Montagu Private Equity (“Montagu”), a leading European private equity firm, today announced the completion of the sale of Equatex to Computershare Limited, a global market leader in transfer agency and share registration, employee equity plans, mortgage servicing, proxy solicitation and stakeholder communications.

Equatex  is a deferred compensation service provider, specializing in the design, implementation and administration of deferred equity plans. The business provides equity compensation administration services to over 160 clients, servicing over 1.1 million share plan participants in 168 countries and managing around US$40bn in assets.  Equatex is an expert in managing deferred equity compensation plans for global businesses, with clients across all major industries including financial services, healthcare, industrial, pharmaceuticals, energy and IT.

Equatex was formerly the CEFS International operation of Swiss bank UBS. Montagu acquired the business in 2013.