE, and financial benefits workplace provider Morgan Stanley at Work, announced an agreement wherein Carta has selected Morgan Stanley at Work as its U.S. public equity management and workplace benefits platform for “late-stage private companies going public.”
The collab enables clients to leverage Carta’s private equity management platform “while private, then transition to Morgan Stanley at Work when they go public.”
The firms offer a solution that ensures a robust experience for companies and their employees.
The agreement comes when the market is eager for company exits. On the Carta platform alone, there are nearly “2,000 companies on the pathway to IPO.”
Together, Carta and Morgan Stanley at Work will offer a solution to support these companies and their employees as they “make their transition to being transaction ready and publicly traded.”
Carta firms that choose Morgan Stanley at Work as their public company equity management platform will benefit from Morgan Stanley’s extensive experience in supporting “public companies across a full spectrum of offerings, from its premier investment banking franchise to the investment and wealth management divisions that can cater to participants at every stage of their wealth journey.”
Firm may also experience a streamlined integration as they transition their plan to a Morgan Stanley at Work equity administration platform which can “reduce the management overhead typically associated with a public transition.”
As one integrated firm, with an investment bank connected to wealth manager, they claim to possess capabilities that position them to support companies and their employees in the next phase of growth.
“Proactive” transaction readiness can help companies avoid “costly delays or errors and set their entry into the public markets for success.”
Firms may also benefit from the expertise of Carta’s IPO Readiness Team and Morgan Stanley at Work’s Issuer Excellence Team to guide them on the “path to IPO and assist in a successful transition to becoming a publicly-traded entity.”
Carta and Morgan Stanley have collectively helped more than 385 companies prepare for their IPOs by offering services like:
- Data cleanup: Review company cap table to ensure the information is accurate and matches legal documents, ensuring sensitive data is correct before going public.
- Personalized guidance: Provide detailed guidance on the listing process, calling upon years of experience in the public business helping companies transition to public.
- Communication plans: Designed for employees, investors, and former employees to keep everyone updated on important information during the transition.
Carta connects founders, investors, and limited partners via software purpose-built for everyone in venture capital and private equity.
Carta’s fund administration platform supports nearly “7,000 funds and SPVs, and represents nearly $130B in assets under management.”
“Trusted” by more than 40,000 companies, Carta helps private businesses in over 160 countries manage their “cap tables, valuations, taxes, equity programs, compensation, and more.”
Carta claims that it is setting a new standard “as the end-to-end platform connecting private capital.”
Their fund management platform integrates tools and insights purpose-built to support the “strategic impact of fund CFO’s.”
As explained in the announcement, Morgan Stanley at Work provides workplace financial benefits that build financial confidence and foster loyalty—helping companies attract and retain talent.
Their solutions support organization at any stage of growth through a combination of tech, guidance, and dedicated service; they include the following: Equity, Retirement, Deferred Compensation, Executive Services, and Saving and Giving solutions.
And while they’re fulfilling your company’s benefits needs, they’re also enhancing your employees’ financial well-being.
Each benefit solution also includes their Financial Wellness program, which reportedly provides workers with “knowledge, tools, and support to help them make the most of their benefits and achieve their life goals.”
