Alight Completes Sale of Payroll and Professional Services Business
WEBJul 12, 2024 · The sale of the Payroll & Professional Services business, which will operate as an independent business and has been renamed Strada, includes a transaction value of up to $1.2 billion, in the form of upfront gross proceeds of $1 billion in cash and up to $200 million in seller notes, of which $150 million is contingent upon Strada reaching ...
Alight Announces Agreement To Sell Payroll and Professional …
WEBMar 20, 2024 · Alight, Inc. (NYSE: ALIT) announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G. Capital.
Strada - LinkedIn
WEBWe’re Strada, a global pioneer in payroll, human capital, and financial management solutions. | We believe that the most advanced companies are driven by people.
H.I.G. Capital Signs Definitive Agreement to Acquire Alight’s …
WEBMar 20, 2024 · H.I.G. Capital Signs Definitive Agreement to Acquire Alight’s Payroll and Professional Services Business. NEW YORK – March 20, 2024 – H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement ...
Alight to sell payroll and professional service business for up to …
WEBMar 20, 2024 · Alight said on Wednesday it has agreed to sell its professional services and payroll outsourcing business to an affiliate of private equity firm HIG Capital for up to $1.2 billion.
Strada on LinkedIn: We are excited to announce that today we …
WEBLearn how a modern, digital experience can help you reduce costs and increase efficiency. Help streamline your #payroll operations with Alight to ensure accuracy every time.
H.I.G. Capital Signs Definitive Agreement to Acquire Alight’s …
WEBNEW YORK, March 20, 2024--An affiliate of H.I.G. Capital has signed a definitive agreement to acquire the Payroll and Professional Services Business of Alight, Inc.
Alight Completes Sale of Payroll and Professional Services Business
WEBJul 12, 2024 · The sale of the Payroll & Professional Services business, which will operate as an independent business and has been renamed Strada, includes a transaction value of up to $1.2 billion, in the...
Alight's $1.2 Billion Sale of Payroll and Professional ... - DHRMap
WEBJul 12, 2024. Alight, Inc. (NYSE: ALIT), a leading human capital technology and services provider, has completed the sale of its Professional Services and Payroll & HCM Outsourcing businesses to H.I.G. Capital for up to $1.2 billion. The newly independent business has been renamed Strada.
Alight, Inc. - Alight Announces Agreement to Sell Payroll and ...
WEBMar 20, 2024 · LINCOLNSHIRE, Ill.-- (BUSINESS WIRE)-- Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment …